Retailers

Target Corp., one of the biggest retailers in the country, has joined groups that include the National Association of Convenience Stores in opposing the proposed $7.25 billion settlement of a lawsuit brought by a group of retailers against Visa and MasterCard and a dozen large banks.

CHICAGO — A small "sound off" session here Thursday at a trade show could signal the beginning of better communication between acquirers and the rest of the payment industry.

Security and compliance are still daunting issues for merchants. Phoenix Managed Networks hopes to ease this pain by offering its network security product to "hundreds of thousands" of merchants through a new partnership with Sysnet Global Solutions.

Developing a mobile wallet for consumers is one thing. Getting those consumers interested and educated about how the wallet works and why they should use phones for payments is an entirely different matter.

Recurring revenue and a recent spate of publicity are luring potential buyers into the acquiring industry's merger-and-acquisition market.

The days of the add-on mobile card reader may be numbered, as recent developments around software-based approaches gain strong momentum.

PayPal's decision to buy its mobile-pay tech partner Card.io sheds light on how the smaller company's technology is shaping the world of mobile payments.

Though it's the world's longest undefended border, the boundary between the United States and Canada can seem formidable to American independent sales organizations.

PayPal announced July 17 that it has acquired financial technology start-up Card.io.

In less than six months, MoBank Group has sparked plenty of interest among United Kingdom online retail merchants as they upgrade their websites for mobile commerce.

A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets people use retailers' gift cards to buy goods and services from other merchants.

Neiman Marcus Inc.'s exclusive credit card acceptance policies are no more.

Visa and MasterCard, in a drive to tip the scales in favor of card issuers over merchants, have established policies over the years that have led to tens of billions in costs and losses through litigation settlements and legislation.

SCVNGR's LevelUp mobile payment system added Larkburger, chef Thomas Salamunovich's burger chain, to its merchant lineup.

In recently announcing plans to bring his mobile payment card reader and software into the U.S. market from the United Kingdom, mPowa CEO Dan Wagner was fairly certain the launch would make competitors such as Square Inc. and Intuit Inc. take notice.

An independent sales organization and a health care lender are helping patients pay their physician and dentist bills.

Merchants and card issuers weighing the cost of investing in Near Field Communication technology have a lot riding on the success or failure of the Isis mobile-payments test set to launch soon.

A lower reduction in the allowance for loan losses compared with the same period last year helped to drive down the second-quarter profit for the Card Services and Auto (Card) unit at JPMorgan Chase & Co., the issuer reported July 13.

Globalgroup Investment Holdings has signed an agreement to integrate mFunds Global Payment Solutions’ PayVault payment service into its America's LayawayMalls online merchandise layaway program, the proprietary technology provider for payment and collection services announced July 12.

Commuters on New York’s busy Metro-North Railroad won’t have to wait in line to buy train tickets if a mobile-ticketing test taking place this summer proves to be successful for the conductors who check thousands of tickets a day.