The United States remains one of the world’s last bastions of the paper check, a situation a startup called Checkbook Inc. sees as a massive opportunity. The Sunnyvale, Calif.-based company has been working for the last two years on a system that it says allows businesses and individuals to use …

Visa Inc.’s disdain for the automated clearing house as a competing payments network has been a given for years, but never did it come into focus more than it did last week when the giant card network announced its wide-ranging agreement with PayPal Holdings Inc. The deal smoothed over a …

• Processor Vantiv Inc. launched the One Network Experience service for software developers. Dubbed O.N.E., the service offers a suite of integration tools, personalized help, and access to an online developer community. • Meta Financial Group Inc. said Meta Payment Systems, a division of MetaBank, a major prepaid card issuer, …

The United States may have been late to the EMV party, but U.S. credit and debit card issuers pushing out EMV chip cards have helped make the country the number-one market for EMV plastic, according to the latest figures from Visa Inc. As of June 30, Visa chip cards totaled …

Few observers are surprised big banks like Capital One Financial Corp., JPMorgan Chase & Co., and Wells Fargo & Co. are getting into the mobile-wallet market, but what about smaller financial institutions like credit unions and community banks? While some might figure the small players will fall into the arms …

Visa Inc.’s combined U.S. credit and debit card purchase volume grew nearly 10% in the quarter ending June 30, but the payment network’s net income plunged 76% mainly because of its costs to acquire Visa Europe. PayPal Holdings Inc., meanwhile, saw its volumes and bottom line increase in the second …

For years, PayPal Holdings Inc. has struggled to bring its popular online payment product to the physical point of sale, and now a deal announced Thursday with Visa Inc. may help the company finally realize that ambition. The sweeping, multiyear agreement could also represent a thaw in what have often …

Dollar volume on Discover Financial Services’ Pulse electronic funds transfer network declined 9% in the second quarter, but that was an improvement from the first quarter’s 15% plunge and the bottom is in sight, Discover said on Tuesday. Meanwhile, the impact of grocery stores’ reluctance to accept credit cards for …

A majority of Americans—62%—believe credit and debit cards and other electronic payments will replace cash in their lifetimes, finds a recent Gallup Inc. poll. But that doesn’t mean cash will disappear any time soon, experts say. Of the more than 1,000 consumers surveyed, only 11% said it is very unlikely and …

Wal-Mart Stores Inc.’s Canadian unit on Monday stopped accepting Visa cards at its three stores in Thunder Bay, Ontario, carrying out the threat the retailer issued last month in its dispute with Visa Inc. over card-acceptance costs. A spokesperson at Wal-Mart’s Canadian headquarters in Mississauga, Ontario, as well as a …