Acquiring

• Canada-based Mobeewave is making its PayMeTap mobile peer-to-peer app available to consumers across Canada. The free app had been in testing. The Android app enables consumers to accept a payment by tapping a phone with a contactless credit card.   • Payments company BillingTree Inc. launched the Payrazr Marketplace, …

• Prepaid card and mobile-banking provider Green Dot Corp. named three new independent directors to its board and non-independent director Sam Altman stepped down as the company expanded its board from eight to 10 directors, all but one of them now independent. Green Dot shareholder Harvest Capital Strategies LLC, which …

Merchant processor iPayment Inc. announced Monday it will offer a white-label version of Apriva’s AprivaPay Plus to small and mid-size merchants. Dubbed iPayment MobilePay, the mobile point-of-sale service uses AprivaPay Plus, mPOS software developed by Scottsdale, Ariz.-based Apriva. Merchants can use the service with iOS, Android, or Amazon Fire mobile …

• Prepaid card provider Green Dot Corp., under pressure from an activist investor to boost earnings, announced it would buy $50 million of its Class A common shares under an accelerated stock-repurchase plan.   • Remote deposit capture and mobile-payments technology provider Cachet Financial Solutions Inc. will continue to provide …

Funding activity for startups in the payments business continued at a hectic pace over the past six months—but the total dollars invested fell through the floor. There were 75 funding deals in the first quarter totaling $396 million, according to the latest data from CB Insights, a New York City-based …

• U.S. senators from Colorado, Washington, and Oregon, three states where recreational marijuana use is legal, asked the various federal bank and credit-union regulatory agencies to develop joint guidance for how financial institutions could serve legal cannabis businesses; marijuana use remains illegal under federal law, meaning that many marijuana merchants …

Though merchants have been permitted since 2013 to add surcharge fees to credit card transactions, it’s only in 2016 and 2017 that the practice will become the norm, ushering in a new phase of a sometimes contentious relationship between merchants, the payment card industry, and consumers. That’s the assertion of …

Of the challenges presented by the U.S. payments systems’ transition to the EMV chip card standard, one of the least reported is confusion among both consumers and merchants  caused by the sudden appearance of puzzling terminal messages. Meanwhile, new numbers indicate petroleum marketers face a daunting challenge meeting their October …

• Merchant acquirer Global Payments Inc. reported net income of $69.1 million for fiscal 2016’s third quarter ended Feb. 29, up 10.4% from $62.6 million a year earlier. Revenues came in at $679.9 million, up 2.2%. Global Payments expects to complete its acquisition of Heartland Payment Systems Inc. this month. …

•  PayPal Holdings Inc. will not follow through on plans announced two weeks ago to expand in Charlotte, N.C., and add 400 jobs because of North Carolina’s recently enacted House Bill 2, which PayPal says “perpetuates discrimination and it violates the values and principles that are at the core of …