Payment

After a long, painful transformation from an online auction site to a mobile-focused e-commerce hub, eBay is finally staging a comeback, online and on Wall Street. But auction sales don't account for its rousing recovery. For that, it has PayPal to thank.

They say necessity is the mother of invention. But for the young entrepreneurs behind WePay.com, necessity looked less maternal--and more like a confusing mishmash of cash and checks as they tried to collect money from friends to cover a bachelor-party tab. Their solution--a group payment epiphany...

Shopping via your cell phone could soon have a new meaning: Google is developing a new phone that it says will be able to transmit payment information to vendors more securely than credit cards. The shopaholics' phone will hit shelves in the next few weeks.

Lorrie Norrington, head of eBay's e-commerce division, says she is leaving the company for personal reasons. Her departure will leave more work for other executives, as well as questions about the division's rebound.

The smartphone revolution is about to upend another business: credit card processing. With Google's new Android pay-by-phone app and Square's new transaction hardware for iPhones, your plastic could become obsolete.

In a near perfect example of convergence, soon you'll be able to use your iPhone as a VISA card. Visa and DeviceFidelity have teamed up to introduce In2Pay, a case that turns your iPhone into a credit card. The resulting device will allow you to use the iPhone at approximately 150,000 retail...

Are you ready to give up cash and checks and start using your credit card exclusively? You might just be able to do that -- if you own a smartphone. Seems that now that almost everyone with a cell phone is quickly exchanging it for a smartphone, several companies are betting good money that these...

For many Americans, even with all the economic stress these days, tax time is a season of joy because it means tax returns will soon start showing up in their checking accounts. Whether the money is going to a vacation, sauna, new car or mortgage payments, these lucky souls are feeling pretty good...

Business as usual for credit-card holders means, of course, more bad news today. The banks are raising cardholders' late and over-limit fees and interest rates; USA Today delivers the sordid details. The lenders couch their rising interest rates as a means to offset unprecedented delinquency (when...

MySpace and Citi have teamed up to turn users of the ad strewn social networking site into a new generation of Citi controlled citizens. Generation Forward, as they are being called, are invited by Citi and MySpace to get a new kind of credit card, one that has its own manifesto, and also rewards...