Payment processing

Western Union Business Solutions has partnered with IndusInd Bank to offer payments technology to small and medium-sized businesses in India.

Nacha, the electronic payments association, is working to get its members on board with faster processing to accommodate the growth of mobile and other electronic payments, though this would require a change to the association's rules.

Discover Financial Services' arrangement to facilitate in-store PayPal transactions across its network stands to serve as the biggest expansion of its ongoing strategy to serve as a multifaceted utility throughout the payments ecosystem.

Gravity Payments now allows PayPal card acceptance at about 10,000 merchants in Washington State.

Silicon Valley Community Foundation, a philanthropic organization, began accepting donations in ripple or XRP, the native digital currency of the Ripple network.

Text2Pay, a mobile billing application for online purchases, now allows merchants to accept Bitcoin, the decentralized virtual currency.

Payments serve as the base on which all other financial services can grow for unbanked consumers in low-income countries, says Elisabeth Rhyne, managing director of the non-profit Center for Financial Inclusion at Boston-based Accion.

Taco John’s, a West-Mex fast food chain, is launching the cloud-based FreedomPay Commerce Platform at more than 400 locations nationwide.

PayAnywhere will provide mobile credit card processing to Camp Masters, the popcorn brand sold by the Boy Scouts of America for fundraising.

Toopher and miiCard have partnered to provide faster authentication by tying location to user identity.

ThreatMetrix is drawing a clear picture of how big online card fraud is by marking each fraud attempt on a map as it happens.

Chirpify, which handles payments over social media, is launching a direct payment processing option, overcoming its reliance on PayPal’s service.

Consumers today are social media addicts, and Getonic is aiming to use their Facebook and Twitter habits to the advantage of online merchants.

How consumers conduct PayPal transactions across the Discover Network demonstrates a shift in how the eBay unit approaches its transition to becoming an in-store payments option.

Apple's one nod to payments during its keynote address at this year's Worldwide Developers Conference is its plan to store users' credit card info in a new iCloud keychain for online shopping.

The National Security Agency's PRISM surveillance program has sparked a major outcry over phone monitoring, but the less-publicized government accumulation of credit card and other payments data can provide far more granular intelligence, according to payments experts.

Microsoft confirmed that the company will eliminate Microsoft Points, its digital currency, in favor of pricing digital content in local currencies.

MasterCard will make the card network's Expert Monitoring Fraud Scoring for Merchants available to Kount's merchant clients.

Manufacturers of PIN entry devices have received updated Payment Card Industry security requirements.

American Express and ShopRunner are promoting a system designed to mitigate online 'cart abandonment' as more e-commerce moves to mobile devices.