Retailers

Mobile technology builder C-Sam has created a version of its mobile app development platform that's preconfigured with MasterPass specifications for financial institutions and processors to more easily build custom versions of MasterCard's digital wallet.

Google Wallet has undergone several major revisions since it launched and while the issues solved with its latest iteration were among its biggest hurdles, it's still too soon to declare a winner in the mobile wallet race.

If retail stores seemed a little less crowded over the holiday weekend, tablets or smartphones are likely to blame, as the volume of e-commerce payments made via mobile devices surged during what some are now calling the "Cyber Five" shopping days — from Thanksgiving Day through Cyber Monday.

The PayPal Digital Gifts website is a new e-commerce hub that sells virtual gift cards that can only be purchased using the eBay subsidiary's digital wallet.

While nearly two thirds, or 61%, of U.S. online consumers have heard of a digital wallet, only 11% actually use one, an indicator that wallet providers still face challenges reaching consumers, according to Forrester Research.

With a new CEO and an infusion of private equity funding, Cynergy Data plans to grow both organically and through acquisitions.

Fraud schemes that rely on social engineering and other attacks to steal sensitive information are especially dangerous this time of year, when the hustle and bustle of the holiday season may lead consumers to let their guard down and skimp on security.

McDonald’s has more than 34,000 locations in nearly 120 countries, making it an ideal testing ground for payments innovation. As such, many payments providers try get on its menu.

MasterCard Inc. and PayPal have positioned themselves as companies with “the best current opportunities in the payment space,” according to Morningstar Financial Services.

When Isis launched its mobile wallet nationwide in November, it also launched a new interface. PaymentsSource journalists give their first impressions of the new payments method.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Mobile point of sale terminals are projected to reach 46% market penetration by 2017, up from the 17% share of the point of sale terminal market that mobile systems held in 2012, according to a whitepaper by Mobey Forum.

The number of credit cards issued by banks and retailers hit five-year highs between January and August, according to the latest Equifax National Consumer Credit Trends Report.

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.

The wireless carriers' Isis mobile wallet venture is launching a new program to build merchant support for its technology.

PayPal and MyCheck are going to New York's theater district to set the stage for mobile payments. The companies are targeting restaurants with MyCheck’s pay-at-the-table technology.

European point of sale technology provider Spire will be the sole supplier of mobile chip and PIN payment devices for Smart TPE, Credit Agricole's mobile point of sale initiative in France.

Square has updated the design of its Square Register app in an attempt to improve user navigation and provide a consistent experience across different operating systems such as Google's Android and Apple's iOS 7.

Nomad 2.0, a second-generation mobile EMV chip-and-PIN card reader from AnywhereCommerce, is designed to be a smaller and less expensive version of its 18-month-old predecessor.