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Efforts to bolster utility by adding functions to payment card terminals is spawning debate among North America's leading terminal vendors. While Phoenix-based Hypercom Corp. and Roswell, Ga.-based IVI Checkmate Corp. offer payment terminals that capture receipts electronically, Santa Clara, Calif.-based VeriFone is not convinced there is a business case for the technology among small merchants, which have a relatively small problem with charge-back issues.
"In large retail environments, the...