John Adams

Visa has engaged J.P. Morgan Securities as it considers its options regarding the card network's investment in Monitise.

U.S. merchants will have to upgrade their terminals soon to be able to support the influx of Apple devotees who will want to use their new phones to make payments.

Subway's substantial support of the telco-led Softcard mobile wallet and the recently unveiled Apple Pay, which both use Near Field Communication for payments, is a sign that the technology's interoperability is paying off in larger deployments.

China UnionPay has an enticing mix of attributes that make it very attractive for a new travel payments play, said Celia Pereiro, head of Amadeus Travel Payments, a unit of Amadeus IT Group.

Amazon plans to discontinue WebPay, a service that allows people to send cash to each other.

The U.K. telco-backed mobile commerce venture Weve is reportedly ending its plans for a universal mobile wallet. Its members will work on their own individual mobile wallets, which will be challenged when they face off against the upcoming Apple Pay.

VeriFone and Creative Mobile Technologies are collaborating to remove a major barrier for the taxi rider who wants to use a smartphone to pay, but has the wrong app.

Square has raised $100 million in funding at a valuation of about $6 billion, according to Fortune, which attributed the news to market data source VCExperts.com

MasterCard is establishing a foundation for mobile wallets in Europe by requiring the continent's merchants to accept contactless payments by the end of the decade.

The shopping technology vendor Slice is extending its application programming interface (API) for the analysis of electronic payments data, giving merchants visibility into a wide range of consumer e-commerce spending.

If you can't beat them, join them — and join them fast. The other mobile wallets that already exist on Apple's ecosystem, such as LevelUp and Softcard (formerly Isis), are quickly working to integrate with Apple Pay and the iPhone 6 rather than try to defeat them.

Discover plans to join American Express, MasterCard and Visa in the Apple Pay service, enabling storage of Discover cards in Passbook.

Cubic Transportation Systems is working on technology that will allow people to pay for bus and subway rides without stopping to swipe or tap a card.

In Indonesia, Bank Tabungan is partnering with financial services software company Compass Plus to navigate the issuance of EMV-chip cards ahead of its national deadline.

Gas stations are driving down fraud by turning unattended transactions into face-to-face transactions.

VeriFone is developing a number of uses for the video screens on its point of sale terminals, which can display advertising and other content.

PayStand's integration with e-commerce service provider WooCommerce is meant to enable multiple payment types with very little technology work.

PayPal has launched the PayPal Here software development kit (SDK), which enables merchants to sell in-store or remotely through iOS or Android devices.

Many businesses intentionally delay payments, slowing down the economy, according to MasterCard and Basware, which see an opportunity to clear out the congestion.

The telco-driven Isis mobile wallet will now be called Softcard, a name chosen to avoid confusion and association with a militant group in the Middle East that is often referred to as "ISIS."