Merchant

NBS Technologies, a provider of equipment for card personalization, is installing Xpressi Trusted Service Manager for a customer in Europe in early October.

Groupon is the latest of many companies to provide merchants with a card reader that clips to smartphones. But the daily-deals company is not simply selling a me-too device — it is planting the seeds of a bigger payments strategy.

Although hospitality-focused mobile payment application developer Tabbedout's technology has some resemblance to Square's mobile wallet, the vendor says it designed its system to be more compatible with established payment systems.

Some independent sales organizations intentionally make merchants' monthly statements as confusing as possible — even as others are working to dispel the mysteries of billing.

Merchant Warehouse, a Boston-based independent sales organization, says its Genius Customer Engagement Platform accepts Apple Passbook, a function the company views as part of a nationwide shift toward mobile payments.

Square announced today that it has closed the Series D financing round that included Starbucks, among other investors.

International Merchant Solutions has signed a multiyear deal with Phoenix Managed Networks for PhoeniXSentry, a cloud-based network management service and built-in firewall router.

More consumers are using mobile devices to pay for online purchases, but small merchants aren't doing much to accommodate them.

The medical marijuana market once represented a new opportunity for merchant processors, but it dried up almost overnight when the major U.S. credit card networks more or less banned them from processing such sales — even in states where it is legal.

American card issuers and acquirers are "dragging their feet" on the transition to the EMV chip card standard, but some companies hope to speed the transition by making a clear business case for the technology.