Payments

Expresscoin is launching a digital currency purchasing platform that the company says will offer the "personal customer service" that has been missing from the Bitcoin environment.

As Monitise debuts its new mobile design and development service, it's weighing how its clients view payments as a complement to their other business lines.

BOSTON — By the end of 2015, 70% of U.S. credit cards and 41% of U.S. debit cards will be EMV enabled, and chip and signature will be preferred by issuers out of the gate, according to a recent survey.

American Express Co. is entering partnerships that aggressively take aim at a very specific segment of spending: fare for taxis and other hired cars.

Just before eBay selected David Marcus to run PayPal in 2012, it named a number of executives who could have been prospects for the role. Now, as Marcus leaves to take a job at Facebook, some of these other executives may be in line to fill his shoes — but PayPal may also seek out new talent.

With PayPal president David Marcus leaving to join Facebook, the social network is positioned for a substantial market share grab in the digital payments industry.

Payment services entrepreneur Boris Kim has been elected chairman of Moscow-based Qiwi's board of directors.

Enabling payments for online services is the next big opportunity in e-commerce, says Carl Theobald, CEO of digital transaction technology company Avangate.

Israeli contactless payment technology provider On Track Innovations (oti) is expanding its reach to enable self-service payments on several fronts.

PayPal President David Marcus is leaving the eBay unit to lead Facebook's messaging products.

American Express Co. reached a deal that will allow customers of car-service firm Uber Technologies Inc. to book rides using rewards points.

Apple's plan to introduce a new Lightning connector for headphones, potentially replacing the standard 3.5mm jack, could give mobile payment companies a major hardware headache.

Amazon.com Inc. will enable scheduled payments of fixed or variable amounts in attempt to attract businesses that rely on subscription-based or recurring transactions.

Payoneer, a cross-border payments company, has received an investment from Ping An, a Chinese financial services company, to expand its business in Asia.

Mobile payments and ticketing promise a smoother process than waiting in line to purchase a paper ticket, but often, the reality is that a mobile ticket is only as good as the mobile phone's signal.

Square's new Order app allows consumers to order and pay at Square merchants before arriving at a merchant's store. The process for ordering is different for each merchant, based on the level of information they provide to Square.

What lays ahead in the ever-changing payments marketplace? Credit Union Journal asked some industry experts and here's what they said.

Xapo says its Bitcoin debit card will start rolling out by the end of June, and it will be accepted anywhere by using the rails of a card network, interchange fees included.

Five years after its implementation, the CARD Act has had a major impact on the financial services market — but the credit union story is different.

LevelUp has updated its mobile payment app with a feature that empowers consumers to immediately notify the company of problems they experience with its mobile payment app.