mobile payment

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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Amazon reportedly acquires startup Gopago amidst “ambitious” project

Amazon reportedly acquires startup Gopago amidst “ambitious” project

A couple of Italian newspapers are reporting that Amazon acquired a mobile payment startup, Gopago, something reportedly taking place amidst work on an "ambitious project". What this project is wasn't detailed, but it reportedly is the basis for Amazon's interest in Gopago -- namely, in the startup's technology. Amazon and Gopago haven't announced the business move, but it seems founder Vincenzo Di Nicola has spoken with Italian newspaper Repubblica.

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Square Reader v.2 gets slimmer with boosted swiping

Square Reader v.2 gets slimmer with boosted swiping

Mobile payments provider Square has updated its Square Reader dongle, slimming the card-swipe attachment by 45-percent, and supposedly improving performance to increase the chance of a successful scan first time. The new reader, which will be offered free to businesses using Square to process their credit and debit card transactions, makes use of a custom-designed magnetic stripe reader-head, of Square's own creation rather than an off-the-shelf component.

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PayPal Beacon promises touch-free mobile payments with Bluetooth LE

PayPal Beacon promises touch-free mobile payments with Bluetooth LE

PayPal has launched Beacon, a new mobile payment dongle using Bluetooth LE for hands-free transactions, and with installation as easy as plugging in a wall-wart. PayPal Beacon hooks up via Bluetooth Low Energy to the PayPal app on their smartphone, automatically letting them check-in - with a quick vibration to show that it's happened - and then allowing for a final check-out without needing to touch the device at all.

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Isis Mobile Wallet brings NFC to the payment counter, will roll out nationwide

Isis Mobile Wallet brings NFC to the payment counter, will roll out nationwide

Isis, the joint venture between T-Mobile, Verizon, and AT&T, allows for NFC-based tap-to-pay (and redeem) transactions at the counter. The service was initially rolled out in two locations: Salt Lake City, Utah, and Austin, Texas. Both initial locations were stamped as successful, and now plans have been announced to roll out the service nationwide sometime later this year.

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