POS and Retail

Square has boosted its technology capabilities while expanding its presence in Canada through the acquisition of Toronto-based Kili Technology Corp.

Apple Pay, Google Wallet, Samsung Pay and PayPal are just a few of the solutions which financial technology commentators predict will bring about the downfall of cash and the plastic card.

The largest franchisee of the Sonic fast-food chain has rolled out Mobivity Holdings Corp.'s SmartReceipt technology at various locations with plans for additional distribution.

"I was very fortunate in that I started on the issuing side of the business and in the early ‘90s I moved over to the acquiring side. There are probably not a lot of people who grew up on both sides—merchant acquiring and card issuing."

Merchants are far from helpless bystanders as Apple and banks sort out who is responsible for stopping fraudulent cards from being enrolled in the Apple Pay mobile wallet.

ATMs in some key Las Vegas locations will allow consumers to obtain U.S. dollars with foreign payment cards through Monex Financial Services' dynamic currency conversion technology.

Japanese mobile app provider Line Corp. will use CyberSource's e-commerce payment services to expand the Line Pay mobile payment service by supporting more payment options.

Merchants' Choice Payment Solutions and Powa Technologies have teamed up to launch an integrated tablet-based point of sale system in a bid to meet demand for tablet-based payments.

Instead of treating the migration to chip as solely a matter of compliance, many smart companies are using the technological disruption caused by EMV as a catalyst for positive change.

Square hopes to broaden its reach with its core micro-merchant market by offering technology to tap the $1.6 trillion e-commerce market.

First American Payment Systems is bringing another mobile point of sale system into the crowded marketplace of companies seeking small-merchant business.

Samsung Electronics Co. rebooted its premium Galaxy smartphone line with the S6 and S6 Edge, featuring payment software that makes them compatible with about 90% of card readers.

Pamela Joseph, U.S. Bancorp's vice chair of payment services and a ten-year veteran of the Minneapolis-based bank, plans to retire in mid-2015.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down.

Boku has released a new, cross-platform carrier billing payment technology that is designed to mimic a credit card payment.

Apple Pay has begun its foray into airlines, deploying about 3,500 iPad minis that can accept mobile payments, but it is making a slow approach to the industry.

Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board.

Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.

First Data is releasing new services that stem from a strategic shift that followed the company's restructuring over the past year.

Selling offshore requires proper planning, careful selection of service providers, and a thorough understanding of each new market. But each international market represents a chance to add customers and increase revenue.