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3G Direct Pay Ltd. has signed agreements with telecommunication operators Safaricom Ltd. and Airtel Ltd. to provide immediate transaction settlements for the two African companies’ funds-transfer services, the e-commerce firm announced Nov. 16.

NFinanSe Inc. is suing InComm Inc. in federal court for allegedly attempting to fix the price of reloading prepaid cards and violating its distribution agreement.

Mobile-payment proponents let out a collective groan when Apple Inc.’s latest iPhone 4S lacked a Near Field Communication chip.

Like a pop star who sells more records posthumously, the Google Checkout payment service may prove most beneficial to Google after it is phased out.

BMI Bank B.S.C. last week rolled out a service that enables its credit cardholders to pay their card bills at the issuer’s ATMs, the Bahrain-based bank announced Nov. 10.

Visa Europe plans to develop more loyalty programs for card issuers and merchants through its investment in data-analytics firm Beyond Analysis, the company announced Nov. 15.

In a policy shift, third party payment provider Lakala E-Billing Technology & Service Co. has begun charging cardholders when they use its service to pay their monthly card repayments, the Beijing-based company said last week.

Can using multiple branding terms to describe a payment process help an issuer to achieve its own brand loyalty and clarify its product message, or would doing so confuse customers?

Credit-union leaders called on Congress Nov. 16 to amend required disclosures at ATMs, eliminate annual privacy notices required for members and reduce financial reporting for small credit unions as part of its next round of sought regulatory relief.

PEORIA, Ill. – CEFCU said the identities and account numbers of its members fell into wrong hands with the theft of one of the credit union’s laptop computers.

WOODBURY, Minn. – Postal CU is giving away $1,000 a week in cash prizes through the end of 2011 for members who use their debit cards.

Based on a groundswell of optimism surrounding Near Field Communication payment applications on display this week at the Cartes & IDentification conference in Paris, executives at NXP Semiconductors are eager to counter criticism from some quarters that NFC is too complex and bank-centric to catch on widely.

European card issuers continue to report more ATM-related fraud losses associated with their cards’ use in the United States than in any other country, a new report reveals.

The name of Visa Inc.'s digital wallet, V.me, understates its ambition for the service. That may turn out to be a smart branding move.

New technology tools are emerging in the market that merchant acquirers can offer or merchants themselves can adopt to comply with Payment Card Industry data-security standards.

The Central Bank of Nigeria has established new guidelines governing the setting up and management of offsite ATMs in hopes of spreading financial inclusion across the country.

Chip-based fuel cards soon may replace magnetic stripe versions oil companies issue for use at European gas station stores and fuel pumps.

Some analysts may question the viability of mobile-payments applications, but MocaPay Inc. is making some changes to help them along.

American Express Co. and Target Corp. have teamed up to launch a Target-branded prepaid card at the retailer’s U.S. stores as part of the card network’s strategy to grab a bigger share in the prepaid market.

This story has been updated from its original version.