Payments

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

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FinTech - financial technology - blockchain network - distributed ledger wireframe

Blockchain gains traction in FinTech as payment networks emerge

Banks and financial tech companies are increasingly embracing blockchain’s native capabilities as the basis for cross-border payment networks.

blockchain ios application

FinTech builds on blockchain for international mobile payments

IBM unveiled a cross-border blockchain payments service with a Polynesian payments system provider designed to improve efficiency and reduce the cost of making global payments for business and consumers.

mvisa MWC 2017 announcement

Visa, Mastercard beef up mobile payment tech at Mobile World Congress

Visa on Monday announced one of the most unusual approaches, one that relies primarily on older QR code technology through its mVisa payment service.

visa payment ring

How to find the right payment service for your ecommerce business

Ecommerce and digital payment pros discuss what business owners should know before choosing an online payment solution.

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.

wells fargo

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.

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