Bailey Reutzel

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.

On Track Innovations' (OTI) contactless readers have received certification from the mobile wallet venture Isis, which recently launched its Near Field Communication-based payment system nationwide.

InStore, an iPad-based mobile point of sale provider, has launched Gift Card Merchant, a free app for Apple devices that allows merchants to design physical gift cards to be printed.

A new multi-purse card called Coin recently caused a commotion as it sparked interest in the concept of a card with a dynamic magnetic stripe. But other companies have pitched similar concepts before.

Visa Inc. is working with i2c to bring new prepaid processing options to countries where prepaid card use is growing.

PayPal and MyCheck are going to New York's theater district to set the stage for mobile payments. The companies are targeting restaurants with MyCheck’s pay-at-the-table technology.

Just as U.S. policymakers are taking a more supportive approach to Bitcoin and other virtual currencies, countries that have taken a hands-off approach may soon weigh in with regulations that mirror those of the U.S.

Jusp, a mobile point of sale provider, announced a flat monthly fee ranging from 39 to 69 euros (approximately $53 to $93) to target midmarket merchants and large corporations.

Virtual Piggy, which offers a payment system for teens, is integrating with Payelp Global's e-commerce platform to offer its services to Payelp's network of online merchants.

With some powerful marketing, Coin, a dynamic card provider, has captured consumer attention with its magnetic-stripe card that can digitally store accounts from multiple credit and debit cards.

The Dish Daily, an online publication focused on technology and entrepreneurship, has partnered with BitWall to launch its Twitter "paywall," allowing readers to view articles after they tweet a link to their followers.

The moment of truth… With the Isis app running and my Serve account displayed on-screen, I held my phone in front of the contactless card reader.

Gyft, a mobile gift card provider, has launched a loyalty system that gives different levels of rewards based on the funding method, favoring alternatives over credit cards.

NCR Corp. has updated its NCR Silver point of sale system for iPad, adding features that allow a small business to grow including support for multiple locations.

The Federal Election Commission (FEC) has proposed allowing Bitcoin to be accepted as contributions for federal candidates in its draft guidance.

WorldPay has entered a five-year partnership to support payment processing for Direct Card Solutions, which specializes in serving the entertainment industry.

Merchants labeled high-risk often have trouble finding processors willing to work with them, but they may have better luck if they adopt a digital currency designed to prohibit chargebacks.

Continuing its international expansion through partnerships, U.S.-based EVO Payments International LLC has acquired a controlling interest in Polish financial institution PKO Bank Polski's merchant acquiring arm.

Harbortouch has released its Perkwave integrated point of sale terminal with EMV-chip and Near Field Communication capabilities.