David Heun

Jan. 27 marked the first day merchants nationwide could hit consumers with a checkout fee for using a credit card. Nothing has changed overnight, but some merchants are likely to test the waters sooner than others.

London commuters are supposed to be excited about the prospect of their Tube underground rail system adding acceptance of any bank’s contactless payment card. But it may take time for them to break the habit of using the popular Oyster contactless prepaid transit card.

Payments processor TransCard LLC is putting a new meaning behind the phrase "time is money." The company is working with Watch2Pay LLC to provide U.S. banks with wristwatches built with MasterCard PayPass contactless chips and linked to a prepaid card account.

Payments gateway provider FreedomPay is testing a cloud-based mobile wallet service for merchants and consumers.

MasterCard Inc. aims to benefit the payments industry by converting cash-only consumers around the world to plastic cards and electronic payments.

Telecommunications companies creating joint ventures to deliver Near Field Communication-based payments and other services is becoming a global phenomenon.

Merchants in the British Virgin Islands will soon have a new mobile card reader available to accept card payments through their smartphones.

PayPal, facing a growing tide of consumer complaints, is changing its approach to fraud monitoring. But the eBay unit has provided few details of its plans, leading some to wonder whether it will be able to appease the consumers that say they've been wrongfully ensnared in its fraud-fighting net.

Walt Disney Co. is about to distribute "MagicBands," high-tech wristbands that allow Disney World parkgoers to make payments and skip longer lines. Hersheypark tried a similar idea last year, and the results were far from magical.

Mozido LLC added two experienced mobile payments executives to help it expand within the U.S. as well as globally, with a focus on the unbanked and underbanked.

As the U.S. continues its conversion to EMV chip-card technology, the Durbin amendment's requirement for supporting multiple debit networks is presenting yet another challenge to overcome.

The U.S. Federal Reserve Board plans to get a better idea of how Americans are making payments — when they don’t use cash.

The Payment Card Industry Data Security Standard is all about money — but increasingly, the question is whether it's about protecting money or making money.

A week after it announced involvement in the first contactless payment program in Germany, French terminal maker Ingenico SA says it plans to do the same thing in Portugal.

Fiserv Inc. has stuck to the same philosophy it had when it formed the EFT Solutions Risk Office three years ago: card-data security isn't an arms race — it's a battle of wits.

Visa has approved Waterloo, Ontario-based RiM's secure element manager software for Near Field Communication mobile payments, thus enabling telecommunications carriers to secure payment data from Visa issuers on BlackBerry phones and other NFC devices.

Research in Motion Ltd. received a significant stamp of approval for its software from Visa Inc. Visa has approved Waterloo, Ontario-based RiM's secure element manager software for Near Field Communication mobile payments.

If Apple Inc. wants to make a strong move into mobile payments, it could do so by transforming its iTunes database into a payment and loyalty program, a recent industry report says.

PayPal Inc., pushing ahead with its drive to become the payment option of choice at the point of sale, has entered an agreement with hardware maker NCR Corp.

Heartland Payment Systems has signed a multi-year contract extension with ABM Parking Services to continue processing payments at ABM’s parking locations nationwide.