Merchant

Punchey's tossing its hat into the mobile payments ring with a mix of mobile card acceptance, social network-driven marketing and other services designed for merchants that handle larger payments.

Two collection agencies in Western New York have announced a merger. Terms of the deal were not disclosed.

BuyReply, an Australian startup, is going back to the basics in allowing consumers to purchase items from television and magazine advertisements by sending just an email or a text message — no special hardware or software required.

Eight months after giving the Project Oscar mobile commerce initiative a new name — Weve — and a new mission in the U.K., the telco joint venture has given its first hints of launching a Near Field Communication mobile payments service.

Retailers should embrace a hybrid approach to mobile shopping with wallet apps that bridge the physical and digital consumer experiences.

Tristan O'Tierney, one of Square's team of co-founders is leaving the mobile payments company after four years.

McDonald's and Kuwait International Bank are partnering with Seamless to pilot Seamless' SEQR mobile payment system in Kuwait.

Square has completed a major overhaul of the cloud-based Square Wallet, which allows consumers to make purchases from a linked payment card by "checking in" at a Square merchant. Here are some of the key differences in the new Wallet app.

Debt buyer Encore Capital Group Inc. on Thursday closed its $200 million acquisition of Asset Acceptance Capital Corp. All subsidiaries of Asset Acceptance are part of Encore Capital and Asset Acceptance’s stock, NASDAQ ticker symbol AACC, has been delisted.

U.S. foreclosure activity increased 2% in May, even as the recovery in many local housing markets is showing gains, online marketplace RealtyTrac said.