Technology

Airlines are a paradox of mobile payment acceptance. They handle check-ins, boarding passes and other key functions through their apps, but are not as full-featured when it comes to handling sales over phones and tablets.

To help people safeguard their card information when they shop online, a handful of fintech startups are developing ways of keeping that information hidden, providing merchants with tokens instead.

To help people keep their card information safe when they shop online, a handful of fintech startups are following Apple Pay's example of keeping that information hidden, providing merchants with tokens instead.

Payment technologies are in an unwelcome spotlight this month, as security researchers expose their weaknesses just as the products are winning a long-desired trust among mainstream consumers.

Dubai-based payment service provider Payfort has formed a partnership with Mastercard to improve fraud-screening and streamline the checkout process for e-commerce and mobile point of sale transactions for hundreds of merchants across the Middle East.

Three quarters of debit cards will have chips by the end of the year, but slow merchant adoption is limiting use, according to Pulse.

The proliferation of smartphones and the onset of mobile payments has brought biometrics to the forefront of security for financial transactions.

In a reversal of its longstanding aversion to Apple Pay, Walmart has acquired a company that not only accepts Apple Pay, but gives customers an incentive of 1.5% off the purchase to use a debit card loaded into Apple's mobile pay system.

Beijing-based payment processor PayEase is partnering with KG Inicis, a South Korean payment provider on electronic payments in their respective markets.

The National Australia Bank will partner with digital identity proofing company iSignthis to provide advanced card services to merchant customers in Australia and New Zealand.