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Payments technology provider ZooZ has developed a product that combines mobile payments with advertising.
May 15 -
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.
May 15 -
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.
May 14 -
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.
May 14 -
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.
May 14 -
Visa Europe Ltd. plans to "significantly" reduce the fees it sets for processing cross- border credit-card payments in a bid to allay European Union competition concerns, the bloc's antitrust watchdog said.
May 14 -
Earlier today Groupon POS, a mobile payment app for merchants using iPads as point of sale systems, was released on iTunes, but the app has since been pulled from the app store.
May 13 -
Visa is adding electronic capabilities to its Visa Offers rewards program, leveraging online and mobile technology to bring offers closer to the point of sale.
May 13 -
Roam, a Boston-based Ingenico subsidiary that sells mobile commerce technology, will partner with iPayment to sell a range of mobile payment services to merchants.
May 13 -
Typically, I don't cover or analyze so-called payments innovations that merely embrace and extend the legacy infrastructure, but a new middleware startup, CardFlight, could actually operate as a payments "air traffic controller" because its code sits directly between the consumer and the processor.
May 13 -
Simon Haslam is becoming president and CEO of Elavon at a time of extreme stress for payments processors, which face nimble competitors, new payment standards and high-profile security risks.
May 13 -
NorsePayments wants to make it harder for card thieves to perform fraudulent card-not-present transactions.
May 10 -
The $45 million prepaid card crime spree, recently revealed by law enforcement agencies, is the latest in a long string of hacks on payment processors.
May 10 -
Facebook Connect is an increasingly prevalent way for Internet users to skip registration for other websites by using their Facebook credentials instead — and to WePay, it's also a tool for fighting payment fraud.
May 10 -
Southwest Airlines, Pacific Convenience & Fuels LLC, RaceTrac and Brinker International Inc. have joined the retailer-driven effort to establish a mobile wallet for merchants and consumers, the Irving, Texas-based MCX announced May 9. Brinker is the parent company of Chili’s Grill & Bar and Maggiano’s Little Italy.
May 9 -
Anti-secrecy website WikiLeaks can again accept credit card donations after Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Europe Ltd., began processing payments after losing a court case.
May 9 -
Near Field Communication technology has many detractors, yet it continues to advance as a mobile payments instrument. Banks should thus view NFC as an opportunity to ensure they stay relevant to customers' payments, according to a new Celent report.
May 9 -
Advantage Refreshments knows its vending machines look just like those operated by rivals, so it's trying to attract repeat business with a loyalty program from payments hardware maker USA Technologies.
May 9 -
Koupah, which is providing a new point of sale card acceptance tablet, aims to offset credit card transaction fees with ads.
May 9 -
CardFlight aims to make in-person purchases easier by enabling merchants to accept swiped card payments within their own mobile apps.
May 8





