mobile payments

PayPal sues Google over stolen Wallet secrets

PayPal sues Google over stolen Wallet secrets

Google Wallet is only just official, and already it has its first lawsuit. PayPal has sprung out of the gate with accusations that Google used trade secrets gleaned from ex-PayPal employees now working on the Google Wallet project. According to the eBay-owned payments firm, ex-exec Osama Bedier took with him "intimate knowledge of PayPal's capabilities, strategies, plans, and market intelligence" which he disclosed to Google after being recruited by Stephanie Tilenius, previously SVP of North America and Global Products; part of Tilenius' agreement with PayPal was not to recruit its employees over to their new Google taskmasters.

Continue Reading

Google To Reveal Mobile-Payment Service On May 26?

Google To Reveal Mobile-Payment Service On May 26?

Being able to pay for your groceries with the swipe of your smartphone is certainly in the near future, as several companies are duking it out to be the first to offer a mobile payment system. According to Bloomberg, Google's offering may be revealed as early as this Thursday, May 26th.

Continue Reading

Orange Quick Tap NFC payments hands-on

Orange Quick Tap NFC payments hands-on

NFC payment systems on cellphones have been making headlines recently, with Apple, Google and others all tipped to be considering their own schemes, but carrier Orange UK has decided to go one stage further and actually launch a contactless payments service. Operated in partnership with Barclaycard, and working with over 50,000 stores across the UK already equipped with NFC terminals - from names including McDonalds, EAT, Subway, Boots and others - Orange "Quick Tap" will launch in an affordable Samsung phone, the Tocco Quick Tap. We caught up with the carrier for a very conveniently paid-for coffee to find out how the system works.

Continue Reading

Visa Announces Mobile Payments Plan, Most Comprehensive Say Analysts

Visa Announces Mobile Payments Plan, Most Comprehensive Say Analysts

Last week, Visa revealed that they were set to make a big announcement soon regarding their mobile payments strategy, and indeed they have today. They intend to launch their cross-channel digital wallet system in the U.S. and Canada by this fall. Their strategy is ambitious, but also deemed most comprehensive of all the mobile payments contenders, including Google, ISIS, and Sprint.

Continue Reading

Google Actively Recruiting Marketing Head for Mobile Wallet Efforts

Google Actively Recruiting Marketing Head for Mobile Wallet Efforts

Using your smartphone as your wallet, and being able to ditch the plastic cards may be getting closer. Google has been showing for some time that it is actively pursuing expanding NFC in many areas, and it looks like they have taken another step in that direction. They are actively recruiting an EMEA head of commerce marketing, and planning on expanding that division. Eric Schmidt said earlier this year that one of Google's strategic initiatives is to support adoption of mobile payments for Android, and they are making progress with the Nexus S 4G out yesterday supporting NFC.

Continue Reading

Visa Mobile Payments Announcement Coming Next Week

Visa Mobile Payments Announcement Coming Next Week

Visa CEO Joseph Saunders has just let loose that the company will be unveiling its mobile payments strategy as soon as next week. The mobile payments space is still a hazy area that many large companies are just beginning to explore. But generally the goal seems to be to replace consumer wallets with mobile devices for making purchases and then get control of that payment network to monetize it via transaction fees or advertising partnerships.

Continue Reading

ISIS NFC Mobile Payment System Scales Back, Not Butting Heads With Visa, MasterCard

ISIS NFC Mobile Payment System Scales Back, Not Butting Heads With Visa, MasterCard

Mobile payments are certainly the new frontier that many large companies are racing towards. The adoption of NFC (Near Field Communications) technology and a NFC-based payment network could usurp the traditional wallet. ISIS, a joint-venture NFC network between AT&T, T-Mobile, and Verizon initially had plans that would butt heads directly with Visa and MasterCard, but have today announced scaling back those ambitions.

Continue Reading

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17