Payments

Corethree Ltd. has added Barclays' Pingit mobile checkout option to its mobile wallet for transportation services.

Afrocoin Mobile Money is launching a service that allows mobile phone users to send money to family members in Africa.

Toronto-Presto, a mass transit project that integrates payments for about ten systems in Ontario, is planning to add more card payment options and mobile technology over the next couple of years.

SecureKey is developing new payments technology that will allow consumers to use their mobile devices to enable fast authentication at the point of sale.

PayPal's $800 million deal to buy the payments processor Braintree fuels a fast-paced acquisition streak that has granted PayPal some of most disruptive technology — and people — in the payments industry.

PayPal’s parent company eBay has entered into an agreement to buy online payment processor Braintree for $800 million in cash, a deal that’s expected to close in the fourth quarter pending regulatory approvals.

Square Inc. sent a notice to customers today warning that updating their iPhones and iPads to the latest version of the iOS operating system could prevent Square’s card reader from working properly.

As the U.S. payments industry advances in its migration to EMV-chip cards, some merchants perceive the EMV push as "a giant head-fake" to establish a foundation for mobile payments based on Near Field Communication technology.

As Rogers Communications' David Robinson paced a stage in the company's corporate offices, he balanced two seemingly contradictory business decisions: its new role as an issuer of plastic credit cards and its long-term bet on mobile wallets.

EnStream’s vision of a mobile wallet looks a lot like an old school wallet, stuffed to bursting with payment cards, library cards and other documents. It's an ambitious strategy, but one that relies on the cooperation of a wide range of stakeholders.

As payments technology evolves, some are urging the Federal Reserve Board to take a leadership role in establishing guidelines and standards — whereas others are quick to argue against the notion.

TUMWATER, Wash. – A classic local icon, the original Rainer Beer logo with the BIG RED R, will be featured on the newest debit card for O Bee CU, the one-time credit union for Olympia Brewery.

LOS ANGELES – Visa and MasterCard yesterday won preliminary victory in a patent suit brought by SmartMetric over rights to technology used in processing EMV cards.

CardSpring has launched CardSpring Connect, bringing marketing tools and online performance tracking to its local business clients and enabling them to create online-to-offline promotions.

Tech-savvy smartphone owners are well aware of mobile wallets—they’re just not eager to use them.

Merchants that use Square will be able to use it with Intuit's QuickBooks accounting software, as Intuit adds support for the mobile card reader in the newest version of its program, according to multiple reports.

MasterCard is working on new mobile payments functions that give shoppers the choice between Near Field Communication chips and QR codes — two mobile payments methods that have competed in the market and are typically treated as mutually exclusive.

Italian mobile point of sale company Jusp has launched a mobile chip-and-PIN card reader as a plug-in device, veering from the more common approach of using a separate Bluetooth device.

Three banks in France have launched Paylib, a PayPal-like online payment system — and they're betting that France is just different enough that they can succeed on their home turf with a strategy that has had mixed results in the U.S.

PayPal’s reported plans to acquire Braintree would give it more than just a payment processor that moves $10 billion a year. If this marriage takes place, it would signal a shift in how payments companies think about technology.