PayPal kills the cash register — and offers completely free payment processing for 2013

In other words, PayPal is all in.

How to avoid buying 13 laptops in 15 minutes, then shipping them to a stranger in Sacramento

Last week I bought 13 laptops from WalMart.com. There were only two problems: I didn't buy them, and they weren't being shipped to my house. I'd been hacked.

Foursquare partners with Visa & Mastercard to get you more check-in deals

Foursquare has teamed up with Visa and Mastercard to expand its check-in deals service that lets users earn better specials by using their credit cards.

PayPal destroys Google Wallet, MasterCard, Square, and Visa in digital wallet study

The good news, if you're PayPal, is that almost three quarters of Americans know about you and your digital wallet solution. The bad news is that under half of them really understand what a digital wallet is.

Conspiracy conviction for Anonymous hacker in PayPal, Visa, MasterCard case

Hacktivist Christopher Weatherhead was convicted today of "conspiracy to impair" the operations of a number of payments companies in 2010.

Back to the future: Google Wallet is actually … a funky morphing credit card

Google Wallet, which just recently made big changes to support Visa, American Express, and Discover cards, is now apparently making even bigger changes. As in, back to the future changes.

Airtag releasing NFC mobile payments developer kit, wishes Apple would help simplify the ecosystem

Tomorrow, the Paris-based company that built MasterCard's PayPass API and counts McDonalds and Reeboks as its mobile commerce clients will release the Airtag Kit: a full collection of everything developers need to start building mobile payment apps.

The future of MasterCard’s mobile wallet: Instant purchases from within any app (video)

What if you could instantly purchase a product being advertised on an iPad app -- or, even better, what if you could do the same thing for a product featured in a movie as you're watching it.

WikiLeaks: We’re back in business for donations, baby (thanks, France)

WikiLeaks announced today that it is “back open for donations.”

The nonprofit organization is running a screen play past Visa and MasterCard, which have been blocking funds for the foundation, and will now be able to take donations through the …

Gartner: Mobile payments will top $171B this year, despite fragmentation

The current state of the mobile payment industry could at best be called slightly confounding, or, at worst, a complete mess.

But in spite of increased competition from stakeholders like Square, PayPal, Google, Mastercard, Intuit and, most recently, Verifone, the …

Hey you guys, MasterCard has a digital strategy too: PayPass Wallet Services

Now that almost every payments-related company has a digital wallet of its own, it’s about time MasterCard showed off its digital plans.

The credit card company unveiled PayPass Wallet Services today at the CTIA conference in New Orleans. Just like …

Nokia’s Lumia 610 is the first NFC Windows Phone — gets Visa, MasterCard support

Today wasn’t the best day for Nokia to announce a new device, given the company’s lowered Q1 expectations, but maybe the new Lumia 610 will help distract press from the company’s dire financial situation.

After being rumored for some time, …

Up to 1.5M credit account numbers stolen, says Global Payments

Credit card processor Global Payments released a statement yesterday, admitting that its systems have been compromised. The announcement came after reports surfaced that thousands of credit card accounts had been breached through its machines.

Last week, security researcher Brian Krebbs, …

Over 50K Visa and Mastercard credit cards compromised, banks alerted

Cyber-criminals have stolen Visa and Mastercard credit-card data by hacking into payment processors in New York City parking garages. Visa confirmed that the data — enough to create counterfeit cards — was stolen, and both companies are doing damage control …

Google Wallet flaw takes the lock off your mobile money (updated)

Updated with comment from Google at 5:14pm PT.

A new vulnerability in Google Wallet gives thieves access to your funds, even if the application data has been erased.

Google Wallet lets you digitize your credit cards and pay for things …

Mobile banking pioneer mFoundry nabs $18M from MasterCard, Intel Capital and others

You could say that mFoundry was totally into mobile payments before it was cool. Now the company is reaping the rewards of being an early adopter, announcing today that it has received $18 million in growth-capital funding led by MasterCard, …

Intel and MasterCard team up on online shopping payments

Intel and MasterCard have agreed to work together to beef up security for online shopping and make online payments a better experience overall.

The multi-year deal will combine MasterCard’s expertise in payment processing and commerce with Intel’s strength in chip-based …

Google Wallet quietly launches today (updated)

Google Wallet, the search company’s long-awaited mobile payments platform, has seemingly launched today with little fanfare.

TechCrunch yesterday reported on documentation being sent to Google Wallet partners indicating a September 19 launch. And this morning, Gigaom posted a photo of …

Isis mobile payment network gets in bed with Visa, MasterCard, AmEx, Discover

Isis, the mobile payment network put together by AT&T, Verizon and T-Mobile, today announced that it now has the support of Visa, MasterCard, American Express, and Discover.

The news means that Isis’s mobile payment terminals will be able to handle …