Technology

API Software Inc. has created a mobile app for independent sales organizations to help merchants tabulate the best payment services deals.

Zimbabwe-based banking software provider Edgetech Solutions has begun testing EdgePay, a payment system that uses sound waves to provide added security at the point of sale.

Green Dot has hired a PayPal executive to become general manager of its mobile bank account, known as GoBank.

PayPal wants small businesses to go global.

The number of U.K. credit cards with balances that are over-limit reached its lowest point in more than two years, according to data from Fair Isaac Corp. (FICO).

Powa Technologies Group is buying Hong Kong-based mobile payments processor MPayMe.

Google has made its Instant Buy API technology compatible with Apple devices.

Merchants are likely to find the final sprint to meet the U.S. EMV liability-shift deadline is a tougher task for them than it is for card issuers.

Tax compliance provider Avalara has made many connections within the payments industry to respond to merchant demand for built-in tax reporting functions at the point of sale.

Imagine that one day people from your country’s rural areas start paying with their mobiles. Would it be strange? Definitely. That would mean they are more advanced in mobile payments adoption than the majority of people living in cities, who still prefer to use plastic.