Merchant

Starbucks' $25 million investment in Square says a lot about the mobile payment provider's appeal to larger merchants — but the coffee chain's decision to leave out some of Square's technology also speaks volumes.

U.S. Senator Richard Durbin said merchants should "think hard" before signing a $6.6 billion settlement with Visa, MasterCard and banks over credit-card fees.

ViVOtech has sold its ViVOpay payment-hardware business, the company said Monday in a notice on its website.

No one affiliated with the Isis mobile payment initiative is saying exactly when the first testing in Salt Lake City and Austin, Texas will begin, but the venture is steadily tying its remaining loose ends.

U.S. payment-card industry rivals have decided to come together, at least for a few days, to better navigate the gargantuan task of migrating to the modern EMV chip-card standard by 2015.

Many small-business owners don't understand social media, and American Express Co. is making increasing efforts to instruct them in the best uses of such sites. A focus of Amex’s efforts is its forum on LinkedIn, where bird-supply vendor Mitch Rezman participates.

Merchants and ATMs in Nepal last month gradually began accepting cards issued by JCB International Co. Ltd. through partnerships with Himalayan Bank Ltd. and Alpine Card Service P. Ltd., Japan’s only global payment brand announced.

Juan Benitez, the new chief technology officer of Braintree Inc., expects to play a key role in the continued growth of the online and mobile payments provider.

Vivotech Inc. is restructuring its operations and reducing its workforce, the software and systems company announced July 27.

Chicago has become the second U.S. city to participate in MasterCard Worldwide’s Priceless Cities campaign.