Payments

American telco company IDT Corporation has launched a direct-to-mobile-wallet service to Kenya and Niger through its international money transfer service, Boss Revolution, entering markets where mobile payments have been successful in the past.

After boosting security to accommodate Indian government demands, Uber is again going to be accepting payment cards for its services in India. It will accept payment cards starting this week, following a nine-month suspension.

Business members of Best Price, which Walmart operates as in India, will have the ability to make payments via M-Pesa’s mobile wallet service.

Zapp is racking up bank and merchant participants for its mobile payment venture in the U.K., filling the gap left by the telco-led Weve initiative and providing scale as Apple Pay launches.

Gemalto has entered an agreement to provide payment-capable wristbands that will allow tap-and-ride capabilities and fitness readings for transit riders in Wuhan, China.

In an attempt to encourage people to use MasterCard through Apple Pay, the card brand will have people at the 2015 MLB All-Star Game in Cincinnati, giving prizes to "the vast majority" of consumers who use Apple Pay with a MasterCard card.

The PayPal of today has come a long way from the 1998 startup that enabled people to transfer funds between Palm Pilots. As the company nears its spinoff from eBay, it is continuing its acquisitive streak with some transformative purchases.

Now the CEO of the mobile point of sale provider ShopKeep, Norm Merritt previously headed the global outsourcing company iQor and brings with him a few ideas about how to make big money by serving small merchants.

The Consumer Financial Protection Bureau has suggested that CUs and banks get busy on implementing consumer protections for real-time and faster payments.

The new Amex Express Checkout service bears a passing resemblance to rival products like Visa Checkout, MasterPass and PayPal. But that similarity is only skin deep.

Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

MY CU Services is set to take ownership of the PCSi division of Palmetto Cooperative after the parties entered into a strategic alliance.

American Express Co. unveiled an online checkout system today that lets customers use their account passwords to order clothes, flowers and concert tickets from a roster of retailers.

The delinquency rate on loans backed by the value of consumers' homes hit a postcrisis low in the first quarter, according to the American Bankers Association.

MasterCard's decision to do a 500-person trial of facial recognition for payment authentication next month may seem like a bold move in security, but it's really taking aim at friction.

QR codes, a relatively old technology, are back in the spotlight thanks to a consortium of retailers led by Walmart and Target that plan to use the codes in their CurrentC payment technology.

JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.

JPMorgan Chase has agreed to pay more than $200 million to settle claims by federal and state authorities that the megabank wrongfully collected credit card payments on hundreds of thousands of consumers.

Chase Card Services has rebranded and redesigned its small business management mobile app, previously called Jot, to Ink from Chase.

Mobile banking technology provider Monitise Plc has informed its shareholders that Visa Europe will reduce its investment in the company, but will complete a three-year commercial agreement to develop services and finish products.