Mobile-payment companies roll out new toys for businesses

Forget ka-ching. It's all tap-tap these days. Restaurants and shop owners fed up with antiquated cash registers and expensive credit card terminals are switching to cheaper devices that plug into smartphones and tablets. ...

Chip and pin terminals shown to harvest customer info

(Phys.org) -- For all customers, merchants and restaurant owners making use of card readers for transactions, well, this is not the best of news. Experts have found a security flaw in chip and PIN terminals that allows thieves ...

Small businesses see mobile payments as chance to lower costs

Urban Bean manager Liz Abene started hunting for a new way to process card payments after the coffee shop's transaction fees skyrocketed. It was costing $60 a month, she said, just to have the credit card equipment on the ...

Virgin tycoon Branson invests in Square

Square, a start-up from a co-founder of Twitter, said Tuesday that Virgin tycoon Richard Branson has invested in the mobile payments company.

Hack turns Square into criminal tool

Hackers have shown how to turn mobile payment service Square into a convenient tool for criminals to pump cash from stolen credit card numbers.

Payment startup Square rolls out iPad sales app

(AP) -- First, mobile payment service Square made it easier for merchants to accept credit cards anytime, anywhere, with just a smart phone and a tiny, plastic credit-card reader. Now the startup led by Twitter co-founder ...

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