Technology

Mobile POS (mPOS) at retail delivers numerous benefits, including line-busting, managing showrooming, stimulating add-on sales and ordering out-of-stock items. Plus, mobile devices equip associates to run customer loyalty programs, manage inventory and change prices—all from the palm of their hand.

Balanced's new Push to Card program allows its marketplace clients to pay sellers directly onto their debit cards, enabling those sellers to instantly spend those funds.

Businesses often receive payments in a variety of ways, which can cause headaches when it comes to tracking and managing transactions, says Greg Hammermaster, president of Sage's payments division.

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.