Visa, MasterCard scramble after massive data breach
Credit card giants Visa and MasterCard were scrambling on Friday to thwart cyber crooks who looted a massive trove of precious account data, evidently from a payment processor in New York.
PayPal folds startup into its smartphone wallet
Online financial transactions titan PayPal announced that it has bought a San Francisco startup focused on using smartphone cameras to take credit card payments.
Twitter co-founder takes aim at mobile payments
(AP) -- Jack Dorsey revolutionized online socializing by co-founding Twitter in 2006. Now he wants to transform the way people exchange money.
Digital 'wallets' proliferate at cellphone show
Cash, coins and credit cards are so Twentieth Century. At least, that's the opinion of the electronics manufacturers, phone companies, banks and credit card issuers that expect cellphones to be the main way consumers pay ...
With pay-by-phone startup, Aaron Greenspan rebounds from Facebook suit
The last time the tech world heard from Aaron Greenspan, he was settling a trademark lawsuit in which he charged that he, not his Harvard classmate Mark Zuckerberg, had come up with the idea for an online social networking ...
PayPal letting Google phones swap cash
Online financial transactions giant PayPal on Wednesday showed off a mini-program that lets people exchange money by touching together a pair of Google smartphones.
Review: No more writing checks in lifestyle change
(AP) -- It's been nine months since I've written a check. That's not to say I'm on some 12-step program to resist shopping. My credit card bills would suggest otherwise. Rather, when I opened a new bank account ...
'Square' gives small US businesses an edge
Word is spreading quickly among small American businesses hustling to thrive in tough economic times -- hip young Internet payment service Square will give them an edge.
Study: Apple's new iPhones score big in durability
Apple's new and bigger iPhone 6 and iPhone 6 Plus are more durable than last year's model and a leading Android phone, a study says.
Small businesses have even more credit-card reader options
Google working on phone with built-in payment tool
Google Inc. is taking another stab at designing a game-changing mobile phone, this time by including a built-in payment system that could eventually enable the devices to replace credit cards.
Smartphones take charge: Small merchants expand their sales with mobile credit card services
Coming soon to a garage sale near you: "All major credit cards accepted."
Review: Apple Pay in action
If there ever comes a day I can ditch my wallet and use my phone to pay for everything, I'll look back to my first purchase through Apple Pay: a Big Mac and medium fries for $5.44. That wallet-free day won't ...
Adult industry sees iPorn potential in new phone
(AP) -- It's a maxim of technology: Invent the newest gadget and the porn industry will find a way to cash in.