Payments

Cloud payment processor and mobile commerce vendor i2c Inc. is providing the technology for Boom Financial's entry into Haiti with its text-messaging money transfer service.

MINNEAPOLIS, Minn. – National retailer Target is fabled for its sophisticated use of customer spending data and has emerged as a leader in store-branded debit cards.

NAPERVILLE, Ill. – Illinois Gov. Pat Quinn has signed into law legislation that establishes a basic set of disclosures that must be furnished on general use reloadable prepaid products.

The upcoming Samsung Galaxy Gear smartwatch will have a Near Field Communication chip in it, according to reports. But only time will tell if Samsung plans to use the chip for payments.

Visa has made several changes in its management structure, including the expansion of Bill Gajda’s duties.

Sony Corp. now allows owners of the PlayStation 3 video game console to charge content purchases to their mobile phone bills with U.S. wireless carriers.

Microsoft Corp. and American Express Co. are vying to take an equity stake in Foursquare Labs Inc., according to people with knowledge of the discussions.

ATLANTA – In keeping with numbers showing loans grew faster than shares at credit unions, Equifax reported its analysis saw total credit card balances increase for the first time in five years.

Any new payments technology is a gamble, and many major retailers refuse to take a risk on untested technology. But small merchants are usually more willing to experiment, and a few have bravely given new payments products their first big chance.

MasterCard, C-SAM and DNP are preparing to launch a white label mobile wallet service in Japan.

E-Commerce services provider Digital River is launching a mobile payment acceptance product called Beanstream Mobile.

Online and mobile payments processor WePay's has seen the number of developers using its application programming interface (API) grow by 284% in the past year.

Lawyers for clothing retailer Genesco Inc. last week requested summary judgment on its request to dismiss $10,000 in data breach fines from Visa Inc.

In a crowded field of Square-like vendors, the Berlin-based SumUp hopes to stand out by virtue of its executive experience, its strong partnerships and funding, and a more comprehensive role in developing its own hardware as well as its software and services.

WASHINGTON – The two credit union trade associations have joined with a number of other financial industry representatives to file a supplemental briefing in the lawsuit over Dodd-Frank’s debit interchange provisions.

PreCash Inc. has launched Evolve Money, a consumer-facing online and mobile application that allows cash-paying users a way to pay and track their bills.

The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.

Twitter's decision to hire a head of commerce signals that the company plans to play a significant role alongside the many companies that have sought to transform the social media site into a platform for payments.

TSYS' ProPay has launched a service to handle rent payments via mobile devices for the property management industry.

Payment processor Global Payments Asia-Pacific Ltd. and telecom service provider Dialog Axiata PLC are offering technology in Sri Lanka that enables smartphones or tablets to be used as mobile point of sale terminals.