PaymentsSource

Emerging, Alternative Payments News

• Picatic Leaves Payment Processing's Price Up to Its Customers

  | June 20, 2013

  Online ticket payment provider Picatic has the business model of a museum—its customers are expected to pay, but the amount is at least partly up to the patron.

• ABA: Better Oversight Needed for Digital Wallets

  | June 19, 2013

  New nonbank companies entering the payments industry should be subject to the same regulatory oversight and transparency requirements as their financial institution peers, according to a report released by the American Bankers Association.

• MasterCard, Western Union Focus on Cross-Border Business Payments

  | June 19, 2013

  MasterCard and Western Union have launched an international payments service that allows small to medium sized U.S. businesses to execute cross border transactions.

• Ixaris Brings Cloud-Based Corporate Prepaid Programs to Banks

  | June 19, 2013

  Electronic payments company Ixaris, which has about 20 corporate clients using its Ixaris Payments Server, will target corporate prepaid card-issuing financial institutions with the same technology.

• Xoom Adds Money Transfer Apps for Android, iPhone

  | June 19, 2013

  Xoom has developed native Apple and Android applications for its money transfer service.

• Retailers to Forge Uber-Like Mobile Payment Pacts, Stripe's Collison Says

  | June 19, 2013

  Mobile payments companies and retailers will forge more partnerships where they retain customer identities, making it unnecessary to re-enter credit-card information, said John Collison, co-founder of Stripe Inc.