Technology

Petrosoft, a business software provider, is offering quick service retailers and their customers new products to streamline the point of sale experience.

MasterCard's recent commitment to its U.S. EMV-chip card migration timeline is only one piece of the puzzle. Now, all eyes are on Visa to see if it will support or counter its rival's move.

Target Corp., the second-largest U.S. discount retailer, cut its U.S. unit’s fourth-quarter forecast and said the recent security breach affected more people and more information than previously thought was taken.

Telefonica O2 UK Ltd. is shutting down the Near Field Communication-based mobile wallet it launched for consumers in the U.K. nearly three years ago.

PulseWallet, a biometrics payments provider, is again touting its payment and authentication device, but it must overcome a sudden emergence of competitors that is also trying to breathe life into an idea that has had spotty success in the market.

Stripe is the latest payments provider to integrate its technology with Ecwid, a developer of e-commerce tools to add turnkey online stores to websites, blogs and social media pages.

JPMorgan Chase is seeking a buyer for its corporate payroll, tax refund and health-savings prepaid card business.

SCVNGR's LevelUp expected merchants would prefer its Interchange Zero pricing for mobile payments, but many clients told the company they would prefer to pay a 2% transaction fee.

Western Union Co. and Atlanta-based SunTrust Bank have launched a global money transfer and bill payment service that will also allow customers to send money to load prepaid cards and pay bills at more than 1,500 bank agent location in the southeastern U.S.

American Express Co. said it's appealing a federal judge's order approving Visa Inc. and MasterCard Inc.'s $5.7 billion settlement that ended years of litigation with U.S. merchants over allegations that credit-card swipe fees are improperly fixed.