Sean Sposito

Through its deals, VeriFone Systems Inc. could soon become the largest terminal maker in the world. On Wednesday, the company announced an all-stock purchase of its rival Hypercom Corp. valued at $485 million, including net debt VeriFone would assume.

As other prepaid providers attempt to make their cards more useful by adding features, the Kardashian Kard has taken another approach: make the card too expensive to put down.

Citigroup Inc. said it has agreed with rDialogue LLC to offer its clients consultancy services in order to bolster its retail rewards card programs.

Passcode-generating payment cards have faced years of resistance by U.S. banks, but Gemalto NV bets that, by putting its own brand behind the technology, it can make a difference.

Profit fell for Wincor Nixdorf AG in its most recent fiscal year despite net sales that remained at roughly the same level as 2009.

Hypercom Corp. announced Tuesday that Credit Agricole SA, a Paris banking group, has begun rolling out about 25,000 of its payment card terminals to merchants.

Discover Financial Services Inc. said its senior vice president of finance and chief accounting officer, Mark A. Zaeske, plans to resign.

Consumers have yet to widely adopt bill payment on smartphones — a trend some say is typical of new bill-pay systems.

American Express Co. says it hopes to improve its appeal among online merchants by adding fraud management to cover any payment type — not just its own.

American Express Co. said Thursday that it has agreed to purchase the security technology provider Accertify Inc.

The Scottsdale, Ariz., terminal maker said it had record revenue in its third quarter, driven by strong growth abroad, though it still faces an unsolicited takeover bid from its rival VeriFone Systems Inc.

Hypercom Corp. said Tuesday that it had record revenue in the third quarter, mostly driven by growth abroad.

MasterCard Inc. continued to build its debit share with the addition of roughly 2 million debit cards issued by Sovereign Bank.

MasterCard Inc. continued to grow its debit share with the addition of roughly 2 million debit cards issued by Sovereign bank.

Mint.com is testing a counterintuitive theory: that consumers will ignore privacy concerns for a feature they find compelling.

The trio have agreed to endorse a card marketed by Mobile Resource Card of Fresno, Calif., and issued by University National Bank of St. Paul, Minn. It will have MasterCard Inc.'s brand.

Notably, Visa has talked up its July purchase of CyberSource Corp. as giving it the tools to respond to the constantly evolving e-commerce and mobile payment space.

Fundtech Ltd. announced a product that tracks payments and lets banks monitor and manage risk.

Wincor Nixdorf AG is betting that an ATM that can recycle bills will take off in the U.S. just as it has abroad.

Visa Inc. said Wednesday that its card payments volume rose 14% year over year, to $828 billion, in its fourth quarter.