With e-commerce kingpin PayPal Inc. having used mobile technology to move into processing for brick-and-mortar merchants, it was probably only a matter of time before others followed suit. The latest to join the parade is San Francisco-based mobile-payments provider Boku Inc., which on Thursday announced a platform that will let …

The war of words between the payments industry on the one side and retailers on the other side continued this week when a lobbying group backed by big banks and payment card networks released survey results claiming that only a tiny fraction of consumers believe retailers are passing on their …

Some of the nation’s biggest merchants have been adamant for months that they prefer EMV payments with PINs, not signatures, and on Thursday they were joined in that sentiment by a panel of representatives from some of the country’s largest processors. In the face of tepid support, at best, for …

Behind all the buzz about social payments and virtual currency is an often-overlooked fact: few social-network members today actually use digital money. The antidote for this ailment, according to executives in the social-networking world, is something they call monetization, which is simply a term for tactics that generate revenues from …

Mocapay Inc., one of the earliest startups in the mobile-payments space, finally is poised to go national with new partners, a different pricing model, and a broadened set of technological options that its president says makes payments by smart phone easier for merchants and consumers. Mocapay launched in 2006 and …

With both Visa Inc. and MasterCard Inc. now on the record with plans to encourage the adoption of EMV chip card and mobile payments in the U.S, it seems all but certain that the magnetic-stripe payment card’s days are numbered. In fact, Wal-Mart Stores Inc. already is seeing some EMV …

While acknowledging that federal pricing regulations are crimping growth in its debit card business, Visa Inc. late on Wednesday presented an upbeat report to investors that stressed new ventures like its recently introduced digital wallet, V.me. Separately, the world’s largest card network also unveiled new tools to help client banks …

Among all the types of merchants that accept card transactions, coffee shops, pizza parlors, burger places, and food stores might need to keep an extra-careful watch on their card data. If they’re operating as a franchisee and part of a chain, they might want to be especially wary. And if …

Visa Inc. reported on Monday that its U.S. financial-institution clients have issued more than 1 million chip cards compliant with the EMV standard. The leading payment card network also introduced new EMV processing services so that issuers can reduce their own investments in chip technology. Just over 10 issuers now …

MasterCard Inc. posted strong debit card growth in 2011’s fourth quarter, and the No. 2 card network’s top executive told analysts on Thursday that MasterCard is picking up some new business because of the Durbin Amendment. At the same time, however, MasterCard president and chief executive Ajay Banga said the …