Payments

TCL Corp., a China-based mobile-phone manufacturer, has inked a deal with China UnionPay in which the companies will provide mobile handsets that support payment functions, the companies announced earlier this month.

AT&T Inc. has signed partnership agreements with three mobile-payment companies that enable its wireless customers to charge online purchases for such digital content as games and music directly to their mobile-phone bills.

Apple Inc.’s MFi licensing program for devices designed to work with mobile Apple products has certified Blue Bamboo’s P25-M mobile printer and card reader, the China-based point-of-sale terminal maker announced Oct. 29.

Visa Inc. said it is prepared to confront alternative and mobile payments head on.

Charge-off rates on outstanding receivables for the six largest credit card issuers in the United States declined during the third quarter ended Sept. 30 compared with the same period last year, according to Moody’s Investors Service.

SAN FRANCISCO – Visa Inc. yesterday reported its four-quarter earnings soared by 51%, to $774 million, as consumers used cards carrying its brand more and transaction processing revenue rose.

American Express Co. this week signaled its eagerness to tap into new mobile and prepaid payment technologies that will include “debit-like” products, but one analyst says AmEx has far to go before it catches up with competitors’ mobile-payments momentum.

Overnight, the young mobile payment company Bling Nation Ltd. became visible to 4 million smartphone users.

PayWare Mobile users that have Apple Inc.’s iPhones would be able to accept PayPal funds by bumping their phones with PayPal's users' iPhones under an agreement PayPal Inc. and VeriFone Systems Inc. announced Oct. 26.

MasterCard Inc. has completed its acquisition of DataCash Group PLC.

Developing business applications for mobile banking could help banks solve one of the quandaries of the emerging channel: how to make money in it.

Mobile is taking Manhattan through the latest expansion of Starbucks Corp.’s payment trial.

Financial institutions should focus on marketing to individuals between the ages of 18 and 34 to grow their emerging consumer-payments businesses. But the so-called Millennial Generation surprisingly is nonplussed by mobile payments, despite its growing exposure in the market, suggest the results of a recent study.

Five credit unions have agreed to use the remote deposit capture services from Eastern Corporate Federal Credit Union and its wholly owned subsidiary Vertifi Software LLC, Eastern Corporate announced Oct. 21.

A cacophony of marketing voices is urging ISOs and acquirers to consider mobile point-of-sale services as a way to grow revenue and potentially reach new merchants.

LAS VEGAS — In their efforts to sign people up for mobile banking, banks can be their own worst enemy.

Zimbabwe’s first mobile-payment system launches next month.

EBay Inc.’s payment unit, which includes PayPal Inc. and Bill Me Later, continues to gain momentum as it expands its offerings into mobile and contactless payments.

Five of the nation’s largest credit card issuers reported improvements in September charge-off rates on outstanding receivables, prompting Moody’s Investors Service to suggest in a report this week that August’s uptick in charge-off rates was a blip, not the reversal of an overall trend of improving charge-off rates.

Dynamic Card Solutions’ mobile-payments personalization platform has begun supporting Tyfone Inc.’s SideTap microSD memory card for contactless payments, the Englewood, Colo.-based provider of instant card-issuing technology reported on Oct. 19.