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British online payments company Optimal Payments has acquired Canadian mobile platform developer FANS Entertainment for about $13 million.
May 28 -
The use of e-commerce payments technology as a portal to other business services is advancing rapidly, requiring point of sale companies to constantly add new tools that merchants and developers can use to add muscle to transaction venues.
May 28 -
U.S. acquirers are looking to expand their business in emerging markets, where small merchants are starting to enter the commercial framework.
May 27 -
PayPal's plan to expand its OneTouch instant checkout service has shifted into high gear via an update that will support all merchants using the e-commerce platform Bigcommerce.
May 21 -
A year after initialing establishing a presence in Australia with its mobile card reader, Square Inc. says it will open its fourth "global hub" in Melbourne to expand uptake of its Register tablet-based point of sale system.
May 21 -
Mobile wallets and digital currencies are providing an increasingly viable alternative to traditional card payments, prompting Visa Inc. to present a new value proposition to merchants.
May 21 -
WePay has pushed its tools for international e-commerce payments primarily to U.S.-based companies, and the vendor is now looking to extend its reach abroad through a fresh infusion of funds.
May 20 -
American Express estimates that about 750,000 merchants do business in Canada, and the card brand is relying on its successful OptBlue program to attract as many of them as possible.
May 20 -
Alternative payment systems like Visa Checkout promise to reduce cart abandonment compared to the more drawn-out process of typing in credit card and shipping information. According to recent figures from Visa Inc., Visa Checkout is delivering on that promise.
May 19 -
If Verifone wants to benefit from the major card brands' efforts to operate in China, it must confront a virtual army of independent sales organizations already selling low-cost payment terminals.
May 19 -
Payments startup iZettle AB, a Swedish rival to Jack Dorsey's Square Inc., will start selling a credit-card reader that lets shoppers pay by tapping the device with a smartphone or bank card.
May 19 -
E-commerce is just a sliver of the Polish payments market, but that's likely to change quickly, and Raiffeisen Polbank is partnering with EVO Payments International to form a new company to compete for merchant clients as development cycles shorten.
May 19 -
Google's reported efforts to launch a buy button within mobile search resultsand only mobile search resultsis the latest sign that traditional e-commerce processes may not survive the transition to mobile devices.
May 18 -
While U.S. banks and clearing houses contemplate how to convert the country's payments system into near real-time, Taulia has made strides by offering a dynamic discounting option to encourage clients to use its technology for B2B payments.
May 18 -
Southern Refreshments is updating its fleet of Georgia vending machines to include cashless options and mobile Near Field Communication (NFC) readers, a move that it hopes can boost spending.
May 15 -
Julie Sizer has been named chief bank operations officer at First Citizens Bank in Raleigh, N.C.
May 14 -
The Payment Card Industry security standards council's PCI 3.0 revision, revealed in January, adds requirements that take effect at the end of June, putting unprepared merchants at risk of fines if they suffer a breach.
May 14 -
Walgreens' vision for creating a patient-centered pharmacy combines mobile health care, digital health technologies and its Balance Rewards prepaid and loyalty system.
May 14 -
While Apple's taking an early incremental approach to Las Vegas, terminal manufacturer Ingenico is very bullish on the technology picking up steam with the gaming industry and its patrons.
May 14 -
"Big data" has been all the rage in the payments industry in recent years. While the hype seems to have subsided a bit, that might be because the most dedicated data-using merchants have put their heads down to focus on sifting through the data to investigate fraud.
May 13




