Economy

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.

Layering security means using more than one technology to detect or foil data theft, but it also includes using sound business practices to stop criminals short.

As many as 65% of the consumers testing the Isis Mobile Wallet are revisiting merchants or using mobile offers, an Isis executive says.

ISO & Agent caught up with five of the industry’s leading attorneys to find out where they fit into the processing realm.

The Payment Card Industry data security standards are fine but don't guard against identity theft, a speaker says.

Sandra Young decided to dedicate herself to convincing gas stations to accept card payments at the pump. Now, she owns Petroleum Processing Solutions.

Acquirers may have trouble coping with merchant surcharging, a speaker said Wednesday at the Northeast Acquirers conference.

ISOs can benefit by alerting merchants to the progress Discover is making, a speaker said Wednesday at the Northeast Acquirers Association annual conference.

Technology is moving so quickly that independent sales organizations are finding it difficult to remain relevant.

MOUNT SNOW, Vt. -- Technology is moving so quickly that ISOs are finding it difficult to remain relevant, a speaker warned attendees today at the Northeast Acquirers Association annual conference.