Merchant

Target Corp., one of the biggest retailers in the country, has joined groups that include the National Association of Convenience Stores in opposing the proposed $7.25 billion settlement of a lawsuit brought by a group of retailers against Visa and MasterCard and a dozen large banks.

CHICAGO — A small "sound off" session here Thursday at a trade show could signal the beginning of better communication between acquirers and the rest of the payment industry.

Security and compliance are still daunting issues for merchants. Phoenix Managed Networks hopes to ease this pain by offering its network security product to "hundreds of thousands" of merchants through a new partnership with Sysnet Global Solutions.

Developing a mobile wallet for consumers is one thing. Getting those consumers interested and educated about how the wallet works and why they should use phones for payments is an entirely different matter.

Recurring revenue and a recent spate of publicity are luring potential buyers into the acquiring industry's merger-and-acquisition market.

The days of the add-on mobile card reader may be numbered, as recent developments around software-based approaches gain strong momentum.

PayPal's decision to buy its mobile-pay tech partner Card.io sheds light on how the smaller company's technology is shaping the world of mobile payments.

Though it's the world's longest undefended border, the boundary between the United States and Canada can seem formidable to American independent sales organizations.

PayPal announced July 17 that it has acquired financial technology start-up Card.io.

In less than six months, MoBank Group has sparked plenty of interest among United Kingdom online retail merchants as they upgrade their websites for mobile commerce.