mobile payments

VeriFone SAIL challenges Square payments

VeriFone SAIL challenges Square payments

VeriFone has officially revealed its mobile payments system, SAIL, the company's attempt to engage with smaller and independent retailers and steal business from Square. Previewed earlier this week, VeriFone SAIL supports not only mobile card readers for iOS and Android devices, plugging in via the 3.5mm headphone socket, but integration with the traditional VeriFone countertop cardreaders for use with NFC, mobile wallet and other technologies.

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MasterCard unveils PayPass Button and software

MasterCard unveils PayPass Button and software

MasterCard was one of the first companies to actively pursue contact payments in the US, and today they're announcing plants to incorporate their PayPass system across web and mobile platforms. In addition to the standard contactless PayPass kiosks that you've likely already seen in US gas stations and other retailers, MasterCard is readying the PayPass Button to sync payments for online merchants as well. In practice, it bears a striking resemblance to PayPal, with the benefit of being already integrated with your credit card.

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Charge Anywhere pioneers Blackberry NFC payments

Charge Anywhere pioneers Blackberry NFC payments

Among the many announcements to come out of Blackberry World today, mobile contactless technology had an undeniable, albeit not resoundingly huge, presence. One company that came out strong for the mobile payment side of things is Charge Anywhere, a startup that is looking to pioneer the way small businesses and individual consumers exchange money in real time. Today, it launched a mobile payment app for Blackberry.

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TGI Friday’s embraces mobile payments

TGI Friday’s embraces mobile payments

The next time you're out enjoying some wings and an over-priced hamburger, don't worry about opening up your wallet. You'll be able to pay your bill with your iPhone or Android phone. That is, if you're lucky enough to be at one of the 350 TGI Friday's locations that offers the new mobile payment technology. The special app for the restaurant is available on the App Store and Google Play.

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Square transactions reach $5 billion per year

Square transactions reach $5 billion per year

If anyone doubted the power of Square, which does one thing and does it well, here's a pretty salient fact for you - the company is processing transactions at a rate of $5 billion per year. Just a month ago, it was boasting of a rate of $4 billion per year. That's a 25% rate of growth in one month, and it's representative of how the market of mobile payments has exploded in the first half of 2012.

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Barclays PayTag slaps an NFC sticker on your cellphone

Barclays PayTag slaps an NFC sticker on your cellphone

Wireless smartphone payments needn't be complicated is the message UK bank Barclays is pushing today, eschewing integrated NFC with PayTag, a contactless payments sticker. Intended to be slapped on the back of your phone, the PayTag is basically the same technology as already in some credit cards, turning any phone - no matter how aged - into a digital wallet.

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eBay quarterly earnings see PayPal exploding

eBay quarterly earnings see PayPal exploding

There's no denying that eBay has been a force to be reckoned with in the online auction space here on the web for quite a few years - and today's earnings report supports that claim with a fury. That fury, on the other hand, is really based quite a bit on the power of PayPal, the online payment system acquired by eBay when it was clear that they were made for one another. As eBay grows, so too does PayPal - but the overall growth of the two looks just a bit sheepish compared to the growth of just PayPal alone.

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Pew Internet study: mobile payments will be ubiquitous in 2020

Pew Internet study: mobile payments will be ubiquitous in 2020

Eight years from now, taking our your wallet at the grocery store may make you look as outdated as the act of pulling out a cell phone and "flipping" it open is today. The majority of Americans believe that the majority of Americans will be fully engulfed in the world of mobile payments by 2020. Yes, it was kind of a circular question, but 65% of people said they believe the majority of Americans will embrace the mobile wallet.

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