US hotel chain Hilton revealed Tuesday that hackers infected some of its point-of-sale computer systems with malware crafted to steal credit card information.
Starwood Hotels, which operates the Sheraton and Westin chains, said Friday that hackers had infected payment systems in some of its establishments, potentially leaking customer credit card data.
Mobile payments firm Square will make its stock market debut on Thursday priced lower than expected in a sign that soaring tech startup values may be coming back down.
When it comes to using a smartphone to make purchases in retail stores, Apple Pay has been getting most of the attention.
Mobile payments startup Square said Friday it will raise up to $403 million in its stock offering—but it may be valued less on Wall Street than by private investors.
Hackers on Thursday showed how to turn the latest model Square mobile payments readers into crime tools.
Google on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in mobile payments.
Samsung said Thursday that its mobile payment platform reached $30 million in transaction volume a month after it was launched in South Korea.
The tech industry has been saying for years that smartphones would make traditional wallets obsolete. But most people still use cash or plastic when they shop in stores.
Philippine transport authorities authorised GrabCar as the first company to operate under new rules governing ride-sharing apps, state and company officials said Wednesday.