Technology

Flipkart Payment Gateway Services has launched a consumer-facing version of PayZippy, allowing shoppers in India to make secure online transactions with numerous merchants.

Card payments account for more than two-thirds of all noncash payments in the U.S., and the number of checks written for payment is less than half of what is was a decade ago, according to the Federal Reserve Bank Services' 2013 payments study.

Loop Commerce is attempting to stake its position in e-commerce by offering payments technology that provides a gift's recipient some control over what is being purchased.

The credit-card issuer has agreed to loosen its restrictions on fees charged by retailers to consumers, following a similar move by Visa and MasterCard.

If Target can't protect itself from a data breach, how can any retailer hope to do so?

PayPal's corporate parent eBay has completed its $800 million acquisition of Braintree.

Target has confirmed the compromise of the credit and debit card data of 40 million Target shoppers and says the problem has been identified and resolved. However, thieves are selling the card account information as fast as they can on underground sites, according to security blogger and expert Brian Krebs.

Ellen Richey has become the new chief legal officer at Visa, where she will be responsible for legal functions as well as oversight of the card network's compliance and audit teams.

MasterCard, eServGlobal and Bics have formed HomeSend, a joint venture that allows consumers to send money to and from mobile money accounts, cards, bank accounts or cash outlets.

La Caixa Bank says it will soon launch the largest mobile payment venture in Europe, once again placing the bank at the center of a major European payments initiative.