David Heun

BlueSnap says its partnership with First Data Corp. will result in fewer declined transactions for e-commerce merchants, thus convincing more of them to turn to the online gateway provider to support global sales.

Square CEO Jack Dorsey told CNN that his company wants to help businesses accept all payment forms, including Apple Pay.

Modern technology has turned the payments industry into a juggling act, particularly for those charged with deploying new techniques to protect payment card data.

Less than two weeks after expanding into 15 Latin American markets, online remittance provider WorldRemit has launched its services in the U.S.

Mobile payments provider iZettle is expanding into the Netherlands with its payments application, mobile card reader and business management software.

PayStand has established flat rates for online payments through electronic checks, saying its new format will allow non-profit organizations and service businesses to avoid credit card fees.

VendorSafe Technologies has named Kevin Watson as its new chief executive. The provider of cloud-managed security for payments and wireless systems for small businesses also announced Providence Equity Partners out of Rhode Island has become its majority shareholder.

Snapchat, in unveiling a person-to-person payment function this week through a partnership with Square Inc., joins a growing number of companies treating social media accounts as payment instruments.

A week after making Discover the first credit card offered in its mobile bill-pay service, PreCash Inc. has already seen a spike in the use of Evolve Money, which previously accepted only debit cards.

A week after making Discover the first credit card offered in its mobile bill-pay service, PreCash Inc. has already seen a spike in the use of Evolve Money, which previously accepted only debit cards.

Elan Financial Services will use MasterCard's common debit application identifier technology when processing transactions through its MoneyPass ATM network.

As Apple Pay creates more consumer and merchant awareness of mobile payments, Benefit Mobile Inc. figures the time is right to focus on enabling charitable donations from smartphones.

Google Inc., citing a maturing e-commerce market, is telling merchants it will end support for its digital goods application programming interface. As such, they need to find another processor soon.

Co-branding credit card partnerships has never been smooth sailing, but competition has clearly gotten tougher amid Apple Pay's launch.

In what amounts to eliminating password use and evolving the Verified by Visa and SecureCode online authentication processes, MasterCard says a new security protocol it is developing with Visa could be implemented next year.

Square Inc. may have more incentive than other acquirers in urging merchant clients to accept EMV-chip cards, but its pricing strategy could deter some from adopting the secure technology.

Third-party vendors will receive a lot more security scrutiny under new Payment Card Industry security requirements taking hold next year, if merchants are vigilant in following the new compliance guidelines.

MasterCard has emphasized prepaid cards to replace cash as a first step to extend financial services to the underbanked, and is adding mobile technology to add more services to its financial inclusion initiative.

Security passwords that have become common for e-commerce transactions and financial accounts translate poorly to mobile devices, fueling consumers' bad habits regarding weak or reused passwords.

Heartland Payment Systems has acquired Xpient Solutions to strengthen its processing capabilities in the quick-service and fast-casual food industry.