The company's processing of about 500 payments from 2009 to 2013 included ones tied to weapons of mass destruction, as well as related to Iran, Sudan and Cuba.
PayPal announces acquisition of mobile-wallet maker, while Google unveils another mobile-payments service, in the growing fight for a piece of the smartphone payments market.
The carrier-backed mobile payments initiative announces closure after Google acquired its technology.
The exec in charge of Apple Pay tells CNET at a Golden State Warriors game that the mobile payments service will work on the company's new smartwatch as long as the device has been unlocked with a passcode or through an iPhone.
The mobile-payments alliance will allow Google Wallet to come loaded onto Android smartphones at all four US national wireless carriers.
Pay.gov, a government website that collects payments to federal agencies, has added PayPal and Dwolla to its list of options.
With Chinese financial institutions playing hardball, Apple's new payments system may not make its way to the country anytime soon, according to MarketWatch.
The Mobile World Congress event is a vital one for Samsung. Along with the Galaxy S6, we'll be watching for new wearables and a mobile payments system.
As Apple strives to expand its mobile payments system to more businesses, JetBlue becomes the first airline to accept Apple Pay, says USA Today.
The e-commerce company will cut 2,400 postions this quarter and is mulling selling off its eBay Enterprise unit ahead of the spin out of its PayPal payments service.