Payments

Payment Processing news, analysis, research, how-to, opinion, and video.

mvisa MWC 2017 announcement
visa payment ring

Visa and Mastercard extend deadline by three years for chip cards at fuel pumps

Implementing chip cards at the nation’s outdoor fuel pumps is more complex when compared to indoor terminals. Weather plays a role, as do the network configurations required to connect the pumps to banks that certify the payments.

block chain

Blockchain adoption in banks coming, but slower than expected

Banks will likely take 24 months or longer to push blockchain software systems into commercial production, says the man who championed the digital ledger technology at UBS.

apple pay credit cards primary 100413350 orig

Apple Pay at two years: Not much to celebrate (yet)

While Apple Pay supposedly helped spark a revolution for in-store mobile payments, there's not much celebrating by Apple or its rivals.

Chip card lawsuit to move forward against Visa, Mastercard, others

A federal judge has ruled it is plausible that four national credit-card companies improperly conspired “in lockstep” to set a deadline of Oct. 1, 2015 for requiring retailers to upgrade their technology to accept embedded chip cards...

Citibank credit card with an EMV chip

Chip-card rollout a year later: Slow and, mostly, sure

It will be another two years, at least, before chip cards become ubiquitous among U.S. retailers.

Mastercard

Mastercard launches dev platform for building payment, security apps

Mastercard launched an ambitious open Mastercard Developers platform to help third-party developers create commerce-related apps and services.

apple pay safari iphone applewatch wwdc2016

Apple Pay coming to 200,000-plus websites, not just in-store or in-app

Apple Pay on websites launched on Tuesday with the release of iOS 10 and will hit Mac desktops when macOS Sierra launches next week.

mobile payments

CVS launches CVS Pay, plans to roll it out nationwide

CVS Pay allows customers to pay in store for prescriptions by scanning a barcode at the register.

Reading the Apple tea leaves for what's coming this fall

August represents the summer doldrums between the Worldwide Developer's Conference and September -- when new hardware and OSes arrive. Time to look at what Apple's up to.

Going cardless at the ATM catches on

Several major U.S. banks now allow the use of a smartphone to withdraw cash from an ATM using NFC technology.

Chase EMV United card

Visa moves to streamline chip-card processing certifications

After months of frustrating delays for U.S. merchants that have been required to roll out payment systems that accept new, more secure computer chip credit and debit cards, Visa announced a series of remedies.

os1012 applepay pr print

Apple Pay to expand to the web

Shoppers will soon be able to buy merchandise with Apple Pay over the web from a Mac desktop or laptop, with the purchase authenticated via a buyer's fingerprint scan on their iPhone or a touch on their Apple Watch.

biometrics

Forget fingerprints; Iris scans could validate mobile payments

Newer biometrics technologies beyond the use of fingerprint scans could boost adoption rates for mobile payments.

mobile payment wallet money smartphone

CurrentC mobile-payment pilot ends

It's uncertain whether merchants that had been accepting CurrentC -- including Target and Walmart -- still do so.

mobile payments

7 reasons mobile payments still aren't mainstream

Though mobile payments and wallets are increasingly popular, they're still nowhere near mainstream. A set of experts and finance-industry watchers weigh in on what's holding mobile payments back, as well what will need to happen for...

Chip card payment confusion, anger rages on

Six months after U.S. retailers began assuming liability for debit and credit card fraud, only a fraction of the nation's in-store payment terminals can accept the highly secure chip-enabled cards.

Apple, Google, Samsung and others betting on mobile payments

While it’s not clear yet which of the many mobile payment systems currently available today will be around for the long haul, there’s no doubt that paying for goods and services with your phone will quickly replace traditional credit...

visa car mobile payments

Visa shows in-car payments and with a wave of your hand

As Internet of Things devices become ubiquitous, consumers will someday pay for gas, parking and tolls from their cars without using a credit card or even stepping out of the vehicle.

Load More