Retailers

Smartphone commerce company LoopPay has released LoopWallet, as well as a fob that enables users to store payment credentials.

A new red Square mobile card reader is available to merchants who want to encourage donations to the Global Fund to fight AIDS.

Mobile point of sale devices typically clip onto phones to allow the handsets to read card payments, but this approach is not the only option.

At first, Pedro Alarcon felt reluctant to help fund his restaurant by signing up for a merchant cash advance from a company that wasn't a bank. But he'd had so much difficulty getting a conventional loan that the pitch from a company called AdvanceMe sounded too good to be true.

Former Groupon product chief Jeff Holden has joined transportation services provider Uber as chief product officer, Uber announced on Feb. 14.

Square's plans to install payments technology in Whole Foods stores will not hurt the processor Vantiv, CEO Charles Drucker contends.

PNC Merchant Services has begun offering Clover Station, a tablet-based point of sale system, to restaurant owners and managers.

Daniel Lee has been accepting Bitcoin at his family's seven retail stores in Fort Greene, Brooklyn since March 2013 by having customers send the digital currency to wallet addresses he manages.

While global shipments of mobile point of sale devices reached 8.4 million units in 2013—a 53% increase over 2012—more than 1.3 million of the devices went unused during the year, according to new research from ISH Technology.

Whole Foods Market has agreed to use multiple versions of Square Inc.'s mobile payments technology.

Pizza Patron is integrating Revel Systems' mobile point of sale system into its more than 100 restaurant locations, which had been using several different vendors' products to accept payments.

Russian customs payments processor Multiservice Payment System has deployed technology to combine a Web transaction portal with electronic declaration services at the point of sale.

The ATM Industry Association named Gregory Sahrmann and Steve Gernes as co-chairs of the nonprofit trade association's U.S. board of directors.

NBS Payment Solutions in Toronto, Canada, has acquired substantially all of the assets of Equinox Payments in Scottsdale, Ariz.

Payment infrastructure systems provider Pay.On plans to combine its distribution network with that of fraud prevention specialist Kount.

In 2014 retailers will focus on reshaping their businesses on products such as merchant-led mobile wallets, which help them engage with consumers throughout the shopping experience.

Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.

Acquirers could find themselves looking a lot like marketing firms in the near future.

A professor is suing the payments company Square over charges that he was shut out of the startup he says he helped create.

Payline Data wants to add smaller businesses to its roster of merchant services clients, and figures "no swipe" mobile payments is good way to get in the door.