Merchant

Flash Valet, which uses mobile technology to facilitate payments for valet service providers, is creating a companion mobile app for consumers.

VeriFone has made several attempts to become a major player in mobile payments. A few months after altering its strategy with its second mobile card reader, the terminal maker says it is still learning.

Square has hired retail, consumer product and payments veteran Alex Petrov to be its vice president of partnerships.

MasterCard is planning to rapidly broaden the scale and scope of its digital wallet and prepaid card offerings.

ControlScan Inc. says it has developed a way to eliminate the technology and security challenges merchants face when trying to expand into mobile or online commerce.

Heartland Payment Systems Inc.'s executive chairman and CEO, Robert Carr, leaves little doubt as to where he sees his company's mobile pay future heading — attached to the wagon of mobile-payment pioneers such as LevelUp.

Wal-Mart Stores Inc., a partner in the Merchant Customer Exchange mobile payments initiative, weighed in on two other payment technologies today: Stripe and PayPal.

First Data is having a busy week. On Sunday it announced a new CEO, who started the job Monday. And today, it had a tough earnings call where the company admitted it could do more to leverage its considerable data to expand the services it sells to clients.

Discover has signed contracts with 50 merchant acquirers to enable PayPal's in-store payment system to pass 2 million merchant locations by the end of 2013, the card brand said.

Merchants have a vastly different receptiveness and understanding of the U.S. conversion to EMV-chip payment cards, and VeriFone is taking a diverse approach to appealing to them all.