Visa to block all U.S. counterfeit fraud chargebacks of less than $25. American Express to follow.
Malauzai's Picture Pay allows users to pay a bill simply by snapping a picture of it with a mobile device.
Credit unions can deliver the service to their members through the My Mobile Money app.
The monthly growth rate for Malauzai's Picture Pay, which allows users to pay a bill by snapping its picture, is at 2.5%.
Walmart Pay is one of the newest additions to the Walmart app, which ranks among the top three retail apps in the Apple and Google app stores with more than 20 million active users.
Skimmers found in self checkout lanes at Walmart stores fit over existing EMV-enabled POS devices and even include a slot for card chips.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
PSCU and its member credit unions will begin utilizing CU Direct’s Lending 360 system.
Experts debate what Chase Pay means for credit unions.
Results of the payments industry-wide transition may include quicker card issuance and increased lawmaker scrutiny.