Payments

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.

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.

Visa has agreed to buy marketing and payments company TrialPay as part of the card network's broader strategy to improve merchant relationships.

The London-based peer-to-peer money mover TransferWise Ltd. opened an office in New York this month, proclaiming plans to disrupt the U.S. market. But in reality, it could be more an ally than a threat to U.S. financial services companies.

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.

A court-imposed deadline for American Express to negotiate a fix to its merchant rules with the Department of Justice is about three weeks away. Odds of a deal are said to be low, heightening uncertainty — and fueling debate — about how the showdown will affect the future of the credit card business.

Prosper Marketplace, an online lender for consumer loans, has found a new source of referrals: community banks.