Payments

Executives at processor Total System Services can't predict which of the many existing mobile payments technologies will dominate the payments landscape of the future, but they plan to aggressively go after the processing business that follows.

Square Inc. now lets its merchants get feedback from customers through a response window added to its digital receipts. Appropriately, the new service is called Square Feedback.

Jusp, an Italian maker of mobile payment systems, is offering its technology on Nokia's Windows-based Lumia smartphones.

If Apple isn't quite ready to enter the mobile payments field in the U.S., it might be leaning toward China as its initial proving ground.

E-commerce has led to a rapid expansion of the options and methods of executing payments.

Bima plans to use its latest funding to get more people in emerging markets to obtain insurance by making it possible to pay their insurance premiums on mobile phones.

The city of Indianapolis has seen a significant jump in parking revenue after adopting technology from Xerox, replacing antiquated meters with new ones that accept debit, credit and mobile payments.

The payment processor Vantiv has agreed to buy Mercury Payment Systems LLC for $1.65 billion to expand its services for cloud-based payments integrated into other technology, says Vantiv president and CEO Charles Drucker.

Virtual Piggy, which developed the youth payments service Oink, has added commerce solutions provider Gorilla Group is now a member of its channel partner program.

Spindle Inc. has agreed to make its will merchant approval platform available to U.S.-based clients of iConnect, a Colorado-based provider of point of sale technology.

Apple will be ready to accept Near Field Communication payments from phones in its stores, even though none of its consumer devices support NFC out of the box.

Ecopayz launched a private, online application designed for travel payments.

Square has removed its cloud-based Wallet app from the Apple iTunes and Google Play stores, apparently to make room for a new app called Square Order.

As more merchants demand mobile technology to accept payments in their stores, vendors like Total System Services must diversify their offerings.

Swedish mobile payment company iZettle has raised $55 million (€40 million) in Series C funding to expand its operations.

The car phone may be a relic of a bygone era, but more automobile and parking companies are looking for ways to put the mobile phone back in the driver's seat. And in many cases, payments are making the connection.

When more U.S. issuers and merchants start using EMV-chip cards to improve security at the point of sale, fraud will likely surge online.

The explosion of startups developing payment tools hasn't ceased, and simple consumer mobile wallets are starting to make way for products suitable for large corporations.

PITTSBURGH — Hill District FCU is using gift cards and a local public health study to better ingratiate itself into the local community.

Host Card Emulation, which enables Near Field Communication payments without accessing a smartphone's secure element, has major supporters like Google, Visa and MasterCard. But some are expressing concern over the technology's approach to security.