David Heun

Visa and PayPal have been at war for as long as PayPal has existed, and their recent cease-fire could allow both companies to overcome the barriers they have spent years building between the worlds of digital and in-store payments.

Visa and PayPal have been at war for as long as PayPal has existed, and their recent cease fire could allow both companies to overcome the barriers they have spent years building between the worlds of digital and in-store payments.

It is no secret to e-commerce merchants that Amazon, one of the giants in its field, has succeeded in part because it can make fast decisions about whether a transaction is legit or has fraud written all over it. And these decisions have to look at more than just whether a shopper is using a stolen card.

Verifone Inc. still faces challenges in certain aspects of its business, but the terminal manufacturer is learning with experience how to fit into the fast-changing world of omnichannel technology.

Even though Olympics sponsor Visa may have the biggest mobile payments presence at the 2016 Rio Olympic Games in Brazil in two weeks, Samsung Electronics plans to attend the games as well by launching its mobile wallet in the country at a time when hundreds of thousands of visitors are expected.

Companies have struggled for years to find a simple way to get consumers to set up a payment account without derailing the checkout process. One company is taking a step back and asking: Why delay a sale by demanding money?

Google will provide McDonald's customers in San Jose, Calif., this weekend with free burgers as a promotion for its Hands Free payment app at any of 47 participating restaurants.

Cyber risk analytics provider Bay Dynamics has completed a $23 million Series B financing round through Carrick Capital Partners.

As financial institutions dive into the newest channels to reach consumers and accept payments in every moment of their lives, they enter riskier scenarios that create a greater need for multi-factor authentication.

Starbucks Corp. is taking its highly success mobile payment app into China, a country in which consumers have quickly adopted mobile payment methods.