David Heun

Apple's plan to introduce a new Lightning connector for headphones, potentially replacing the standard 3.5mm jack, could give mobile payment companies a major hardware headache.

Mobile payments and ticketing promise a smoother process than waiting in line to purchase a paper ticket, but often, the reality is that a mobile ticket is only as good as the mobile phone's signal.

VeriFone's second quarter revenue increases signal the company is heading in the direction CEO Paul Galant envisioned when becoming the head of the terminal maker in October 2013.

Starbucks customers in South Korea will be the first to use the coffee giant’s popular mobile payment app to place an order and pay for it before they show up at the store.

Harris and Hoole, a coffee chain supported by U.K. grocery company Tesco PLC, is accepting mobile payments at the point of sale in each of its 36 stores throughout the country.

Irvine, Calif.-based chip maker and electronics provider Broadcom applied for a patent for multiple Near Field Communication antennas in an NFC device around the same time Apple Inc. did in 2012.

Merchants seeking a court ruling that would cause the Federal Reserve Board to re-establish debit cap fees at a lower rate want more time to consider bringing the case to the U.S. Supreme Court.

Apple is fine-tuning its mobile purchasing capabilities, adding parental controls and voice commands to digital content purchases and extending its TouchID fingerprint authentication system to third-party developers.

Merchants seeking a court ruling that would cause the Federal Reserve Board to re-establish debit cap fees at a lower rate want more time to consider bringing the case to the Supreme Court.

When Shell introduced its Shell MasterCard through issuer Chemical Bank in 1994, it used the simple message of "The Card That Earns Free Gasoline," which convinced more than 1 million consumers to sign up.

Apple executives have started talking to high-end retailers to gauge their interest in a mobile payments service, the Apple news site 9to5Mac reports.

B2B payments technology provider IQ Back Office insists that many companies can turn their accounts payable department into profit centers by using electronic and virtual card payments for vendor invoices.

Orderbird says it is ready to migrate into new markets after adding 400 new customers for its iPad-based point of sale system in recent months and adding payments industry veterans to its supervisory board.

A Near Field Communication patent application Apple Inc. submitted 18 months ago might demonstrate how future iPhones would make contactless payments at the point of sale.

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

SumUp's plan to create an end-to-end mobile payment system without reliance on third parties became a reality this week with the rollout of a chip-and-PIN mobile card reader and terminal system.

The days of salesmen peddling point of sale terminals by simply pulling hardware out of a box are likely numbered.

North American coffee chain Tim Hortons Inc. is diversifying its mobile payment options.

The telco-driven Isis wallet is working to transform its consumer base into its newest sales force.

Traxpay Inc. wants to provide flexibility and speed when business-to-business payments hit unexpected snags that traditional banking systems can't resolve.