mobile payments

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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Social goes shopping with Facebook ‘Buy’ feature

Social goes shopping with Facebook ‘Buy’ feature

You may soon get the option to buy something neat you find via Facebook. The company has announced they are testing a “Buy” button on posts which would let you purchase an item on display right from Facebook. The service works from either desktop or mobile.

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iTunes Pass lets you skip the card, go straight to the credit

iTunes Pass lets you skip the card, go straight to the credit

Technology has alleviated our need for many physical products, like DVDs or CDs. Apple may be trying to do away with more plastic, as a recently launched service in Japan allows users to get iTunes Store credit without even snatching a gift card. Called iTunes Pass, the program uses a familiar app to hold onto the credit.

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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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Domino’s Pizza adds Google Wallet to Android app

Domino’s Pizza adds Google Wallet to Android app

Domino's Pizza has added Google Wallet support to its Android app, allowing hungry users to get an Ultimate Pepperoni Feast headed their way even quicker than before. The updated app now supports Google's mobile payments service - which many Android users will have set up already, to use the Play store - rather than requiring credit card details be entered each time an order is place.

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Facebook wants you to trust it with your money

Facebook wants you to trust it with your money

Facebook is preparing to challenge PayPal and Google Wallet as an electronic payments service, reportedly expecting imminent regulatory approval that would enable it to operate a money transfer system in Europe. The social networking behemoth is said to be in the midst of approval proceedings from Ireland's central bank that, if secured, would allow it to issue its own currency equivalent that would be valid across European countries.

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Nod to Pay turns Glass into mobile Bitcoin wallet

Nod to Pay turns Glass into mobile Bitcoin wallet

A Dutch start-up wants to make Bitcoin payments as easy as nodding your head, with EAZE revealing "Nod to Pay" using Google Glass, the virtual currency, and QR codes. Triggered by the voice command "OK Glass, make a payment" and then finalized by a simple nod gesture, the system makes payments a completely hands-off process.

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SQUA(RED) Square special edition dongle helps AIDS research

SQUA(RED) Square special edition dongle helps AIDS research

Mobile payments provider Square has launched a charitable version of its dongle to help AIDS research, with the SQUA(RED) Reader coming in bright red as its name suggests. Offered as an alternative to the regular white dongle, the SQUA(RED) version costs $10, of which 97.25-percent goes to the Global Fund for AIDS research.

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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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Square Cash makes requesting payments foolishly simple

Square Cash makes requesting payments foolishly simple

Square Cash has added a payment request option, allowing users to prompt a virtual cash collection simply by sending an email. Square launched Square Cash in October last year, as a way for friends and family to send each other money, but the app required proactivity on the part of the person paying. Now, though, the recipient can trigger a request themselves.

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Apple iPhone payments system reportedly in works

Apple iPhone payments system reportedly in works

Apple is building a comprehensive mobile payments system that would turn iPhones and iPads into ubiquitous credit card replacements, sources familiar with the scheme claim, taking on Google, PayPal, Square, and others in the process. The rumored system would build on Apple's existing EasyPay option in the Apple Store app for iOS, which allows shoppers to charge products in Apple Stores directly to the payment method associated with their iTunes account, by offering the same functionality to third-party retailers and those offering services within apps.

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