POS and Retail

At the Apple Store, people don't pay the same way they do everywhere else. They swipe cards on mobile devices and accept emailed receipts instead of printed ones. Now that Google is reportedly kicking the tires on a retail store concept, maybe it can do the same, putting Google Wallet in the spotlight.

PayPal Inc. plans to launch a chip-and-PIN version of its mobile card reader, called PayPal Here, in the UK this summer.

Square's sales pitch has largely been based on the ease of plucking its mobile card reader of a retail store's shelf and suddenly being able to accept swiped card payments. But for some merchants, it hasn't been so easy.

VeriFone Systems Inc. shares tumbled as much as 35 percent after the maker of credit-card terminals forecast second-quarter profit that missed analysts’ estimates, amid weak economic conditions in Europe.

Square Inc. is introducing hardware designed to work with its mobile-payment software, seeking to replace cash registers by companies including NCR Corp. and stepping up competition with eBay Inc. and Intuit Inc.

Many merchant payment systems lack the technology needed to safely store card data, resulting in 70% of merchants not meeting data security requirements, a new report says.

Card issuers are increasingly using social networks, coupons and rewards to boost mobile payments, but it’s a plan that can backfire if the initiatives get the wrong mix of marketing, demographics and delivery channels.

For the processor Total System Services, buying the prepaid card marketer NetSpend is transformational. For NetSpend it's going to be business as usual, the companies say.

The Payment Card Industry Security Standards Council has published its latest data security guidance for merchants accepting payments with smartphones or tablets.

By any measure, a 60-user rollout is small. But it gives MasterCard Inc. a MasterCard Mobile Wallet test that touches many Coles supermarkets across Australia.

St. Louis may not be the obvious launching spot for payment technology, but Radnor, Pa.-based FreedomPay bypassed the nation's most crowded cities to instead launch the Vibe mobile wallet in the Show-Me state.

The Currency Cloud says it has the answer for companies dealing with the costs of completing an international payment.

PayPal has attracted some big names to accept it at the point of sale, but it has a long way to go before its digital wallet is a part of everyday consumer life. A recent partnership with the fuel pump technology company Gilbarco Veeder-Root has the potential to change that.

Merchant service providers need to be aware that payment gateway technology is likely to provide answers to most of the questions merchants may ask when navigating the dizzying array of new payment rules and technologies.

It's not going to garner the attention that Square Inc.'s pact with Starbucks created, but Square's latest deal shows it's still eager to brew partnerships with coffee shops.

Payleven, a mobile payment venture from the Samwer brothers' Rocket Internet incubator, started selling its mobile chip-and-PIN mobile card reader last week and received hundreds of orders for the new device.

Gilbarco Veeder-Root now gives motorists the option of paying for gas at the pump using their PayPal account at its Passport terminals.

The PCI Council’s directions for Payment Card Industry Data Security Standards are expanding as mobile commerce grows and when combined with local differences in diverse markets, the new guidance statements can be a compliance challenge for issuers that operate in multiple nations. The use of “compliance-as-a-service,” or CaaS, to provide managed monitoring and compliance updates to keep up with changes is an emerging option for large card issuers.

Elavon, a subsidiary of U.S. Bancorp, has acquired Collective Point of Sale Solutions Ltd in a deal that expands Elavon’s presence and distribution network in Canada and aligns with its global growth strategy.

ERN is launching a product that attempts to meld issuer and retailer spending details to produce real-time offers at the point of sale. It faces plenty of competition in its efforts to bring granularity to marketing.