ZipZap Inc. and SafetyPay have formed a partnership designed to help more underbanked consumers to make purchases online, the companies announced March 7.

This is an updated version of an earlier story.

Some eight out of 10 adults in South Korea own at least one credit card, highlighting the saturation in the country’s card market, new survey data suggest.

Consumer confidence grew again in February, fueled by a more optimistic outlook for the economy and personal finances, according to the Discover U.S. Spending Monitor, a daily poll tracking economic sentiment and spending plans of nearly 8,200 consumers throughout the month.

Cloud-based compliance and data-security provider Trustwave soon will add Web security to its portfolio through the acquisition of M86 Security, an Irvine, Calif.-based provider of advanced antimalware technology.

Fidelity National Information Services Inc., which prefers to be known as FIS, has named Greg Schaffer as its new chief information security officer.

The competition to turn mobile phones into wallets has turned up lots of options as handset manufacturers, telecommunication companies and other stakeholders battle to control how the phone is used to execute payments.

Hoping to improve on its new-user sign-up total a year ago, Exxon Mobil Corp. this year is adding a month to a promotion that gives Speedpass users 15 cents off each gallon of gas they buy.

When something is amiss at a location relying on tight security, officials often immediately implement a systems “lock down.” Imagine the same scenario on a merchant’s payment system, and one can start to understand how PaySecure software works.

LAS VEGAS–The relatively late timing of the U.S. move to adopt the EMV smart card technology means it could dodge some of the headaches other countries experienced in shifting to EMV.

Visa Europe plans to acquire a 15% minority stake in mobile retail payments provider Mobile Money Network Ltd., the European payment system provider announced March 7.

In its second annual Mobile Banking Scorecard, Internet testing and monitoring company Keynote Systems has dubbed JPMorgan Chase & Co. as the large bank with the best overall mobile-user experience, best functionality and best ease of use.

LAS VEGAS–Brace for more merchants to begin developing proprietary digital wallets at the same time they announce their participation in broader wallet schemes.

TradeHill, the Bitcoin exchange that shut down unexpectedly in February, is now blaming Dwolla Corp. for its demise and is suing the payment provider for $2 million.

Merrill Halpern received an “unexpected benefit” when traveling recently in Europe without an EMV smart card in his wallet. He got a free cup of coffee from a coffee shop employee who felt sorry for him because she couldn’t initiate the transaction on her terminal with just Halpern’s signature.

Online food-delivery service Eat24.com has increased the number of ways its hungry customers can pay for food from their favorite restaurants.

Tabbedout, whose mobile application allows customers to pay a bar or restaurant tab using their phone, is boosting its attraction by adding PayPal as a payment option.

LAS VEGAS–Pushing a new mobile-wallet scheme is tough when each week seems to bring news of more potentially daunting new contenders.

Although the mobile contactless-payments market is still in its infancy, NPD In-Stat is projecting that by 2016, the number of payments made with the tap of a mobile device will approach 9.9 billion.

Following a data breach, merchants are required by law to notify a host of authorities and agencies, a daunting task that presents an opportunity for ISOs and agents.