MasterCard expands PayPass wallet service into a platform

MasterCard is expanding its mobile payment service PayPass into a larger platform called PayPass Wallet Services that will enable PayPal-like online payments and will include APIs for developers to integrate their payment apps and services with PayPass.

Shopkick teams with Visa to tie rewards to card purchases

Mobile shopping reward app Shopkick is realizing its full potential by tying into Visa’s payment processing network, helping close the loop on transactions and providing new incentives for users to make purchases. Users will now get rewarded not just for visiting a store but buying products.

Visa Invests In Mobile Payment Startup Square

Visa has invested an undisclosed sum in mobile payments firm Square in what the companies are describing as a “strategic investment.” Square…

Credit Card Cos: Who’s Doing What in Mobile Payments?

Visa’s investment in Square is the latest move by big credit card companies to better position themselves for the coming mobile payments boom. The companies need to stay active in this market or risk being bypassed. We look at the efforts of the big three.

Visa Sees Dollars in Personal Payment Opportunity

Visa is getting into personal payments ring by offering the ability to receive and send funds directly to Visa credit, debit or prepaid card accounts in the U.S. The move pits Visa against leader PayPal and others and further validates the market for personal payments.

Visa Starts Mobile NFC Payments In Malaysia

Visa has teamed with Malaysian operator Maxis and bank Maybank to launch a Near Field Communications (NFC) service using the credit card com…