mobile payment

Apple tipped to unveil iPhone Wallet next week

Apple tipped to unveil iPhone Wallet next week

Whenever Apple announces a new iPhone, it announces an entire ecosystem to go along with it. According to a source who shall not be named, part of that new ecosystem will be the iPhone Wallet, a mobile payment system that will try to venture in a retail world where others have gone to little or no success.

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Report: eBay wants to spin PayPal into standalone business

Report: eBay wants to spin PayPal into standalone business

PayPal is a strong player in the world of mobile payment solutions, and leans heavily on eBay for leverage in that realm. That’s because eBay owns PayPal, and uses them as an in-house payment processor. A new report suggests that the online marketplace may be looking to spin PayPal off as its own unit, likely making it more nimble in the process.

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Look out Square, Amazon Local Register is gunning for you

Look out Square, Amazon Local Register is gunning for you

Amazon has launched its Local Register card reader for retailers, taking on Square in the mobile payments space with what the online behemoth claims are segment-besting rates. Amazon's dinky dongle plugs into the headphone jack of an iPhone, iPad, or Android tablet - including, unsurprisingly, the company's own Kindle Fire HD and HDX - and accepts swiped credit and debit cards, though you'll have to pay upfront for the reader itself.

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Square picks up food delivery company Caviar

Square picks up food delivery company Caviar

If you frequent smaller diners or coffee shops, chances are you’ve seen Square in use as the point of sale system. The peer-to-peer transaction hub is the simplest way for many businesses to offer up credit transactions, but the company has been diversifying of late. The newest addition to Square brings your foodstuff to you, instead of you hitting the streets.

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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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