Payments

Apple has had a rough time signing major merchants to accept Apple Pay in stores, but it has finally won the support of Best Buy, a nationwide retailer that swore off Near Field Communication-based payments years ago.

NXT-ID will start shipping its Wocket wallets to customers at the start of May, over a year after it first announced the mobile payment device.

Apple Pay, slowly and steadily, is gaining ground as a preferred method of mobile payment. And it may have a lot to do with the steady release of Apple products that support its mobile wallet.

Verifone's Vin D'Agostino insists there's a special mix of cloud technology and hardware that can address all of merchants' needs — but only if they are willing to buy it all at once.

Discover, the only major U.S. card network that did not support Apple Pay at the mobile wallet's launch, has inked a deal with Apple, eliminating some of the fragmentation in the mobile wallet's deployment.

Discover, the only major U.S. card network that did not support Apple Pay at the mobile wallet's launch, has inked a deal with Apple, eliminating some of the fragmentation in the mobile wallet's deployment.

Success seems to come easily for Starbucks' mobile payment efforts, but only because the company did its heavy lifting elsewhere.

Apple Pay represents a new cost to the issuing community. The issuers accept this because there is little choice but to operate on Apple's terms, including paying a fee to support Apple Pay.

The McLean, Va., credit card lender is offering steep discounts to Uber riders, even though the promotion stands to hurt some of the bank's commercial borrowers.

TAMPA, Fla. — Card Services for Credit Unions unveiled the winners of its 2015 Card Marketing (CAMEO) Awards, which recognize CSCU member credit unions with the "most innovative and resourceful" marketing campaigns of the year.

Now that the Apple Watch has arrived, banks and technology companies are making a big effort on the wearable's small screen. Some are focused on alerts and budgeting; others take advantage of the device's unique hardware.

To address integration concerns for retailers, Bindo is connecting its iPad-based point of sale software to Powa Technologies' hardware for clients in the U.S. and Asia.

Millions of dollars spent on software upgrades are worth the hit to short-term profits, executives at the Buffalo bank said, because it will be able to run deeper credit profiles of borrowers.

The Apple Watch officially goes on sale today, bringing Apple Pay to the wrists of many consumers, but the device's competitors — a large number of increasingly sophisticated and far less expensive wearables — are also attracting the attention of Apple Pay issuers.

The Starbucks mobile app is now used for eight million transactions per week, or 19% of the company's U.S. sales, but the biggest development is not in the numbers but the nature of the app's users.

Capital One Financial's earnings fell slightly in the first quarter when compared to a year earlier, as rising expenses outpaced revenue gains.

Citigroup and AT&T have unveiled a new credit card that offers a credit for a new smartphone, potentially boosting adoption of Citi Wallet.

Increasingly, the goal of more payments providers — from megabanks like Wells Fargo to startups like YoYo — is to hide the fact that they are payments providers.

PayPal is investing heavily in technology to make sure it is properly equipped for the challenge ahead of it when its split from eBay is finalized.

Despite a series of challenges and missteps from Google Wallet's earliest days, the app has tightened its grip on the Android ecosystem and squeezed out the competition — and Google must now decide whether Apple Pay is its next target or its most unlikely ally.