Acquirers

In 2014 retailers will focus on reshaping their businesses on products such as merchant-led mobile wallets, which help them engage with consumers throughout the shopping experience.

A professor is suing the payments company Square over charges that he was shut out of the startup he says he helped create.

Payline Data wants to add smaller businesses to its roster of merchant services clients, and figures "no swipe" mobile payments is good way to get in the door.

Amazon.com is developing a person-to-person payments system that would compete against the likes of PayPal, according to a job listing on the e-commerce company's website.

Finnish bank OP-Pohjola has introduced a mobile point of sale system designed to help consumers take advantage of local tax breaks.

Swedish mobile point of sale company iZettle has launched a software development kit (SDK) to allow other companies to leverage iZettle's technology to build payments services.

Youth payments company Oink has partnered with processor WorldPay in an attempt to broaden its merchant base.

Ingenico's Roam has added staff management functions to its mobile point of sale technology as the company pursues a broader range of businesses.

Receipts, typically a scrap of paper many shoppers throw away, can be easily reimagined as a tool to improve customer engagement, says Jack Dorsey, CEO of Square.

The biggest takeaway from a roundtable discussion PayPal hosted at its New York offices this week: Size matters.

Microsoft has made a series of recent partnerships with payments companies such as AnywhereCommerce, Vantiv and FreedomPay.

Square Inc., the payments startup co-founded by Twitter Inc. Chairman Jack Dorsey, has authorized a tender offer of 1 million shares at $135.28 each, valuing the closely held company at $5 billion, people with knowledge of the matter said.

Toshiba's new entry into the crowded retail mobile payments market is a tablet that can quickly morph back and forth between mobile and more conventional payment methods.

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.

The new Square iPhone case, designed with accessory developer Griffin Technology, kicks off a program that encourages the development of accessories for Square payments hardware.

Total Merchant Services says it will expand its tablet-based point of sale and cloud-based offerings after acquiring Registroid LLC and its products.

Taiwan's Financial Supervisory Commission is barring Bitcoin ATMs because the country's regulatory body views Bitcoin as a false currency that should not be used by people or banks for payments.

Mobile payments company I Love Velvet plans to win the business of international merchants by combining its mobile point of sale offering with broader e-commerce and security compliance tools.

E-commerce technology provider Shopify has launched a redesigned version of its iOS mobile app, adding features designed to enable store management and mobile payments.

Synqera treats its home turf of Russia as a proving ground for new point of sale technology, but it has global ambitions.