Technology

Square's diversification strategy has landed in coffee shops, as the company has upgraded an application that uses location-sensing technology to more closely match pre-order preparation with consumer arrival.

Pinnacle Corp. has partnered with Sionic Mobile to bring two emerging payments technology trends—beacon-aided transactions and tokenization—to thousands of Pinnacle's fuel retailers.

WePay is adding white-label risk management and other merchant services in an effort to reach digital marketplaces that are under pressure to improve user experience.

Does the following thought process sound familiar? “The faster I can install this new point of sale (POS) system for this merchant, the better.” With POS systems, faster isn’t always better.

The introduction of Apple Pay as a mobile wallet competitor illustrates that the payments landscape calls for partnerships and collaboration, rather than a “winner take all” mentality.

Square has launched a feature called "Nearby Payments" to Square Cash for iOS 8, allowing users to send money through Bluetooth Low Energy (BLE).

Chase is working with Apple to vet potential developers and merchants after more than 500 people attended and responded to Chase's two live webinars about its three Apple Pay developer labs in Columbus, Ohio, Tampa, Fla., and San Francisco, Calif.

Mobile payment provider Powa is partnering with DataCap Systems to shorten the time it takes merchants to deploy mobile point of sale applications, a move the companies hope will provide differentiation in a crowded marketplace.

Providers of rapidly changing payments products such as prepaid cards, automated payments and dispute resolution are continuing to turn to independent sales organizations to reach targeted merchants.

Mobile payment company Boku has acquired German-based mopay, adding considerable carrier billing volume and clients at a time when Boku and other payment companies face increasing competitive threats from new players.