Economy

EBay Inc. said PayPal will be available in 2 million retail stores this year as it takes on Square Inc. and Intuit Inc. in the market for mobile payments.

The tech company's new services represent a virtual slap in the face for the likes of banks and PayPal. If added to Google Glass, they potentially represent a knockout punch.

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

ScanPay's card-scanning technology, which allows consumers to enter their card credentials by scanning the card with a phone's camera, was designed to reduce cart abandonment at mobile shopping sites.

Google and Square have entered the notoriously challenging person-to-person payment field, sidestepping one of the major hurdles other companies have faced: signing up new users.

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

Following the devastating tornado that struck Moore, Okla., organizations involved in the rescue and recovery efforts are relying on mobile payments technology to accept text message-based donations from the public.

Surround 360, a package of services for iPads from ShopKeep POS, protects ISOs from competitors out to “steal” merchants.

Many merchants are still wary about accepting bitcoins, but new vendor partnerships and a maturation of the companies that handle bitcoin exchanges address some of the virtual currency's riskier aspects.

A person-to-person payment method called Square Cash has surfaced on Square's website, less than a week after Google announced similar capabilities through Gmail and Google Wallet accounts.

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.

Harbortouch is offering a $10,000 prize this summer to the retailer who submits the best video on how the winnings would advance his or her business.

MasterCard is part of a joint venture that will launch the Zuum mobile payments service this month. The venture is touting Zuum as the first service of its kind in Brazil.

Capital One is employing a technology called responsive design that changes the appearance of its website for desktop, smartphone and tablet devices.

Payvia, which provides direct-carrier billing technology, has acquired Mogreet, a provider of cloud-based mobile messaging.

Crypto Street, a startup that’s building a platform for trading digital currencies like Bitcoin, is making a point of forging relationships with multiple banks after similar businesses suddenly lost their bank accounts and folded or scaled back.