Merchant

PayPal Inc. announced a 'bug bounty' program, an update to the process it uses to solicit bug reports from security researchers.

Mobile wallet mania is experiencing another surge that some consider overblown.

The credit card tech provider Paynet Systems has added a tool to its Credit Card Machine app that allows merchants to request reviews on social media at the end of a transaction.

Views appear mixed on whether PCI compliance matters with mobile payment dongles, but one independent sales organization says adherence to the data-security standard is a no-brainer.

MasterCard, with a headcount of 6,700, is taking some of its cues in mobile payments from the likes of PaidPiper, a six-month-old company with just 10 employees. The card network is relying in part on ideas from the start-up to design its software tools for developers in mobile payments.

The Girl Scout troops are once again proving to be an ideal test case for mobile card acceptance.

A California-based start-up that enables children to manage and spend funds within a parent-controlled environment has updated its system to support monthly subscriptions to games, music and other digital media.

The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 to settle Federal Trade Commission charges. The settlements also permanently ban the defendants from selling any mortgage-assistance relief products.

Consumers are increasingly using payment cards at vending machines, and the owners of the devices are reaping the benefits through higher ticket sales and increased transaction volume.

The Federal Trade Commission charged a telemarketing operation with running a deceptive investment scheme that took in at least $10 million from mostly elderly consumers, many of whom invested their retirement savings buying precious metals on credit without knowing the costs and risks.