David Heun

PayPal may not be trying to become a merchant's bank in providing working capital and next-day settlement on fund transfers, but the payments unit of eBay Inc. is trying to make it harder for its merchants to consider another provider.

If Seamless Distribution AB is going to pitch U.S. merchants on being able to duplicate the successful Starbucks mobile payment experience at their businesses, its new relationship with prepaid product provider InComm potentially provides a significant boost.

Merchants who have been quick to complain about the cost of accepting card payments at the point of sale haven't always calculated the true cost of accepting cash in comparison, a new Aite Group study says.

Alternative finance provider CAN Capital is offering its payments industry partners a digital platform to give merchant clients a fast application process for funds.

Merchants are wary of the proprietary look and feel of the process by which the card networks and issuers are adopting new security standards.

Capital One has snatched a designer from Google's touted advanced technology and projects team to help boost the bank's mobile commerce and payments technology development.

Capital One has snatched a designer from Google's touted advanced technology and projects team to help boost the bank's mobile commerce and payments technology development.

Facebook has expanded its relationship with payments provider Braintree, which is part of eBay's PayPal, to power a program for mobile application developers.

JCB plans to expand its current J/Speedy contactless card technology to allow Japanese consumers to make cross-border payments with EMV-chip cards or through smartphones and wearable devices.

As a new Russian law took hold July 1 to help support a new national payment system, the country may have extended an olive branch to Visa and MasterCard regarding its fees. But Visa says these reports are conflicting, and the details are not yet finalized.

Twitter appears to be preparing to add "Buy Now" buttons to tweets in a move to transform its microblogging service into an e-commerce platform.

Paysafecard is bringing its prepaid online payment service to Peru and Uruguay, providing those who may not have a bank account with an e-commerce shopping option.

MasterCard Inc. has completed its acquisition of Pinpoint Pty. Ltd., an Australia-based loyalty and rewards service provider.

The U.S. would be at a clear disadvantage if its financial institutions fail to adopt the ISO 20022 standard, which many other regions use to handle electronic payments, the Federal Reserve Banks say.

The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.

The website hosting company GoDaddy built its first mobile and online payments service using APIs from PayPal, Dwolla and Stripe.

The Spanish bank says it is first to bring Visa's version of cloud-based mobile payments to market.

Businesses cling to the paper check even as technology moves more payments into the mobile channel. Deluxe Corp. is bridging these two trends with an app starts a payment on a mobile device and ends it with a printed check.

McDonald's is testing a payments-capable variant of its McD App in some restaurants in Georgia.

Consumers will be making payments with a tap of their wristwatch as Google Inc. launches its Android Wear platform for wearable devices.