Mobile payments

Apple Pay, which pre-rollout was praised for its security features, was in the center of a storm this week when some called the security of Apple's mobile wallet into question, claiming that 6% of transactions are fraudulent.

Mobile technology has enabled financial services in a number of African countries, and MasterCard is working to expand this model by tying it directly to a national identity program in Egypt.

Japanese mobile app provider Line Corp. will use CyberSource's e-commerce payment services to expand the Line Pay mobile payment service by supporting more payment options.

Mobile network operators have faced setbacks in mobile payments, but some experts insist they still have a place in the market. Others are not so sure.

A South African payments company has established a consumer-facing subsidiary in London to enable its worldwide expansion over the next few years.

MasterCard and Visa are using Samsung's mobile wallet to further the adoption of tokenization and other security methods at the point of sale, but safety concerns still cast a shadow on mobile payments and commerce.

MasterCard has entered into an agreement with African mobile banking and payment services company eTranzact International to provide remittance services to Nigerian consumers.

Mobile check-in and pay has been underused in most markets, but a German bagel shop hopes the technology can encourage normally cash-reliant Germans to go digital.

The micro-merchants that were first enabled to accept magstripe card payments from mobile card-reader are now getting the ability to accept contactless payments with hardware from Ingenico.

Visa and Pizza Hut are banking on pizza ordering and payment in the future to take place inside of automobiles.

By agreeing to acquire mobile payment provider Paydiant, e-commerce giant PayPal has vaulted itself back into the in-store mobile wallet landscape in which Apple, Google, Samsung and others have commanded recent attention.

Samsung Pay's ability to allow mobile payments while mimicking plastic card transactions will make it harder for rivals and merchants to strike back by disabling NFC at the point of sale when the system debuts later this year.

A Google executive has confirmed the company has established Android Pay, a previously rumored platform upon which developers can build payments into applications.

Bank of the West has joined the early adopters of technology that lets customers pay bills by photographing them with their smartphones, potentially reinforcing the customer-retention benefits of online bill pay.

First American Payment Systems is bringing another mobile point of sale system into the crowded marketplace of companies seeking small-merchant business.

Two years ago, Isis (Softcard) and Google Wallet were the only two ‘viable’ wallets in the market, and I use the word ‘viable’ loosely.

Samsung Electronics Co. rebooted its premium Galaxy smartphone line with the S6 and S6 Edge, featuring payment software that makes them compatible with about 90% of card readers.

American retailers have struggled with mobile payments, largely because they try to reinvent the entire buying process instead of evolving what's already there. Starbucks' success is rooted in its willingness to take the easiest route time and again, an approach that is clear in how it chose to implement Apple Pay.

Google and Softcard have been fighting a long turf war to become the dominant mobile wallet for Android users. Softcard has finally conceded defeat, but Google still has much work ahead of it.

Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down.