David Heun

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.

Brick-and-mortar retailers are chasing a missing link for sales and marketing—the deep customer data that e-commerce merchants easily obtain through online orders and shipping information.

Payments are proving to be an enticing use case for wearable computing, drawing the attention of companies as varied as amusement parks, banks and phone manufacturers.

The card networks are under pressure in a number of countries, providing ammunition for retailers wanting similar cost adjustments in the U.S.

Seeking to help its clients benefit from consumers who increasingly shop online or through mobile devices, GoDaddy Operating Co. LLC has launched its online store product for small businesses.

Online remittance provider WorldRemit is now offering its service in 15 Latin American markets, saying it is the company's largest expansion to date.

Apple Pay's NFC-based mobile pay system doesn't automatically equate to a marriage between the retailers' point of sale and the contactless communication technology.

Even though the payments industry earlier this year put an end to the debate over how to comply with a federal mandate for routing EMV debit transactions, the technology still isn't widely available.

Visa Europe may find itself in a damage control mode after researchers say they found a flaw in the brand's contactless cards, but the organization is expressing confidence in its security.

Many companies have struggled for years to find a way to get consumers to use phones for payments. Some wallets promise better rewards and others promise stronger security, but Tipl.ly's approach is a bit more primal.

Tokenization, a security method that eliminates account data from exposure, is fast becoming linked to the advancement of mobile payments. American Express' latest service is designed to push both technologies along.