Merchant

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

Two attorneys, an appraiser and two others have been indicted for their roles in a New York mortgage fraud ring that operated for years and netted more than $1 million by preying on first-time home buyers and institutional lenders.

In a crowded field of Square-like vendors, the Berlin-based SumUp hopes to stand out by virtue of its executive experience, its strong partnerships and funding, and a more comprehensive role in developing its own hardware as well as its software and services.

The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

Consumers' confidence in the economy moved closer to a 5 1/2-year high as a result of growing optimism that wages and hiring will improve in the next few months.

PayPal Canada is collaborating with TouchBistro to allow customers to use smartphones to "check in" and pay at restaurants.

Singular Payments' software will allow Kindable to add electronic payment acceptance as part of its offerings for non-profit organizations.

Twitter Inc. hired Nathan Hubbard, the former president of Ticketmaster, as its first head of commerce, part of a push to enable shopping via short postings on its social website.

Suburban Chicago business owner Daniel Dvorkin had just been ordered to pay more than $8 million to a debt collector last year when he took a lucrative but deadly proposition to a gun shop owner he knew, according to prosecutors.