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Canada is now the second country offering consumers MasterCard Inc.'s MasterPass digital wallet, with an emphasis on e-commerce sites for travel, grocery and discount stores.

Elavon and Banco Santander confirmed their plan to launch a joint venture to provide merchant services in Spain.

Bank of America says it and other banks, which have a full view of each customer's financial needs, are well-positioned to succeed as mobile payments providers.

MoonClerk is a new company that's targeting a distinct segment of the payments technology market—the startups and small businesses that want to build a Web payment acceptance engine, but don't have the right tech expertise in-house.

Websites critical of a settlement that Visa Inc. and MasterCard Inc. reached with retailers over so-called swipe fees are misleading and must be corrected, a federal judge said.

Retailers unhappy about a proposed $7.5 billion swipe-fee settlement in a case against Visa Inc. and MasterCard Inc. received a momentum boost this week when the Retail Industry Leaders Association chose to opt out of the settlement.

Mobile payment provider Payleven is adding two new features to lure larger businesses—the ability to manage multiple chip-and-PIN card readers from a single master account and support for both mobile and stationary printer systems.

If you're looking for Swedish cash, don't go to a Swedish bank. Most of the country's biggest lenders have stopped manual cash-handling services in 65 percent to 75 percent of their local branches. They say cash is out as Swedes rely on credit cards, the Internet and mobile phones to make all their payments.

The retailer-driven Merchant Customer Exchange mobile payments venture is making a lot of noise, though it has yet to reveal its product. But since the final MCX app will interact with those made by its individual retailers, CVS Caremark Corp. can serve as an early example of the venture's potential.

MoneyGram and First National Bank have launched their first mobile money transfer service in Africa, enabling FNB account holders to send and receive international transfers via mobile devices.

As the Merchant Customer Exchange asserts its position in the mobile wallet market, it emphasizes that the path to a consumer’s physical wallet runs through retailers.

EMV smart-card migration preparations in the U.S. will take on a more serious tone when the responsibility of covering fraud losses begins to shift.

Mobile payment technology at restaurants is gaining favor with wait staff, who find shedding paper leads to quicker orders, faster service and higher gratuities.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

San Francisco, Calif.-based startup Balanced says it is gaining traction with online marketplaces, the eBay-like venues where small merchants gather to sell products and services online.

There will be significant growth in mobile payments over the next five years, Javelin Strategy & Research predicts, but most people still don't make payments with their mobile phones today.

The United States has long resisted adopting the EMV smart-card standard to replace magnetic-stripe credit and debit cards. But the card networks report success in the years-long push to modernize plastic payments.

Milan-based mobile point-of-sale startup Jusp has secured $6 million in an initial round of funding for its chip-and-PIN mobile card reader, which it plans to launch in Italy.

Baseball players are told from an early age to keep our eye on the ball. In credit card banking, we should be told to keep our eye on the "spend."

PXT Payments, which operates the mobile payments and rewards app "looped in," is partnering with Boston College-based startup Jebbit for a student-focused marketing program that combines mobile payments and gaming.