Merchant

Youth e-commerce company Virtual Piggy will provide its payment engine to Marvelous USA, which sells video games.

The demise of PerkStreet, a startup that offered generous cash back on debit card purchases, illustrates how the business is changing. Interchange-funded rewards are out; merchant-funded perks are in.

VeriFone Systems has launched Way2Ride, a mobile app that enables taxi passengers to get in, tap to pay, and get out of the cab the moment their ride is over.

Facebook’s new mobile checkout initiative brings heft to the power of social data in areas such as advertising and payments risk, and aims to improve the user experience on mobile apps.

A new Braintree service is designed to help market-style businesses streamline the process of splitting incoming consumer payments between their online stores and selling partners.

A federal judge raised the possibility that banks will have to repay billions of dollars to merchants, but legal experts say the court lacks the authority to enact such an order.

Canadian financial services technology developer Davis and Henderson closed its $1.2 billion acquisition of Lake Mary, Fla.-based Harland Financial Solutions on Friday.

See how the U.K. version of the PayPal Here mobile point of sale technology enables EMV chip-card payments.

Stripe, a technology company that helps other companies accept payments online, is formally launching its British service.

Collection agency Monarch Recovery Management has extended its payment infrastructure by adding a Web portal using technology from BillingTree.