mobile payment

iPhone 6 may have “secure element” for mobile payments

iPhone 6 may have “secure element” for mobile payments

One of the biggest drawbacks of the iPhone is the inability to pay for things via mobile. There’s no NFC capabilities in iOS, and it’s not clear if that’s on the way or not (though some believe it is). A new report suggests Apple is working with various credit card companies to hammer out a mobile payment option for future devices, and it could be the most secure method available.

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Square gets into the lending game with ‘Capital’

Square gets into the lending game with ‘Capital’

Recently, Square began lining up credit to the tune of $200 million. Speculation abounded regarding their intent, with most assuming a buyout may be on the table. The buyout hasn’t happened, but Square has started leveraging that credit to small businesses. With Square Capital, the payment processor is attempting to level the playing field even more.

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Square launches Order for the dangerously under-caffeinated

Square launches Order for the dangerously under-caffeinated

Square Wallet was never widely used or appreciated, leading to the company officially ditching it this morning. Order, a new (or revamped version of Wallet, depending on your take) app aims to bring much of the same functionality as Wallet, but gives you a head start on your purchases. You can now pre-order many items, and pay for them ahead of time.

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Amazon Coins virtual currency spreads to regular Android devices

Amazon Coins virtual currency spreads to regular Android devices

Amazon has opened up its virtual currency, Amazon Coins, for use across all Android devices, having originally limited it to its own Kindle Fire tablets. The digital cash, launched back in May 2013 as a way for Kindle Fire users to buy apps, media content, and in-app purchases, Coins can now be used in the Amazon Appstore in the US, UK, and Germany, hoping that Coins' rewards system will persuade people to skip other payment types.

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