Credit

Target Corp., Macy’s Inc. and other companies sued Visa Inc. and MasterCard Inc. over credit-card and debit-card fees after retailers objected to a multibillion-dollar settlement of a similar suit.

Visa's hiring of former JPMorgan Chase executive Ryan McInerney to be its new president maintains the card network's bond with the top-tier bank.

Square announced expansion into Japan with updated Register features today, after seeing two executives, Alyssa Cutright and Alex Petrov, leave the mobile payments company.

AnywhereCommerce is introducing a card reader about the size of a Zippo lighter that plugs into the audio jacks of mobile devices to accept both magnetic-stripe and chip-and-signature EMV payment cards.

Chase Paymentech Europe, a merchant acquiring and processing subsidiary of JPMorgan Chase, has introduced a new service designed to lighten the security burden for European online merchants.

ShopKeep POS designed Surround 360, its iPad point of sale software, to protect independent sales organizations from competitors out to "steal" merchant clients.

Wal-Mart Stores Inc. and Starbucks Corp. are among 19 retailers opting out of a $7.25 billion antitrust settlement with Visa Inc. and MasterCard Inc. over fees charged to merchants to process credit-card transactions.

Swipely has secured a $12 million Series B round of financing, which will fund its nationwide expansion, the payments and marketing company announced today.

Licensed gun dealers are finding it increasingly hard to accept card-not-present credit card or debit card transactions, but companies such as Tasker Payment Gateways are not gun-shy when it comes to serving the firearms industry.

NCR Corp. is integrating SCVNGR's LevelUp mobile payment system with its Aloha POS system for restaurants.

While many still see Bitcoin as an unrealistic payment method, venture capitalists say there are clear use cases for the decentralized cryptocurrency in micropayments, international remittance and charity.

Some consumers in London reportedly experienced problems with the contactless payment system U.K. retail giant Marks & Spencer recently expanded into all of its 644 stores.

The timing couldn’t be better for the new advisory board of the Payment Card Industry Security Standards Council to include several European voices.

Corporate payment company Wex has entered a partnership with travel services provider Grupo Transhotel to broaden travel payments services.

Sam Yam was the college roommate of Jack Conte, half of the indie band Pomplamoose. Together, they founded Patreon to help artists like Conte raise funds from fans online.

Payments technology provider ZooZ has developed a product that combines mobile payments with advertising.

Interchange fees often take the spotlight in discussions about card acceptance costs, but they are just one of many factors in the increasingly complex system that determines the price merchants pay for taking plastic cards.

Leaf, which offers a tablet specifically for in-store card payments, has added new features designed to ease user experience and attract third-party developers.

Square has taken its biggest shot yet at traditional payment terminal manufacturers with Square Stand, a new card reader built to house an iPad that can be used in place of a stationary point of sale terminal.

PayPal will offer free payment processing through the end of 2013 to merchants that “trade in” their cash registers and adopt mobile point of sale technologies, in a move to entice small merchants to adopt digital payments.