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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.

The U.S. is in a balance-sheet slowdown: overleveraged households are tightening their belts and holding back on consumption, thereby choking off the economy's main engine.

Target Corp.’s U.S. credit card segment churned out a $143 million third-quarter profit, up 10% from $130 million a year earlier. But it could be the unit’s last such profitable quarter for a while, an executive for the retailer warned analysts Nov. 16.

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.

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

Consumers’ outstanding credit card debt rose incrementally during the third quarter, while the proportion of consumers falling behind on their monthly card-account payments rose for the first time in nearly two years, according to a report TransUnion LLC released Nov. 15.

Rampant data breaches have taught consumers that it is not always wise to store payment data with a third party, but soon such behavior may become the safer way to transact.

Some credit card issuers may be tempted to loosen underwriting standards this holiday season as credit card loss rates hover at record low levels. But such policy shifts could have more far-reaching implications on issuers’ bottom lines than just a few years ago, one analyst warns.

VeriFone Systems Inc. took another step Nov. 14 in its quest to break free of the constraints of the aging plastic card.

More consumers are accessing their credit card accounts online, but only a small percentage are using mobile applications to do so, new research suggests.

The U.S. is increasingly moving toward the EMV chip card standard as a panacea for credit card fraud, but it actually may be a Pandora's box.

Who is Ben Grant?

A New Delhi-based consumer commission on Nov. 9 ruled in favor of a local garment merchant in its dispute with Mumbai-based ICICI Bank Ltd. over two credit card transactions the merchant said the bank failed to process properly.

Valve Corp., the company that provides the popular PC game platform Steam, disclosed Nov. 9 that it suffered a data breach this month.

Payments processor Vantiv known until July as Fifth Third Processing Solutions, on Nov. 10 filed to raise funds with an initial public offering that could be one of the biggest IPOs of the year.

In 2009 through last year, credit cards had been first on consumers’ list when deciding which bills to pay first, over mortgage and other debts. This year, however, their priority has shifted to paying mortgages and utilities first, new study data show.

The average consumer credit card charge-off rate among the top U.S. card issuers is nearing a historic low but should begin creeping upward next year, new data Fitch Ratings Inc. released Nov. 9 suggest.