eBay-PayPal breakup set for July
US online giant eBay said Friday its board approved the planned spinoff of its PayPal online payments unit, which will trade as an independent company July 20.
Need reason to pay by phone? Apple, Google add new features
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.
As cash becomes quaint, are ATMs on path to obsolescence?
Before the advent of the internet, the greatest gain in customer convenience within retail banking came from the creation of automated teller machines (ATMs). ...
New chip credit cards putting squeeze on small businesses
New credit and debit cards with computer chips are putting the squeeze on small businesses.
Google unveils Android Pay in fresh challenge to Apple (Update)
Google on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in mobile payments.
Slow start, gradual improvement for US Internet gambling
Internet gambling is off to a slow start in the United States, with banks hesitant to handle credit card payments for online bets and some politicians and casino moguls pushing to ban it, but there remains potential for great ...
Recharging in private
An electronic payment system developed in Singapore will protect the privacy of customers recharging their electric vehicles.
Plastic a valuable option for farmers' markets
Farmers' markets wanting to increase purchases by customers should consider accepting more than just cash or checks as payment, according to Washington State University researchers.
Sally Beauty probes reports of unusual payment card activity
Sally Beauty said Monday that it is investigating reports of unusual activity on payment cards used at some of its U.S. stores.
Maine police pay ransom to hackers to get files back
Some Maine police agencies say they have had no other choice than to pay a ransom to computer hackers to get their police records back.
PayPal to pay $7.7M in sanctions violations settlement
PayPal Inc. has agreed to pay $7.7 million to settle with U.S. regulators who said the payments company allowed violations of U.S. sanctions against Iran, Cuba and Sudan.
China's Tencent 2014 net profit up 54 percent
Chinese Internet giant Tencent said its net profit was up 54 percent at 23.81 billion yuan ($3.82 billion) in 2014 helped by "rapid development" of mobile gaming and social networking.
It's sound—Bristol Pound encourages community unity
There is a rapidly growing momentum driving the development of mobile payment systems. New research has shown systems, such as the Bristol Pound, can have a positive effect on the local community by encouraging consumers ...
Slick mobile payments can rebound on retailers
Research by two of the UK's leading experts on the social impact of technology shows that slick smartphone payment systems may boomerang on retailers.