Economy

PayPal President David Marcus is leaving the eBay unit to lead Facebook's messaging products.

Square's new Order app allows consumers to order and pay at Square merchants before arriving at a merchant's store. The process for ordering is different for each merchant, based on the level of information they provide to Square.

The two most popular Bitcoin services providers, Coinbase and BitPay, are neck-and-neck in signing up merchants to accept digital currency.

The days of salespeople peddling point of sale terminals by simply pulling hardware out of a box are numbered.

Acquirers should become experts on point of sale equipment and software that helps merchants operate more efficiently, an upcoming report says.

About 25,000 people around the world are being paid in Bitcoin on a regular basis by posting content on Women's Annex, a blogging platform predominantly focused on Afghanistan, and its parent site Film Annex.

Apple is fine-tuning its mobile purchasing capabilities, adding parental controls and voice commands to digital content purchases and extending its TouchID fingerprint authentication system to third-party developers.

Apple has never built an iPhone capable of making Near Field Communication payments, but we know it has been studying the technology closely for years. With its Worldwide Developers Conference taking place this week, Apple may soon reveal what it's been working on.

Square, which built its business on the simplicity of its plug-in payment device, is piling on services that should make banks and other companies take notice.

Square has launched Square Capital, a credit program for small business, joining a growing number of companies breaking into small-business lending.

Since its formal launch, Isis has very aggressively marketed its mobile wallet. The venture of AT&T, Verizon Wireless and T-Mobile has offered numerous freebies and statement credits to anyone willing to try it out, and recent figures show that these efforts may be paying off.

Data thieves are building diversified portfolios, generating varied revenue streams based on the type of consumer credentials they can compromise through their breaches.

New software called Pegasus, like the winged horse of Greek mythology, helps ISOs control just about every aspect of their relationships with merchants.

Square has added and removed many features over its few short years as it refines its mobile-pay pitch in an effort to win more merchants. Its removal of the Square Wallet app was the latest of many revisions to the company's strategy.

Loyalty programs can be a challenge because in Brazil's anti-coupon culture. Pizza Hut is overcoming this hurdle with a combined loyalty and prepaid card.

The promise of Bitcoin is to never have to trust anyone, but one of the field's most prominent startups wants to let its users reach out and touch someone.

EMV-chip cards might not become ubiquitous in United States until 2018 because no one’s teaching merchants and consumers about the technology, according to a new report from Javelin Strategy & Research.

As more merchants demand mobile technology to accept payments in their stores, vendors like Total System Services are varying their offerings.