Technology

Facebook shocked the payments industry during its IPO when it revealed it already got 15% of its revenue from payments. The social network has also proven a fertile ground to other companies that have figured out how to incorporate Facebook's platform into their own offerings.

MasterCard's biometric security venture with the South African Social Security Agency has helped the agency distribute more than 10 million active MasterCard debit cards throughout the country.

Vodafone and ICICI Bank are offering the M-Pesa mobile money service in New Delhi and Mumbai, according to reports.

Taulia, which sells business-to-business payments technology, has raised $18 million in new funding.

Online publisher ClickBank is using payment information to help vet the businesses that use its service.

Continuity Software plans to release software to detect weaknesses in the technology that connects data storage to servers, potentially spotting areas where payments data is at risk of being lost.

Gas station owners may have the most difficult task of any retailers in preparing for mobile payments and EMV cards because of their dated systems and equipment — and because many of their customers fear that using their phones at the pump will cause fires.

PayPal has made its portable chip-and-PIN card reader, called PayPal Here, available to all merchants in the U.K.

Harris Teeter will pilot Paydiant's mobile wallet as part of its Express Lane online shopping service, starting at a grocery store location in Matthews, N.C.

Moven has contracted with online and mobile payments company Payveris to provide payment services for the financial services startup.