Payment processing

SumUp, a London-based company that allows merchants to accept card payments on their smartphones, will enable iPad acceptance through a partnership with Revel Systems.

Vindicia, a subscription billing service, is teaming with U.K.-based processor SmartDebit to provide "customer-not-present" payment technology.

Payvia Inc.'s newest clients — Skype, OnCam and Bright — demonstrate a growing appetite for charging payments to consumers' phone bills.

People — and payment companies — are starting to take Bitcoin seriously.The decentralized virtual currency is overcoming its stigma as a fringe currency for illegal transactions and is stirring up consumer scrutiny of the practices of large payment providers. The payments industry is changing rapidly, but today the movement isn't about payments — it's about data.

WorldPay, which provides electronic payment processing, has contracted to bring the NFC and EMV capabilities of VeriFone's countertop payment products to merchants.

Total Systems Services Inc. on April 25 debuted two services designed to make multi-currency shopping and payments easier for users to understand and execute.

GoPago Inc., a San Francisco-based mobile payment provider last week hired Steve Elefant as its chief strategy officer. Elefant, a senior strategic consultant at Google Inc. for the past year, served as Heartland Payment Systems’ chief information officer until 2011.

Chirpify, which lets people initiate payments over social media, has secured another $2 million in funding and now counts rappers Lil Wayne and Snoop Dogg as clients.

Iceland's Supreme Court ordered Valitor hf, the Icelandic partner of MasterCard Inc. and Visa Inc., to process card payments for anti-secrecy website WikiLeaks within 15 days or face daily penalties.

Avant-Garde Marketing Solutions (AGMS), a merchant service provider, will sell and deploy a number of Ingenico’s new countertop terminals, including those that handle EMV-chip card payments.

A consumer watchdog group in Canada is speaking out in support of the major card brands in response to an argument brought by the country's Competition Bureau on behalf of retailers.

ZooZ, an Israel-based mobile payment company, has secured $2 million in a Series A financing round from supporters XSeed Capital, Lool Ventures and Rhodium. The company's funding now stands at $3.5 million.

Total System Services Inc. is adopting a new infrastructure for card issuing, updating its existing "black box" to allow issuers to more quickly launch new products and services and provide a single view of consumers across multiple relationships.

Mobile point of sale systems could expand card acceptance by adding as much as 19 million merchants, resulting in a potential $1.1 trillion uptick in annual card payments, Javelin Strategy and Research says in a new report.

Braintree Inc., a small mobile payment vendor founded in 2007, has attracted employees and board members from some of the biggest technology companies. Its recruits say the young company promises a more dynamic environment than the industry giants can provide.

Roam Data Inc. has updated its mobile app to allow merchants to operate a complete point of sale system from smartphones or tablets.

Executives at Discover Financial Services sought to temper investor expectations of quick results from its partnership with PayPal, instead emphasizing the long-term benefits of the alliance, as well as other ongoing initiatives.

The terminal maker VeriFone Systems Inc. has signed a two-year contract with China Payment and Remittance Service to provide managed services for up to 100,000 of the company's point of sale devices.

Corporate payments services provider Wex will now offer its travel booking and payment automation service to businesses in Brazil.