Technology

Visa is working to approve more mobile point of sale hardware, including products from iZettle, SumUp and Swiff.

Merchant Warehouse will make its Genius payments and marketing platform available to Retail Pro International LLC customers in what amounts to "future-proofing and a lot more" for the merchant payment terminals, says CEO Henry Helgeson.

With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.

Fortumo Ltd. has secured a partnership with handset manufacturer ZTE Joygor to provide in-app purchasing and billing software on ZTE handsets.

President Obama's moves to rein in patent litigation should ease the squabbling over intellectual property that's hampered innovation in payments and should also reduce banks' legal costs.

Discover Financial Services said earnings per share will be reduced this quarter after it had to acquire some businesses in Europe and regulators revoked the license of a Slovenian franchise.

A group of small businesses filed a lawsuit challenging New York's law prohibiting merchants from imposing surcharges to make up for the fees they must remit when customers pay with a credit card.

As EMV-chip cards spread, with most U.S. merchants expected to accept the card by October 2015, there is still a major hurdle to overcome as consumers either resist the change or remain oblivious to it.

Card-linked offers, a concept commonly seen as a lure to attract consumers to use mobile wallets, is growing in popularity with plain old plastic.

Zipmark, a company that allows businesses to send and receive digital checks, is working with the processor Vantiv Inc., potentially bringing more than 400,000 merchant relationships to Zipmark's money transfer platform.