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PayPal and its parent eBay each expect $20 billion in mobile commerce and payment volume this year, eBay CEO John Donahoe says.

Shopzilla, a technology company that manages a portfolio of shopping, product comparison and coupon websites, is expanding its mobile payments capabilities by acquiring startup Zappli.

Banks and payment card providers would face caps on the transaction fees they can demand from retailers under European Union plans to rein in charges that have been attacked by regulators as anticompetitive.

Tablet point of sale technology provider ShopKeep POS has hired Todd Lasher as vice president and general manager of its channel business.

Dubbed the "Athens of America" because it's rife with colleges and universities in the area, Boston is becoming a hub for tech startups as recent grads — and even dropouts — bring fresh perspective to the payments industry.

C-Sam Inc., Dai Nippon Printing Co. Ltd. and HyperSoft Co. Ltd. have jointly developed "Salon de Wallet," a mobile wallet for beauty salons in Japan.

Cloud payment processor i2c Inc. and Heartland Payment Systems have teamed to provide prepaid card processing services. Their first collaboration is to add features to the National Restaurant Association’s Edge prepaid card program.

GoCardless is using a link to Sage's accounting software to improve the experience of automating business-to-business payments in a market that typically lags the consumer payments market.

Leslie Godridge, a corporate lending executive at U.S. Bank, was recently honored at a Wall Street fundraiser by the UJA-Federation of New York for her work in the arts and with Junior Achievement.

The Merchant Customer Exchange (MCX), a mobile payments initiative created by major retailers, will use technology from FIS to speed processing and provide access to accounts at a large range of financial institutions.

The payment processor Global Payments Inc. will offer its U.S. merchant customers an iPad point of sale system from ShopKeep POS.

The next big idea for payments is ready to spring to life, and MasterCard wants to be there when it happens.

As EMV-chip card use spreads at the point of sale in the U.S., online merchants will have to change the way they handle payments online.

Mobile transaction technology provider C-Sam has hired former Citigroup executive Kurt Weiss as managing director of global financial institutions and mPayy founder Conrad Sheehan to be general manager of strategic initiatives.

Merchant payment and marketing company Punchey has hired Michael Sattler to be vice president of engineering and Rick Graham as director of demand generation.

Wealth management advisors must strike a balance between recognizing investment differences between men and women and avoiding stereotypes when courting female prospects.

BBVA Ventures, the corporate venture arm of BBVA Group, is investing in SumUp, a company that enables mobile devices to accept card payments.

The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co., billionaire Len Blavatnik and actor Will Smith, people familiar with the matter said.

Seeing coins as dead weight in payments, a startup called Coinvenience is designing a system to allow consumers to reject loose change by instructing retailers to deposit the leftover coins into a stored-value account at the point of sale.

LevelUp founder Seth Priebatsch could barely contain his excitement when discussing the possibilities of Google Glass, a mobile device built into a headset that Google sells only to a limited number of early adopters.