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Many merchants still don't take credit or debit cards, usually because of the cost. Two-year-old Plastiq aims to help these holdouts by shifting the cost of card acceptance to the consumer.
March 4 -
Merchant-funded rewards provider fisoc hopes the communal element of Facebook mixed with special card offers can drive repeat payments volume for small merchants focused on their local communities.
March 1 -
Bitcoinstore, an online seller of computers, monitors, cameras and other electronics, opened for business recently with the promise of undercutting competitors who accept only conventional payments.
February 28 -
Small businesses are often the toughest sell for payments automation, and WePay is attempting to boost its penetration into this market by offering a new native app for iOS that enables remote invoicing and credit-card charging.
February 28 -
Affirm, the new mobile payments company that counts PayPal co-founder Max Levchin among its own founders, is already drawing buzz—and some head-scratching over certain aspects of its business model.
February 27 -
Merchant Warehouse announced it is adding a former VeriFone executive, Greg Cohen, as chief revenue and strategy officer.
February 27 -
Consumers are notoriously reluctant to choose new payment habits. This week, LevelUp and 20 retailers forced the issue by taking away their choice. The "credit card diet," which took place Feb. 26, involved 20 retailers in Boston and Washington D.C. They all refused credit cards for one day.
February 27 -
JPMorgan Chase & Co. has positioned its merchant processing unit to provide far more services to merchant clients through its 10-year partnership with Visa Inc., a deal which potentially shifts more power to the issuer.
February 26 -
Independent ATM deployers worry about further reductions in interchange income, network mandates over accepting EMV cards and the possibility of another surge in lawsuits against them this time over failing to comply with the Americans with Disabilities Act, according to a recent survey.
February 26 -
JPMorgan Chase plans to launch Chase Merchant Services, a payments partnership with Visa, this year.
February 26


