Technology

Mozido LLC is providing a Coca-Cola bottler in Mexico with a mobile payment system for storeowners to use to pay for deliveries of soft drinks.

MasterCard, echoing remarks made 16 hours earlier by Visa, is placing security at the heart of its emerging payments strategy.

Starbucks CEO Howard Schultz has stepped down from Square Inc.’s board, to be replaced by former Goldman Sachs CFO David Viniar.

Signature Card Services is bringing a dose of e-commerce to the U.S. migration to EMV-chip cards.

Retailers that have long criticized the card networks' plan for them to accept EMV-chip cards are starting to view the smart-card migration as a reason to adopt mobile payments.

Visa, which reports its fraud rate is at a historic low of 6 cents for every hundred dollars processed, is positioning itself as a safe haven for payments services.

Starbucks Corp. reports that it receives 11% of its U.S. and Canadian sales through its mobile app, continuing its momentum in enticing customers to pay with the mobile version of its closed-loop Starbucks Card.

America First Credit Union introduced a mobile app this month that allows its Visa cardholders to personalize their debit or credit cards with photos they've uploaded from their smartphones.

Visa Inc. posted a fiscal fourth-quarter profit that matched analysts’ estimates as U.S. retail spending strengthened.

PayPal is offering to waive $50,000 in processing fees for startups designing mobile or Web-based services through the eBay unit's Startup Blueprint Program.