Corporate card stalwart American Express Co. says corporate cards it issues on behalf of U.S. employers now can be used with Apple Pay. AmEx says its portfolio is the first major corporate card file to be activated for Apple Inc.’s mobile-payment service. Apple Pay’s potential for additional spend with corporate …

The Gimlet Eye Is there a movement going on to do away with transaction fees? Here are some recent examples: Dwolla, the Iowa-based processor, said last month it was eliminating its 25-cent fee on transactions over $10, effective immediately. Payments below that threshold carry no fee, so now all Dwolla …

Mobile peer-to-peer transfer has led to ubiquitous, real-time payment in a social context. But can anyone make any money in this business? Nobody can say for sure when the first electronic person-to-person payment took place, but payments historians are pretty sure they can pinpoint the first official P2P transfer using …

Now that companies like Dwolla Inc., Facebook Inc., Microsoft Corp., and Square Inc. are making headlines with actual or expected services for a booming person-to-person payments market, financial institutions are scrambling to come up with solutions for their customers. One popular option is to leverage the automated clearing house network, …

Directors of online auction and e-commerce giant eBay Inc. on Friday formally approved previously announced plans to separate eBay from its big payments subsidiary, PayPal Inc. The separation becomes official July 17, when, under a stock distribution plan, eBay shareholders of record on July 8 will get one share of …

While social networks like Facebook, Twitter, and Pinterest develop so-called buy buttons for the ads they sell, third-party developers are looking at extending the same technology across not only social networks but apps, mobile sites, and even emails. One of the most aggressive of these developers, Santa Clara, Calif.-based XpressBuy …

Now that companies like Dwolla Inc., Facebook Inc., Microsoft Inc., and Square Inc. are making headlines with actual or expected services for a booming person-to-person payments market, financial institutions are scrambling to come up with solutions for their customers. One popular option is to leverage the automated clearing house network, …

MasterCard Inc. on Tuesday launched a person-to-person payment service in the United States that will allow debit card holders to send money to any other individual with a debit card account, regardless of the card brand and with the money arriving nearly instantaneously. The new service, dubbed MasterCard Send, also …

These days, the payments business is all about mobile innovation. But, as ever, it’s also about adoption. How many of these players will crack that nut? If anything rules in the payments business, it’s adoption—the ability of a new payment service to win usage by consumers and uptake by merchants. …

A panel of two bankers and a banking-services provider gave an upbeat appraisal Monday of industry moves toward real-time payments, but indicated financial institutions still have a long way to go to serve customer demand and meet competitive thrusts from non-bank players. “We’ve got more work to do,” said Roy …