Economy

Apple's Passbook has no payment function of its own — it is a blank canvas for other developers to add their ideas. In this way, Apple's featureless mobile wallet is fast becoming one of the most full-featured options available today.

Online and mobile payment tech startup Stripe has expansion plans on both sides of the Atlantic, and will rely on being a "simple" play for payments startups as it faces crowded field of competitors.

Vacation property rental companies and bed-and-breakfast operators can now accept online payments at the same time they’re booking clients through cloud-based WebReserv.com

ISO&Agent sat down recently for a Q&A with Kim Fitzsimmons, Cynegy Data CEO and new president of the Electronic Transactions Association.

BitPay, which processes payments in the decentralized digital currency Bitcoin, has integrated its platform with Amazon's fulfillment service, which ships goods for merchants that store their merchandise in Amazon's warehouses.

ISOs perform a wide variety of tasks, which can stretch them a little thin when it comes to understanding the risk of data theft and fraud.

Consumers remain notoriously reluctant to form new payment habits, so LevelUp persuaded some merchants to give them a nudge last week.

So far, funeral directors are about the only merchants seriously considering telling the pubic the cost of card acceptance.

ORLANDO, Fla. -- Don’t expect to see the United States complete the transition to EMV smartcards anytime soon, a speaker said here today.

ORLANDO, Fla. -- Teaching legislators how electronic payments work could help protect the industry from unwise regulation, speakers agreed here Tuesday at the Southeast Acquirers Association annual conference.

ORLANDO, Fla. -- Eddie Myers, who just finished his term as Electronic Transactions Association president, has learned some things during his years in the payments industry and he shared a few of them here today.

Many merchants still don't take credit or debit cards, usually because of the cost. Two-year-old Plastiq aims to help these holdouts by shifting the cost of card acceptance to the consumer.

Bitcoinstore, an online seller of computers, monitors, cameras and other electronics, opened for business recently with the promise of undercutting competitors who accept only conventional payments.

Affirm, the new mobile payments company that counts PayPal co-founder Max Levchin among its own founders, is already drawing buzz—and some head-scratching over certain aspects of its business model.

Consumers are notoriously reluctant to choose new payment habits. This week, LevelUp and 20 retailers forced the issue by taking away their choice. The "credit card diet," which took place Feb. 26, involved 20 retailers in Boston and Washington D.C. They all refused credit cards for one day.

Square Inc.'s new "Business in a Box" aims to attract merchants that need a cash drawer and a receipt printer.

Don't let rivals get away with the acquiring industry's most common ripoffs.

In the future, wearable computing — such as Google's recently hyped Glass — could be a boon for programmers looking to create financial services software for banks.

PayPal is moving closer to having a presence in daily life by making a deal with a gas station pump technology company.

Small and medium-sized merchants often lack the technology to store card data safely, which is why 70% of them fail to meet data security requirements, a new report says.