Mobile payments

Visa Inc., the world's largest payments network, said fiscal first-quarter profit rose 24 percent as consumer card spending increased.

Though most of the fanfare behind mobile wallets is around in-store contactless payments, consumers are cutting through the hype and devoting more of their attention to in-app payments.

The rush to be a "one stop" for merchants by bundling mobile, Web and in-store payment technology is proving to be a heavy lift, in terms of cash, resources and IT skills.

Twitter's move to pluck American Express' top exec for digital partnerships as the social media network's first marketing chief was more than an executive reshuffle—it signals a new strategic direction for Twitter to double down on in-app e-commerce, some observers say.

Apple Inc. measured a strong pickup in mobile payments during the last six months of 2015, CEO Tim Cook said on Jan. 26 during a discussion about the company’s results from the final quarter of the year.

Verifone, which is challenged to move beyond its reliance on selling traditional payments hardware, is producing an almost dizzying array of products in hopes of diversifying.

Consumers may not care much about mobile payments, but many of them care a lot about mobile loyalty.

Vending machines were among the first categories to accept contactless mobile payments, but they still rely heavily on cash for impulse snack purchases — at least for now.

The payments landscape was on the rise in in the past year with the launch and adoption of several new virtual wallets.

If mobile wallet developers are banking on young consumers to become early adopters, they should not include college students amongst them.