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Facebook to test mobile payments service (Update)

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

Sweden is on track to becoming the first cashless nation

Sweden is on its way to becoming the world's first cashless society, thanks to the country's embrace of IT, as well as a crackdown on organized crime and terror, according to a study from Stockholm's KTH Royal Institute of ...

Sony and Sharp launch e-readers, tablets in Japan

Sony and Sharp upped the rivalry stakes in the heated e-reader and tablet market with the head-to-head launch on Friday of their latest devices in Japan, along with tens of thousands of e-book titles.

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 be coming for ...

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 ...

Why mobile payment technology is leap-frogging in Latin America

The world of mobile payments is one of the hottest segments of the financial technology industry. Based in Miami, YellowPepper has been a pioneer of mobile payment technology in Latin America, where an immense market need ...

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