mobile payments

Green Dot acquires mobile technology company Loopt

Green Dot acquires mobile technology company Loopt

Green Dot, a leader in prepaid debit cards, has acquired Loopt to increase its presence in the mobile sector, a move that symbolizes just how strong the link between banking and mobile has become. Neither company has given an indication of exactly what the new partnership will focus on, but Green Dot says it is necessary to keep up-to-date in the mobile space given all the changes that are underway.

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Isis mobile payment platform is almost ready

Isis mobile payment platform is almost ready

Isis has a booth on display at the SXSW show in Austin, Texas this week. Austin is one of the platform's pilot cities, and will be able to start accepting Isis payments in the summer. The Isis team, which is made up of a joint venture between Verizon, AT&T, and T-Mobile, released a new video to show how the service will work once it goes live.

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Juniper says NFC payments will hit $74 billion by 2015

Juniper says NFC payments will hit $74 billion by 2015

Let's face it. If you've actually paid for somethiing using software and hardware that's built into your phone, you're in the significantly vast minority. That is, at least, assuming you live in the US. But in just a few years, if it's not part of your daily routine you may look as outdated as someone who doesn't have a smartphone today. This trend is going to grow, and it's gonna grow quickly.

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PayPal hits the bar scene

PayPal hits the bar scene

"Hey, bartender; I'll have a Jack and Coke. And put it on my PayPal account." That's the reality of a new partnership between Ebay's digital payment platform and an Austin, Texas-based startup called Tabbedout. The nascent company has a namesake app that allows customers to settle their bar taps from their phone without needing to wait for the waiter or bartender.

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Square iPads optimized for New York cabs unveiled

Square iPads optimized for New York cabs unveiled

Mobile payment pioneer Square has revealed its design for custom-fitted iPads that will sit in the back of New York City cabs to allow for users to pay with credit cards. In addition, the devices are equipped with special software that shows current location information and the current fare amount. It's part of a pilot program to introduce competition for in-taxi credit card payments.

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Samsung Galaxy S III due April with NFC push tip marketeers

Samsung Galaxy S III due April with NFC push tip marketeers

Samsung will launch the Galaxy S III in April, a Samsung-affiliated marketing executive has apparently confirmed, with a UK campaign tying the much-anticipated smartphone into the 2012 Olympics tipped. An April release had been tipped previously, but according to ZDNet Korea the Chiel Worldwide marketing agency has confirmed that a huge promotion will kick off that month for the Android device.

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Square in-taxi payments approved

Square in-taxi payments approved

You'll soon be able to pay for your cab fare via an iPad embedded into the cab. The company that will be providing the credit card processing technology - and the iPads - is Square, an emerging leader in credit card acceptanced for small businesses. The company offers an iPhone/iPad peripheral that allows anyone with a bank account to accept instant credit card payments. And the start-up cost is free.

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Home Depot PayPal payment pilot set for chainwide rollout

Home Depot PayPal payment pilot set for chainwide rollout

After an apparently massive success with its trial of accepting PayPal payments at the point of sale, Home Depot has decided to bring the revoutionary POS technology to nearly all of its 2,000 stores in the US. It's the first time in recent memory that a major retail chain has allowed a way to pay at the register that doesn't actually require customers to have a physical product (whether it's a credit card, a mobile phone, or a dollar bill).

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P2P Google Bucks mentioned by Google’s Schmidt

P2P Google Bucks mentioned by Google’s Schmidt

Upon being asked a question about mobile payment - or being pitched an idea about doing peer to peer payments, as it was, Google's Eric Schmidt responded with a treat of a forgone technology not oft, if ever, spoken about in public. It's Google Bucks, and though it was only tested internally apparently, it was a peer-to-peer payment system that may well have been ready to take place in the real world had such a technology been rendered essentially useless via laws restricting payment in such ways.

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Google Wallet reopens for prepaid cards, adds transfer block

Google Wallet reopens for prepaid cards, adds transfer block

Google has reopened its Google Wallet mobile payments service to prepaid cards, having slammed the door on new additions after the discovery of a potential hack, while also delivering a fix that it claims will make the system more secure for users. No evidence of actual abuse has been identified as a result of the hack, the company's commerce team insisted, which allows the Google Wallet PIN to be revealed on Android devices that have been rooted.

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