Retailers

Biometric authentication company NXT-ID will soon roll out a wallet that is designed to digitally store payment cards without a mobile phone.

As independent sales organizations (ISOs) offer new payment technology and other services to improve merchant relationships, the ISOs have to decide whether to charge a fee—a difficult decision that can differ from one merchant to another.

PayPal and the mobile technology provider QikServe are working to enable U.K. hospitality businesses to accept orders and payments through the PayPal smartphone app.

Mobile imaging is vital to Green Dot's GoBank account, which relies on the mobile device for nearly all customer interaction.

Global payments processor 2Checkout has closed on the final tranche of a $60 million investment that it will use to fuel its move into international markets.

Most financial institutions and issuers of debit and credit cards, as well as merchant branded private label payment schemes, miss three key areas of due diligence in their return on investment (ROI) analysis of card-linked offers (CLO) programs: Incremental merchant results (Performance), Consumer offer targeting (Relevancy) and Merchant offers (Content).

Being influential in the payments industry isn't just about positions or titles; it's about driving the course of business while also setting an example for others to follow in their careers and personal lives.

Discover's not worried about the increase of alternative payment companies offering hefty rewards in an attempt to cut into interchange revenue, Chairman and CEO David Nelms told investors on April 22.

Card-linked marketing is a useful but underused method to reach consumers, according to a new survey of chief marketing officers by Bank of America and The CMO Club.

Square is seeking a buyer, according to multiple reports, but the company's official statement indicates otherwise.

Rockville Centre, N.Y., is bringing back Parkeon's parking meters after a pilot last year, but is removing a feature that provides consumers with coupons to local merchants.

Payment technology provider Merchant Warehouse has agreed to market services from the hospitality mobile payments vendor TabbedOut.

SCVNGR's LevelUp is reducing its mobile wallet's transaction fee from 2% to 1.95% in its continued attempt to shave interchange costs.

The restaurant chain Buffalo Wild Wings will use the NCR Aloha Online Ordering system in its 1,000 company-owned and franchised locations in an effort to improve its takeout ordering business.

Ten years from now, members of the acquiring industry may have fond recollections of the nation's transition to mobile payments, says Brian Mooney, CEO of Bank of America Merchant Services.

An engineering student at Lund University in Sweden has created software that allows shoppers to pay for food by scanning their hands.

Mobile wallets and mobile point of sale systems have tried many tactics to win over merchants by cutting costs. Some vendors have been extremely inventive in how they push cheaper payment options.

The future belongs to mobile payments, but that future remains unclear, as many competing technologies are vying for consumers' attention.

VeriFone Systems plans to offer a new portable card terminal that can accept EMV-chip card payments and uses several wireless technologies.

First Data has introduced new services for small to medium-sized businesses that work with its Clover Station tablet-based point of sale hardware.