Western Union Co., the world's biggest money-transfer business, said second-quarter profit fell 27 percent as revenue from transaction fees dropped and expenses climbed.

Commuters in San Francisco can now use their transportation-fare card to pay for parking in city garages.

In the crowded mobile point of sale market, One Step Retail Solutions is making a name for itself by providing its Teamwork Retail software to rap artist Jay-Z for his Rocawear clothing stores.

India's consumers have everything they need to move away from cash—they're just waiting for the right catalyst, according to Visa's Sam Shawki.

Merchant Customer Exchange, a mobile wallet initiative that involves more than 50 retailers, is coming into focus. Though the one-year-old MCX has yet to release a product, it has attracted key people and partnerships that demonstrate to the payments industry that it is a serious contender.

Onebip, a mobile bill payment company owned by Neomobile, launched an IP billing system in Turkey, allowing consumers to pay for online purchases through their broadband bill.

Viableware wants to differentiate its restaurant payment system by targeting high-end establishments with technology that doesn't erase the personal interaction between patrons and staff.

Payroll card provider ADP is updating its technology to provide greater visibility into users' financial health at a time when payroll cards face fresh scrutiny over costs to users.

After forging new partnerships, MoneyGram International Inc.'s revenue rose 11%, to $365.1 million, in the second quarter from a year earlier.

The Dunkin' Donuts mobile payment app is "a continuing driver of sales" for the company, as more than 3 million customers have downloaded the app through the second quarter of 2013.

Vantiv's deal to buy Element Payment Services, combined with its purchase of Litle & Co. this year, accelerate the payment processor's move toward providing e-commerce and broader merchant services.

To combat the billions of dollars consumers lose in “gray charges,” or charges they are misled into paying, BillGuard has released an iOS mobile app.

Fortumo Ltd., which provides mobile payments through carrier phone bills, has entered agreements with China Unicom and China Telecom.

Groupon has modified its Breadcrumb POS mobile payments app to allow it to handle payments even when the wireless signal cuts out. It was no easy feat.

Visa CEO Charlie Scharf responded to the retailer-backed Merchant Customer Exchange (MCX)'s recent moves in mobile payments by pointing to the growth of Visa's V.me digital wallet, its penetration among merchants, and the fact that MCX's wallet still hasn't launched.

Mobile wallet provider Lemon Inc. has begun providing the payment function that had been missing from its mobile wallet.

Jack Dorsey, the celebrity CEO of mobile payments company Square — who also has aspirations to one day be mayor of New York — was the inspiration for an upcoming graphic novel published by actress Alyssa Milano.

U.K.-based mobile point of sale company iZettle now charges a range of 1.5% to 2.75% based on the merchant client's monthly volume.

London-based Kalixa Payments Group is offering consumers in Europe a mobile wallet based on DeviceFidelity's Near Field Communication technology.

John Lunn, global director of the PayPal Developer Network, details the recommitment the company's made to building and maintaining third-party developer tools since David Marcus become president of PayPal in March 2012.