Merchant

PayPal may not be trying to become a merchant's bank in providing working capital and next-day settlement on fund transfers, but the payments unit of eBay Inc. is trying to make it harder for its merchants to consider another provider.

Successful retailers know that the secret to selling more can be a relatively straightforward formula: Increased traffic equals increased sales. But what about the costs associated with generating that traffic?

If Seamless Distribution AB is going to pitch U.S. merchants on being able to duplicate the successful Starbucks mobile payment experience at their businesses, its new relationship with prepaid product provider InComm potentially provides a significant boost.

Braintree has launched a toolset for developers that integrates directly with PayPal, which acquired Braintree in 2013.

Diebold Inc. is selling Diebold ERAS Inc., the company's image-based check processing and remittance services, to CheckAlt LLC.

Australian financial authorities have updated a publication that is partly geared to ensuring collection activity is handled in keeping with the country's consumer protection laws.

A debt collection telephone scam in West Virginia is targeting consumers by summoning them to court over unpaid credit card accounts - debt that in most cases apparently does not exist.

Overall U.S. consumer borrowing, including credit card borrowing, increased in May - primarily the result of Americans taking out more loans to buy cars.

Merchants who have been quick to complain about the cost of accepting card payments at the point of sale haven't always calculated the true cost of accepting cash in comparison, a new Aite Group study says.

For the financial and retail industries, mobile is becoming a significant part of the strategy for delivering valuable content and services to customers. Two technologies in particular are available on many of today’s smartphones and are being looked at to enhance consumer experience: Near Field Communications (NFC) and Bluetooth low energy (BLE).