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JPMorgan Chase & Co. has positioned its merchant processing unit to provide far more services to merchant clients through its 10-year partnership with Visa Inc., a deal which potentially shifts more power to the issuer.

Another digital wallet is coming to the U.S. — but it's taking the scenic route.

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.

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.

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’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.

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.

Barclaycard US has tapped a longtime bank technology executive to serve as chief operating officer.

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.

The National Grocers Association said its board voted to opt out of a multibillion-dollar antitrust settlement with Visa Inc. and MasterCard Inc. over merchant fees.

Forcing the networks to let merchants surcharge for card payments will remove the advantage of retailers that accept only cash or other alternatives such as Bitcoin.

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.

The New York credit card company said Feb. 21 that it has added Anne Lauvergeon, a partner at Efficiency Capital, and Samuel Palmisano, the retired former chief executive of IBM, as directors.

A new report from The Pew Charitable Trusts reveals that people choose payday loans to avoid outcomes such as long-term debt, borrowing from family or friends, overdraft fees and cutting back on expenses.

Square's sales pitch has largely been based on the ease of plucking its mobile card reader of a retail store's shelf and suddenly being able to accept swiped card payments. But for some merchants, it hasn't been so easy.