Merchant

MasterCard issuers had to cast at least 90% of their votes in favor of the Target settlement by May 20, and not enough did, the companies said. Banks and credit unions will fight for a better deal.

Some potential corporate customers of the nation's largest banks have recently received surprising responses to their loan applications: come back to us later when you've cleaned up your act.

If there was any question about the need for Congress to modernize our nation’s data-security laws, the recent settlement negotiation between Target and MasterCard should put all doubts to rest.

PayPal's plan to expand its OneTouch instant checkout service has shifted into high gear via an update that will support all merchants using the e-commerce platform Bigcommerce.

A year after initialing establishing a presence in Australia with its mobile card reader, Square Inc. says it will open its fourth "global hub" in Melbourne to expand uptake of its Register tablet-based point of sale system.

Federal courts in New York and Georgia halted three debt collection operations that allegedly violated federal law by tricking and threatening consumers via emails, text messages and phone calls.

A payment processor and telemarketer Hal E. Smith must pay more than $1.7 million to settle charges of running a deceptive robocall credit card scheme.

Mobile wallets and digital currencies are providing an increasingly viable alternative to traditional card payments, prompting Visa Inc. to present a new value proposition to merchants.

While young consumers do not have a past with legacy payments methods and are most open to new innovation, most new payment systems are not adequately focused on the youth market.

The three major credit bureaus agreed Wednesday to pay more than $6 million to 31 states to cover the cost of a three-year investigation into credit reporting errors.