Acquirers

Amazon.com Inc.'s new "Login and Pay with Amazon" is designed to let merchants accept payments from online shoppers without requiring them to create a dedicated account.

Nearly a year after making its mobile card reader available in Canada, Square Inc. has decided to locate a permanent office in the country.

The mobile payments market is overrun with companies offering clip-on card readers in a variety of shapes and sizes. Tantrum Street is betting that it can offer the same service without any add-on hardware at all.

PayPal’s parent company eBay has entered into an agreement to buy online payment processor Braintree for $800 million in cash, a deal that’s expected to close in the fourth quarter pending regulatory approvals.

Square Inc. sent a notice to customers today warning that updating their iPhones and iPads to the latest version of the iOS operating system could prevent Square’s card reader from working properly.

Merchants that use Square will be able to use it with Intuit's QuickBooks accounting software, as Intuit adds support for the mobile card reader in the newest version of its program, according to multiple reports.

Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.

The digital payments initiative clearXchange is run by three banks that make up more than 50% of the online banking market in the U.S., but it still has a lot of work cut out for it.

A Web-based platform for businesses and individuals to send and receive electronic checks is being pitched as an alternative to typical online bank account transfers.

MoneyGram is further expanding its funds transfer services internationally by partnering with DenizBank, a Turkish private bank.

California’s legislature has voted to reform a money-transmission law that has come under fire for stymying payments innovation.

MasterCard processing subsidiary DataCash will integrate with TV App Agency’s TV App Engine to enable electronics makers and app developers to accept payments through specially equipped televisions.

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

Singular Payments' software will allow Kindable to add electronic payment acceptance as part of its offerings for non-profit organizations.

Twitter Inc. hired Nathan Hubbard, the former president of Ticketmaster, as its first head of commerce, part of a push to enable shopping via short postings on its social website.

Virtual Piggy and American Express are trying to win the attention of gamers by offering them prizes in their favorite online games — but players only get the prizes if they change the way they pay.

PayPal's building its move into physical stores brick by brick, and its processing partnership with TSYS is one of its largest moves to date, threatening to grab payments business away from card-issuing banks.

Convenience for the receiver will ultimately drive mass adoption of P2P payments and give financial institutions that deploy this service a competitive advantage.