Merchant

Australian debit card company eftpos has signed a five-year agreement with mobile wallet technology developer C-Sam.

Mobile pay tech company Boku has entered a carrier billing partnership with Swisscom to provide direct-to-bill payments to more than 6 million customers, or more than 60% of Switzerland's mobile market.

Earlier today Groupon POS, a mobile payment app for merchants using iPads as point of sale systems, was released on iTunes, but the app has since been pulled from the app store.

Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.

Amazon launched its virtual currency, Amazon Coins, giving all U.S. Kindle Fire tablet owners $5 worth of free coins in their Amazon accounts and discounts for purchasing more in bulk.

Simon Haslam is becoming president and CEO of Elavon at a time of extreme stress for payments processors, which face nimble competitors, new payment standards and high-profile security risks.

NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.

Newtek Business Services, a New York-based national super-ISO, intends to expand its stable of 10 or so active independent sales organizations to as many as 250.

Through a partnership with Bitcoin payment processor BitPay Inc., Gyft now accepts bitcoins for its mobile gift card product. This extends the virtual currency's reach to more than 50,000 retail locations.

Southwest Airlines, Pacific Convenience & Fuels LLC, RaceTrac and Brinker International Inc. have joined the retailer-driven effort to establish a mobile wallet for merchants and consumers, the Irving, Texas-based MCX announced May 9. Brinker is the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy.