Square Inc. is active in the U.S., Canada and Japan — and a recent post to its Twitter account indicates its next move is imminent.

VeriFone is testing a mobile point of sale system built on the Windows 8 Pro operating system for use on tablets that integrate with retailers' existing systems.

Banks may believe they can provide the best mobile wallet experience — but most have done very little to create their own product.

Square has completed a major overhaul of the cloud-based Square Wallet, which allows consumers to make purchases from a linked payment card by "checking in" at a Square merchant. Here are some of the key differences in the new Wallet app.

Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.

Mobile payments company, Boku Inc. and PlayJam, which provides a platform for games on televisions, are working together to allow consumers to make purchases on smart TVs.

Though Apple doesn't have a dedicated mobile wallet, its plans for mobile payments are at least as old as the iPhone itself. Here is a rundown of the many ideas Apple has explored in its mobile payment patents.

Bell ID plans to offer software that will improve the appeal of Near Field Communication technology as a contactless payments option and quell debates over who should control the secure element in a phone handset.

Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.

Mobile payments worldwide will grow significantly in transaction volume and value in 2013, but Near Field Communication payments won't be part of that momentum in North America, according to new Gartner research.

July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences — with a hint of social media and a dash of mobile commerce.

Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.

Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the past—consumers see actual images of cards and coupons when looking at the screen

I-Free is offering a number of contactless payment services in Russia, including a mobile wallet that allows the remote issuance and download of mobile MasterCard PayPass cards, transportation fare services and geolocation-based coupons.

Slyce pictures a day when consumers will be able to buy anything depicted in a TV or printed advertisement — or even a product seen in person — by snapping a photo of it with their mobile device.

Mobile payments provider Fortumo Ltd. landed a major European carrier-billing deal last week, less than a month after revealing a significant partnership with Microsoft for mobile payment development on Windows phones.

IP Commerce Inc., a startup backed by Venrock Inc. and Intel Corp.'s venture-capital arm, is shutting its key business, which handles credit-card processing for companies including Groupon Inc., citing competition.

Phillips 66 has joined the retailer-driven Merchant Customer Exchange mobile payments and commerce initiative, the Houston-based gas station chain announced May 23. Phillips 66 also operates Conoco stations. The company joins MCX only two weeks after the mobile payment venture added another petroleum provider, Pacific Convenience & Fuels LLC.

Blaze Mobile is developing a new Near Field Communication mobile phone attachment that attempts to build a more open mobile wallet by allowing consumers to choose from a series of payment accounts.

ZooZ is one several companies building new technology that attempts to improve the integration between marketing and mobile payments.