Merchant

The e-commerce provider Spindle has partnered with the payment processor TekTango to provide point of sale hardware with bundled payment processing services.

The Federal Trade Commission is taking action against two auto dealer groups, operating in five states with more than two dozen retail stores, for civil penalties for violating FTC administrative orders prohibiting them from deceptively advertising the cost of buying or leasing a car.

Two credit-reporting companies say that a jump in lending to borrowers with poor credit has helped lead to a growing number of Americans falling behind on their car payments.

The payday loan industry in South Dakota is warning about possible far-reaching problems if a coalition seeking to ban such lending in the state succeeds.

In the age of Apple Pay and other electronic payment options, physical gift cards still reign supreme, with most shoppers still preferring to give physical cards and most frequently select denominations between $25 and $50.

While PayPal has not taken a firm position on whether it sees Apple's foray into payments as a competitive threat or potential partner, Apple's addition of PayPal as an option for its online stores suggests an openness to cooperate on basic functions.

RapidValue is tapping emerging mobile communication technology to allow retailers to offer coupons, marketing and other communications tied to payments.

An estimated 43 million people carry delinquent medical debt on their credit reports and medical bills account for nearly half of all overdue debt on the reports, according to a study released Thursday by the Consumer Financial Protection Bureau.

As mobile wallet providers seek to add value to their services in the payments market, account aggregator Yodlee says it has a data analysis tool that will help that expansion.

The tablet-based point of sale market is becoming crowded, pressuring providers to get creative to stand out.