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iPhone 5: Why no NFC?

Apple didn’t include near field communication technology in the iPhone 5, a decision that one NFC backer said the company might come to regret.

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How Visa’s New Network Fee Can Bring New Credit Risk for Acquirers

Visa Inc.’s complicated new Fixed Acquirer Network Fee, or FANF, has caused considerable head scratching if not outright consternation for merchant acquirers,

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When Will Your Smartphone Really Replace Your Wallet?

NFC. The iPhone 5 and Passbook. Google Wallet. Square. PayPal. Every day brings news of new developments in mobile payments and mobile-pass technology.

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Quiet During the Wallet Wars, Visa Readies V.me for a Year-End Rollout

With digital wallets from the likes of PayPal Inc., Google Inc., and the Isis consortium grabbing headlines,

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iPhone 5 not likely to support NFC

Until recently, the Apple rumor mill suggested the next iPhone would include a near-field communication chip for short-range wireless transactions.

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Green Dot Inks Prepaid Partnership With Sallie Mae

In an effort to make up for some of the shelf space it could soon be losing at big-box retailers,

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Major retailers to launch mobile app for payments

No one, it seems, wants to miss the mobile payment revolution. A new service — to be created jointly by Wal-Mart,

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Fed Issues Final Interchange Rule on Fraud Pricing

WASHINGTON — The Federal Reserve Board approved a final rule on debit card interchange fees to make an adjustment for fraud-prevention costs.

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Global To Provide New Breach Details

Global Payments Inc., the Atlanta-based payments processor that on April 2 revealed its systems had been breached,

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