Target and MasterCard say they've agreed to settle lawsuits over the discounter's pre-Christmas 2013 massive data breach.
Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want to get a slice of that market, and are ...
Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system.
Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card.
In the wake of some wide-ranging breaches in credit card data, Mastercard and Visa this month announced an initiative to increase payment security, including expanding chip technology in the U.S.
A spokesman from MasterCard says it is investigating reports of a potential breach at the California Department of Motor Vehicles.
Visa and MasterCard are introducing Internet-based technologies to make it easier for shoppers to buy things at retail stores without pulling out a credit card.