MasterCard is getting close to announcing an EMV-related liability shift for online and other card-not-present transactions, a network executive said on Monday. “MasterCard will have a card-not-present liability shift,” said Melanie Gluck, vice president of emerging payments at the country’s second-largest payments network. “We haven’t announced it yet, it’s under …

Google Inc. will launch yet another new version of its mobile wallet in about a month, Google’s top executive for the product said on Monday. The latest version, which Osama Bedier, vice president of  Google Wallet and payments, referred to as “the 2.0 version” of the product, comes just short …

The carrier-backed Isis mobile-payment service debuted in a low-key launch Monday in Austin, Texas, and Salt Lake City with almost 1,000 merchant locations participating and its near-field communication (NFC) system workable on nine smart-phone models. Digital Transactions News counted 493 merchant locations in the Salt Lake area and 470 in Austin, for …

It looks like it’s finally going to happen. The much-anticipated, much- delayed Isis mobile-payment venture backed by three big telecommunications companies is scheduled to go live on Monday in its test cities of Austin, Texas, and Salt Lake City. Now the ultimate consumers of the new system, mobile-phone users, will …

Cardholders in Mexico, not the United States, report the highest incidents of card fraud, according to a new report from Boston-based Aite Group LLC and Elkhorn, Neb-based ACI Payment Systems. Of the credit, debit, and prepaid cardholders surveyed in Mexico, where EMV cards are rolling out, 44% reported an incident …

The extent of government scrutiny of the acquiring business came into sharp relief on Wednesday as a federal official told an audience of top-level executives with processors and independent sales organizations that online transaction fraud is too high and that the executives must do more to bring it down. “There …

With its “PayPal Offline” initiative to sign point-of-sale merchants for PayPal acceptance well under way, the payments subsidiary of eBay Inc. now is turning its attention to consumers, eBay executives told analysts on Wednesday. “PayPal intends to be everywhere consumers need an easy, safe, secure way to pay,” eBay president …

Despite just 10% of U.S. merchant terminals being capable of accepting EMV chip cards today, 60% of all terminals likely will be EMV-enabled by 2015, according to a new report from Javelin Strategy & Research. Javelin also expects U.S. issuers will convert the bulk of their credit, debit, and prepaid …

With a crucial deadline just five months away, the U.S. Department of the Treasury is blanketing the country this month with press releases urging recipients of Social Security and other benefits by check to adopt electronic payment. In the campaign, which started last week, the agency is sending out releases …

The market for person-to-person payments, which has percolated on low heat for several years, is showing signs of turning up the temperature. As an example of how far the market has come, the two major P2P payments networks, Fiserv Inc.’s Popmoney and clearXchange, a system unveiled last year by Bank …