Cards

JPMorgan Chase plans to launch Chase Merchant Services, a payments partnership with Visa, this year.

Foursquare is adding Visa and MasterCard to its special deals roster, enabling the social media company’s 30 million users to link their credit and debit cards to Foursquare to receive discounts at merchants, according to a report in Ad Age.

Visa is making several moves to demonstrate that it is willing to adopt new payments products on the Visa network. In an interview with PaymentsSource, Matt Dill, head of global business development and emerging products for Visa, provides a look into the card brand's future.

Amex says it will offer ezeClick to its card members in India as an online payment option that is meant to improve security and speed up the checkout process.

With its MasterPass program, MasterCard's mobile-pay strategy seems to be solidifying. But the details show that payments technology is still very fluid.

The mobile payment technology provider Spindle Inc. announced an agreement with NCR Corp. to resell NCR Silver, the ATM vendor's mobile point of sale system.

Visa Inc. is teaming up with phonemaker Samsung Electronics Co. to provide a financial program to enable mobile handsets to be used like a credit or debit card.

WASHINGTON – MasterCard said this morning during CUNA’s Government Affairs Conference that Lake Trust CU will be one of the first credit unions to test its new digital wallet, MasterPass, as part of a broader roll-out to credit unions.

MasterCard Inc. today announced MasterPass, a digital wallet that supports mobile payments at the point of sale and online payments without the need to type a card number each time.

Today, many gas stations add a fee when motorists pay for fuel with a plastic card. Royal Dutch Shell PLC is ramping up promotion on an alternative: pay with the decoupled debit card it introduced in 2009 and save two cents a gallon.

Today’s modern payment systems have their genesis in a number of older ventures that plied everything from the Web to biometrics to enable digital commerce. Some are gone, and some have evolved unrecognizably into their current form. Here’s a look.

The 16-month contract extension was signed Feb. 20, just one day after TSYS announced its purchase of NetSpend, one of Green Dot's top rivals.

Until recently, the card network generally prohibited its retail partners from offering special deals to customers that paid with a specific bank's credit or debit card. But Visa quietly lifted the ban on Feb. 1, paving the way for retailers to cut deals with card issuers, according to Visa group president of the Americas William Sheedy.

The chip-and-PIN version of PayPal's Here mobile card reader is set to debut overseas this year, but the splash will be felt in the U.S. as well.

NEW ORLEANS – Four credit unions and three banks have asked a federal appeals court here to overturn a lower court ruling rejecting their claims for compensation in the massive 2008 data breach at Heartland Payment Systems that exposed millions of credit union and bank cardholders to fraudulent transactions.

At the Apple Store, people don't pay the same way they do everywhere else. They swipe cards on mobile devices and accept emailed receipts instead of printed ones. Now that Google is reportedly kicking the tires on a retail store concept, maybe it can do the same, putting Google Wallet in the spotlight.

PayPal Inc. plans to launch a chip-and-PIN version of its mobile card reader, called PayPal Here, in the UK this summer.

Paysafecard Group has added an online payment option that eliminates the need for users of the prepaid cards to enter PIN codes for each purchase.

Total System Services Inc. will begin processing LINK ATM transactions throughout the United Kingdom this year.

After gaining momentum last year for its Payzur person-to-person payment system, Atlanta-based online PIN debit provider Acculynk has gone into a higher gear with transactions routing over the Pulse network.