Retailers

Retailers beware: Starbucks is changing consumers' expectations in mobile payments yet again.

The convenience store chain 7-Eleven will let consumers pay bills at its stores through an app from PayNearMe.

The U.S. restaurant industry is still challenged to fit EMV-chip card payments into an ordering and payment structure built around cash and magstripe cards. The vendor MyCheck sees this uncertainty as an opportunity to win restaurants over to its mobile payment system.

In a new book, PayPal founder and former exec Elon Musk argues that big thinking is missing from PayPal and payment startups. Put another way, NFC and QR codes won't repair the global economy. The problem is Musk’s big picture approach is it would challenge interoperability and ultimately stagnate the very industry he’s trying to save.

Buy buttons are shaping up to be the next battleground in tech-driven retail, and retailers are gearing up to take the field on social media sites like Twitter, Pinterest and others. But the new payments technology presents challenges that retailers must consider.

It wasn't long ago that mobile point of sale companies like Shopkeep were the alternative, the way for very small merchants to finally start accepting cards.

EMV is being touted as the dawn of a new era in credit card fraud prevention. However, there are doubts it will make a significant difference.

Major payment processors are lining up in support of Android Pay, which Google began rolling out in the U.S. last week.

It's no secret that restaurants are going to be slow to adopt EMV relative to other retail categories, but in the past two months more dining establishments have begun to focus on the business-side issues and changes to customer interaction brought on by chip cards.

The two-sided retail payment network ecosystem is undergoing a tectonic shift. Distinctions between e-commerce, mobile commerce and payments at the physical point of sale are starting to blur, and a range of digital wallet platforms are changing the way that customers make purchases and payments. It may therefore be time for interchange 2.0.

PayPal's previous efforts to come to the physical point of sale about three years ago never managed to topple the entrenched payment methods. Now the company is taking another stab at it, securing an arrangement with Macy's Inc.

The majority of merchants we talk to have little to no knowledge of what EMV is or why it is becoming mandatory for all businesses.

As the Merchant Customer Exchange's CurrentC mobile wallet goes to trial in Columbus, Ohio—along with a limited test in Target stores nationally—the industry gets it first peek at the venture's priorities.

Amazon Dash Button is all about the data, not just the repeat purchase.

When you think of gift cards, do you still only envision the credit card-sized plastic payments tools given as presents? Like most other tools in the payments industry, gift cards have evolved far beyond their original forms.

Apple's latest iPhone could change the way people pay with a smartphone. Its updates improve Apple Pay and bring new tools to developers and merchants.

Five years ago, Congress decided to take action on the bloated, price-fixed fees that banks charge merchants every time a customer makes a purchase with a debit card. It ordered the Federal Reserve to bring competition to the market by lowering fees to a reasonable sum.

American Express Co. customers soon will be able to charge purchases at Sam’s Club, months before their cards stop working at larger warehouse retailer Costco Wholesale Corp.

Square Inc., the mobile-payments company founded and led by Twitter Inc. interim Chief Executive Officer Jack Dorsey, plans to hold its initial public offering in the fourth quarter of this year, people with knowledge of the matter said.

Discover was one of the most notable holdouts when Apple Pay first launched in Oct. 2014, but it now plans to launch Apple Pay compatibility Sept. 16.