Economy

While there is much attention on mobile payments at the point of sale, several companies are working on mobile payments for commuting, parking and other scenarios where a mobile app could replace a paper ticket or fare card. But it hasn't always been a smooth ride for these new technologies.

API Software Inc. has created a mobile app for independent sales organizations to help merchants tabulate the best payment services deals.

While banks struggle to get consumers to use Near Field Communication-enabled phones for mobile payments, the video game industry is having blockbuster success with NFC technology.

VeriFone’s second quarter revenue increases signal the company is heading in the direction CEO Paul Galant envisioned when becoming the head of the terminal maker in October 2013.

A company called Credorax aims to make cross-border e-commerce transactions easier for merchants and ISOs.

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.