As consumers started spending more in the first quarter, they were not hesitant to use their credit cards as Visa and MasterCard earnings show, with better than anticipated profits and higher transactions volume. MasterCard ...

Starting April 29, Target will no longer issue its Visa Credit Card, opting for store-branded cards for all new qualified applicants. After extensive test-marketing, Target said it has found that customers spend ...

With smarter phones and slicker tablet computers the rage, Visa sees greater global potential for mobile e-commerce payments, and that helped drive the top credit and debit card processor to acquire CyberSource. Visa ...

Facebook will offer PayPal for buying ads and virtual goods, part of a strategy to make it easier for some international companies to pay on the top social media site. PayPal will also be an option for Facebook ...

Three former senior executives from MasterCard are betting that lawmakers will soon regulate legalized Internet gambling here and have set up shop to facilitate wagers as a U.S.-subsidiary for a United Kingdom payments ...

Online poker rooms and other gambling  websites were buzzing today with reports that MasterCard was blocking transactions for placing bets – a move which took some by surprise since U.S. officials last ...

A day after its dominant rival posted higher-than-expected earnings, MasterCard came in below analysts’ estimates with a 23 percent profit increase for the fourth quarter. The No. 2 card payments network saw ...

Visa, the world’s largest electronic payment network, beat forecasts and reported a fiscal first quarter profit jump of 33 percent, with its growth in debit card payment transactions outpacing credit cards ...

Nearly a third of U.S. consumers have fallen for “negative option” scams – paying for shipping on a “free trial” or “sample,” and then unwittingly becoming victim to recurring ...

Checks totaling more than $1 billion will be mailed this week to more than a half million merchants in the final payouts from Visa and Mastercard stemming from a 2003 lawsuit settlement, said the National Retail ...