Technology

Vocalink, a London-based payments provider, is launching a new company called Zapp, which enables consumers to make real-time payments with their mobile device by linking their mobile phone number to a bank account.

Square Inc. is active in the U.S., Canada and Japan — and a recent post to its Twitter account indicates its next move is imminent.

VeriFone is testing a mobile point of sale system built on the Windows 8 Pro operating system for use on tablets that integrate with retailers' existing systems.

Boston-based global payment processor peerTransfer has raised $6.4 million from investors as it seeks to expand its payments services beyond the education industry.

Banks may believe they can provide the best mobile wallet experience — but most have done very little to create their own product.

RuPay debit cardholders in India can now use their cards to make online purchases, using Acculynk's PaySecure online PIN pad authentication.

Total System Services expects to complete its $1.4 billion acquisition of NetSpend on July 1, according to a regulatory filing with the Securities and Exchange Commission.

Consumer spending in the U.S. likely climbed in May by the largest amount in three months, fueled by growing demand for automobiles, according to economists surveyed by Bloomberg ahead of a report this week.

The typical online and in-store checkout puts all payment options on equal footing. A few payment methods cut part or all of the checkout — and potentially cut off other payment options in the process.

Ticket vending machines in New York City's subway system will temporarily not accept credit and debit cards for part of June 22, while the city's Metropolitan Transportation Authority performs a system upgrade to its mainframe.