South Korean regulators Wednesday vowed harsh corporate penalties for data theft, as angry customers swamped credit card offices for a third day after 20 million people had their financial information stolen.
Car-hailing app Uber is now letting its users pay for their rides using PayPal.
Jack Dorsey may shy from being called the Steve Jobs of his generation, but there's no question he's on one hell of a hot streak.
Forget ka-ching. It's all tap-tap these days. Restaurants and shop owners fed up with antiquated cash registers and expensive credit card terminals are switching to cheaper devices that plug into smartphones and tablets. ...
Calling it perhaps the biggest money laundering scheme in U.S. history, federal prosecutors charged seven people Tuesday with running what amounted to an online, underworld bank that handled $6 billion for drug dealers, child ...
Mobile money may seem like a hot concept, but consumers aren't warming to it. At the world's largest cellphone trade show, here in Barcelona this week, the 70,000 attendees are encouraged to use their cellphones —instead ...
US credit card giant Visa announced Monday a global alliance with Samsung to let shoppers make payments by waving their smartphones near a special reader.
Global financial groups battled Monday to control the lucrative future of "mobile money", which will enable people to use a smartphone to go shopping instead of cash and credit cards.
PayPal is expanding its brick-and-mortar payment services to more than 7 million stores across the U.S. in a partnership with Discover Financial Services.
Online financial transactions titan PayPal announced that it has bought a San Francisco startup focused on using smartphone cameras to take credit card payments.