Payments

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.

WASHINGTON—CUNA has filed an amicus brief in a Florida lawsuit the trade group believes could drive credit unions right out of the credit card business.

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.

PayPal will be an attractive payments partner and is open to new alliances after completing its spinoff from parent eBay Inc., PayPal's incoming chief executive Dan Schulman told investors.

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.

Square hopes to broaden its reach with its core micro-merchant market by offering technology to tap the $1.6 trillion e-commerce market.

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.

Costco has picked Visa as its new payment card network and Citigroup as the new issuer of its cobranded credit cards.

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.

CO-OP Financial Services has vastly expanded its real time person to person payments reach, adding a credit union-led alternative to the faster payment models being pursued by banks.

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.