Technology

PayPal and the mobile technology provider QikServe are working to enable U.K. hospitality businesses to accept orders and payments through the PayPal smartphone app.

Online video game developer and publisher InnoGames has chosen payment processor Worldpay to manage its local and international transactions.

Mobile imaging is vital to Green Dot's GoBank account, which relies on the mobile device for nearly all customer interaction.

Global payments processor 2Checkout has closed on the final tranche of a $60 million investment that it will use to fuel its move into international markets.

Apple CEO Tim Cook detailed in an April 23 earnings call what many have believed will be the foundation for Apple's entry into payments: a strong iTunes customer base.

Russian President Vladimir Putin said Visa Inc. and MasterCard Inc. will lose market share in Russia after they blocked some transactions because of U.S. sanctions on individuals and banks.

As state regulators take more interest in Bitcoin, third-party vendors are looking to apply the expertise they built in other markets to digital currency. One such vendor, Strevus, has a background in securitization, which is another volatile and risky market.

Most financial institutions and issuers of debit and credit cards, as well as merchant branded private label payment schemes, miss three key areas of due diligence in their return on investment (ROI) analysis of card-linked offers (CLO) programs: Incremental merchant results (Performance), Consumer offer targeting (Relevancy) and Merchant offers (Content).

Fueled by a new round of funding, Tradeshift plans to keep changing the way businesses make and receive payments through an open, cloud-based platform that connects a half million companies.

Quick Fuel, a provider of fueling solutions for commercial fleets and other U.S. businesses, has partnered with payments processor Comdata in an attempt to speed fueling and boost security.