The legal battle between Visa and its former European unit against U.K. retailers over $800 million in card fees has landed in favor of Visa, according to Bloomberg. Source: http://www.pymnts.com

Whoever said there’s no such thing as bad PR obviously wasn’t on the receiving end of the whooping that Rite Aid, CVS and CurrentC took last week over their decision to turn off support for Apple Pay in their stores.…

Alibaba Group and Youku Tudou are partnering to launch two programs that will allow Alibaba merchants the ability to market on  the leading Chinese video platform.  Alibaba owns a stake in Youku Todou. Source: http://www.pymnts.com

Apple Pay rival, PayPal just announced a linkup with McDonald’s (currently holds 35K+ locations) competitor, Burger King to launch a mobile payment service to Source: http://www.pymnts.com

American Express has rolled out its tokenization service designed specifically for online commerce and mobile device, the company said in a press release on Source: http://www.pymnts.com

Verifone is testing a program with MasterCard to feed payment-card-linked offers to a captive audience of taxi passengers in Las Vegas, Chain Store Age Source: http://www.pymnts.com

A “major flaw” has been discovered within Visa contactless cards, where thieves in the U.K. were to sidestep a £20 limit and charge as much as £999,999.99 as Source: http://www.pymnts.com

PayPal blocked some users from signing in with mobile devices to use the payment service on Sunday and Monday (Nov. 3 and 4), according to Product Source: http://www.pymnts.com

More ABC US news | ABC Health News It’s no great surprise that Peter Thiel might be hard to amaze right out of the gate with any product, as it is often Source: http://www.pymnts.com

A new, flashy and powerful competitor entering any arena can have any number of effects on the gladiators already slugging it out, a situation that the Source: http://www.pymnts.com