Less than one-third of U.S. consumers have used their phones to make payments, whereas two thirds of consumers in China have, new data show.

In a deal that could enhance shopping at one of China’s leading supermarket chains, China PnR Mobile Payments Solutions Pvt. Ltd. recently announced it would provide supermarket retailer Suning Tesco Inc. with mobile-payment services.

I recently introduced the MasterCard Mobile Payments Readiness Index (see story) to a group of c-level bankers, and told them that one of our top-level findings is that it's the early days for mobile payments.

Mobile payment is revolutionizing the payments industry, suggests the widespread sentiment among industry insiders and observers.

Digital security provider Gemalto N.V. anticipates its new partnership with three companies in Mexico will provide more opportunities throughout Latin America to help provide mobile financial services.

This article has been updated from its original version.

Large corporations increasingly need better mobile channels to collect small payments on the fly from customers in the field.

For many banks, deciding what new mobile-banking features to offer is a matter of following competitors’ moves or waiting to see what technology their core banking vendor begins to offer.

The Massachusetts Bay Transit Authority this fall plans to pilot a mobile ticket-buying system for its rail commuters designed to cut cash-handling costs and generate useful data about riders' habits.

Using smartphones to make financial transactions will be a normal part of everyday life by 2020, new research suggests.

Recognizing that younger consumers are not as tied to their personal computers because of smartphones, Conestoga Bank of Chester Springs, Pa., is integrating mobile banking directly to its core system.

If tollway drivers can pay for tolls with an in-vehicle device, why can’t those drivers do the same when parking?

Even USAA Federal Savings Bank, one of the most aggressive in its use of technology, is treading carefully in social media and mobile, where the slightest privacy SNAFU can spark a major outcry.

Google Inc. faced some resistance in putting Google Wallet on the Galaxy Nexus phone when the Android smartphone model launched with other carriers, but Sprint says it will support the nascent mobile payment system from day one.

WASHINGTON–The nation's capital is starting to pay attention to mobile payments. Whether that sharpening focus will help or hurt the industry's growth, however, remains an open question.

Location-based offers are a major selling point of mobile wallets, but one company recently told the feature to get lost.

The payments industry is seeing only the “first steps” of Near Field Communication development as a contactless-payment technology, so it stands to reason that lawsuits related to NFC patents would not be far behind.

Discover's new deal with BilltoMobile looks like yet another way to cover its bets as mobile payments evolves in multiple directions.

Seeing a major opportunity in the U.S. market, Monitise PLC and Clairmail Inc. on March 26 announced a merger deal in which they will cross-pollinate and cross-sell each other's technology in their respective markets.

If PayPal Inc. strikes with a new payment application, it stands to reason Square Inc. would respond with a new twist on its mobile-payment service.