Western Union has partnered with electronic payment processor eTranzact to offer mobile money transfers in Nigeria.

A group of technology companies is working to build digital currencies into Web browsers, a move that could help payment methods such as Bitcoin thrive.

PayPal is sponsoring a hackathon series where mobile app developers have just 24 hours to build an app that will win them a trip to PayPal headquarters to compete for $100,000 at the Battle Hack World Finals.

Apple Inc.'s acquisition of a small semiconductor company has given fresh credibility to rumors that the technology giant is planning a 'smart watch' that could perform contactless payments.

London-based Zapp has hired a former Barclays executive experienced in mobile payments to help prepare for its first product launch in early 2014.

Despite the warnings, cell phones are safe to use at gas pumps — and ExxonMobil Corp. aims to prove this in testing a mobile payment app for smartphone users in Nashville, Tenn.

The Pulse debit and ATM network is working with mobile payment provider Paydiant to give banks a software-based mobile wallet with the bank's brand.

PayPal is making programming tools available worldwide to allow software developers outside the U.S. to integrate PayPal payments into their applications.

IDT Payment Services, a subsidiary of IDT Corp., launched an international money transfer service to expand its Boss Revolution payment platform.

Five weeks after acquiring mobile payment startup JustChalo Inc., online restaurant reservation provider OpenTable is testing a mobile payment feature for restaurant patrons.

True Link Financial Inc. has launched a prepaid Visa card for the elderly, with a set of customizable restrictions more commonly associated with cards designed for teens.

MasterCard, which announced its earnings hours after the Isis mobile wallet venture revealed plans to expand nationwide, faced questions over where the card network fits in the evolving mobile payments ecosystem.

Heartland Payment Systems Inc., which has been forging multiple partnerships in emerging payments markets, says its net revenue has risen to record levels.

Payoneer Inc. CEO Scott Galit says a new partnership with online marketplace Fiverr illustrates how his company is positioned for providing payments services in a changing business world.

Prepaid cards, widely accepted by the underbanked as a way to facilitate spending, are also emerging as a catalyst for saving and an alternative to short-term credit.

The best way to judge a mobile wallet's potential is to see how it handles failure.

Isis, the carrier-run mobile payments venture, plans to take its system nationwide this year. The initiative, which was formed by AT&T, Verizon Wireless and T-Mobile USA, has been testing its contactless payment technology in Salt Lake City and Austin since October.

Fiserv Inc. increased its payments revenue and signed new clients in the second quarter, pushing its overall revenue up 10%, to $1.2 billion, in the second quarter from a year earlier.

Developers with early access to the next version of the iOS operating system have discovered software support for a fingerprint scanner that could be built into an iPhone or iPad's home button, according to various reports.

MasterCard Inc.'s digital wallet continues its move around the globe, as consumers in the U.K. today became the latest to have access to MasterPass.