mobile payments

Google Wallet worries: NFC stickers MIA

Google Wallet worries: NFC stickers MIA

Google Wallet may have launched yesterday, but with only one handset, the Nexus S 4G, supported at launch and no mention of the NFC sticker system revealed last May, it's unclear how fast the payments system will spread. Both Google's Wallet site and the official announcement are conspicuously vague on the stickers - which were, it was originally suggested, intended as a workaround for those without the WiMAX Android phone - and there's extra emphasis on the Secure Element system the search giant uses to lock up customers' credit card details.

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Verizon Brings Intuit GoPayment Smartphone Credit Card Reader Hardware to the Masses

Verizon Brings Intuit GoPayment Smartphone Credit Card Reader Hardware to the Masses

Now this certainly isn't the first time we've seen a credit card reader on a smartphone, that's for sure, anyone whose been in an Apple store in the past year or so will tell you how odd (yet awesome) it feels to have the sales counter literally be every Apple rep in the store, but what Verizon is providing here is a wholly new vision of the concept. What this "free" credit card hardware represents is an inexpensive way for everyone with a smartphone or tablet to get their hands on the ability to accept payments anywhere and at any time. Have the folks at Verizon lost their mind, giving this solution away for free, or have they hit the nail on the head?

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PayPal readying brick & mortar store till trial as Google launches credit card

PayPal readying brick & mortar store till trial as Google launches credit card

The competition in the electronic payments market continues to rage, with both Google and eBay looking beyond their current online and mobile payment options in an attempt to coerce more users and vendors to sign up. eBay's PayPal division, Forbes reports, is readying a trial of offline "point of sale" transaction support for brick and mortar retailers that will kick off later in 2011, while Google is setting up a credit card arm, Reuters reports, which will offer advertisers a way to buy ads now and pay for them later.

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ISIS Mobile Payment Network Adds MasterCard, Visa, And American Express

ISIS Mobile Payment Network Adds MasterCard, Visa, And American Express

The mobile payments arena was starting to look very fragmented with several different players each attempting to offer their own NFC-based system. Google announced their Google Wallet service in partnership with MasterCard, Visa hinted at its own service, while Discover teamed up with the ISIS network. But surprisingly, in an announcement today, it was revealed that MasterCard, Visa, and American Express have now all joined ISIS.

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MasterCard Partners With CSI For Mobile Payments App On Android, iOS, and BlackBerry

MasterCard Partners With CSI For Mobile Payments App On Android, iOS, and BlackBerry

In a strange move, MasterCard has gone on to partner with CSI for their own mobile payments app. The "tap to pay" convenience of mobile payments is expected to really expand next year, with competing services coming from the Google Walletservice, Visa, and ISIS. MasterCard was a partner for Google's Wallet service, so its not certain why they've branched off to push out a separate mobile wallet app.

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