David Heun

PayDragon is keeping in mind impulse buyers, and those who forget to buy an item when at the grocery store, with the Checkout feature of its mobile payments application menu.

U.S. consumers largely view mobile payments as "a lot of craziness going on," rather than as a secure and viable alternative to plastic cards, says Vantiv Inc.'s mobile-pay expert.

Marqeta has launched a consumer rewards prepaid card in hopes of capturing the success of Starbucks' loyalty program and spreading that wealth to other merchants.

The number of Near Field Communication announcements in the payments industry seemingly increased quickly last week after it was revealed that Apple's iPhone 5 would not have an NFC chip.

MasterCard re-Power prepaid cardholders can now reload or top-up their card accounts at any of more than 45,000 Western Union locations in the U.S., improving the appeal of the card to the underbanked worldwide.

MasterCard announced this week a software toolkit to help turn any Near Field Communication enabled Android or Blackberry smartphone into a mobile wallet.

Apple may be waiting to bring mobile payments to the masses, but MasterCard is forging ahead. The card network announced this week a software toolkit to help turn any Near Field Communication enabled Android or Blackberry smartphone into a mobile wallet.

In the world of plastic cards, if a consumer loses one card, every card linked to that account must be canceled. That isn't the case with mobile wallets.

It may be an ironic twist or wise marketing timing, but the number of Near Field Communication announcements in the payments industry seemingly increased quickly last week after it was revealed that Apple's iPhone 5 would not have an NFC chip.

The Casino Group supermarket chain in France is claiming it will open the world's first "completely NFC" supermarket in a popular shopping district of Paris.

The PCI Council is likely to benefit from the heightened awareness around ATM security, particularly MasterCard's push for EMV chip-card acceptance at ATMs, as it seeks feedback on its ATM Security guidelines.

Each time the Payment Card Industry Security Standards Council felt it was ready to establish a written-in-stone requirement for securing mobile payments, the technology — and the fraud committed against it — changed.

Apple's decision to leave Near Field Communication payments technology out of its next iPhone might be seen as a huge misstep, as both Microsoft and Google have embraced the technology for their latest phones. It is, of course, also a brilliant move on Apple's part.

Verifi, a payments gateway and risk management provider for online merchants, intends to reduce the friendly-fraud chargebacks these merchants face by using Jumio's payment card scanning technology.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.

The Near Field Communication chip used in many mobile wallets was conspicuous by its absence during Apple Inc.'s unveiling of the iPhone 5.

To develop a successful mobile wallet, many agree industry collaboration is necessary. But how much collaboration is too much?

Only Apple knows for sure, but there are signs that new iPhone, which many expect Apple to announce at a press event Sept. 12, could revolutionize payments by putting an Apple mobile wallet into consumers' hands.

A Walmart store or CVS Pharmacy may not be the first places that come to mind to make rent payments, but those locations and thousands of others are now part of the mix for paying rent with cash through WilliamPaid.com, a Chicago-based online rental payment website.

ATM operators have long expressed confusion about the migration to EMV chip-card technology in the U.S., since the card brands were focused mainly on point of sale terminals. MasterCard made things far clearer today with its announcement of an October 2016 deadline for a liability shift for ATM operators.