mobile payments

PayPal buys Paydiant, aims to challenge Apple, Google & Samsung

PayPal buys Paydiant, aims to challenge Apple, Google & Samsung

Today, PayPal is announcing their acquisition of Paydiant, a startup that produces mobile payment technology found in use with a variety of companies. Capital One and Subway are two notable clients, but one that might be more familiar to tech enthusiasts is CurrentC. Paydiant provides technology to Current C, the product of MCX, which is widely pointed to as the reason Apple Pay hasn’t seen a wider rollout. Terms of PayPal’s deal were not disclosed, but it looks like more than an intellectual property grab.

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Android Pay mobile payments framework gets offical

Android Pay mobile payments framework gets offical

First Apple Pay, then Samsung Pay, and now Android Pay. Google's Sundar Pichai has confirmed a new mobile payments system is in the pipeline, not just an app like Google Wallet, but a full service on which other companies would be free to build their own payments system. It's also being created with more than just NFC in mind, Pichai said, though the near-field technology for "tapping" to pay is likely to be the first way Android Pay payments will be made.

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SlashGear 101: What is Samsung Pay?

SlashGear 101: What is Samsung Pay?

You’ve heard of Apple Pay, you’ve heard of Google Wallet, but now there’s Samsung Pay, the South Korean company’s take on mobile payments. Debuting as a feature update on the new Samsung Galaxy S 6 and Galaxy S 6 edge later in 2015, Samsung Pay’s claim to greatness is that not only does it use NFC for transactions, as per Apple Pay, but that it can emulate a traditional card for use with older cash registers. Confused? Don’t fret; we’ve got you covered after the cut.

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Report: ‘Android Pay’ coming to Google I/O

Report: ‘Android Pay’ coming to Google I/O

At Google I/O in May, we’re likely going to see a lot of software-centric things for the crowd of Developers packed into Moscone West in San Francisco. Though it’s all about the Devs, Android users will still get insight on what’s in the pipeline. Part of the keynote and overall discussion will likely surround Google Wallet, which recently found its footing with carriers as Google acquired ‘technology’ from Softbank. A new report details that Google Wallet may soon have company in the form of Android Pay.

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Google/Softcard drop Windows Phone support

Google/Softcard drop Windows Phone support

Google Wallet has a long, intriguing past as a mobile payments provider. Recent news that Google was purchasing ‘technology’ from Softcard, a mobile payments startup founded by carriers to combat Wallet, only made their option more interesting to us. Though we’re not privy to the ins and outs of what the deal entails, we are learning that Windows Phone wasn’t invited to the party, as Google/Softcard have dropped the platform. There’s no evidence iOS is affected in any significant way, so this is an offensive on Windows mobile.

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Apple Pay lands support for 20 more banks and credit unions

Apple Pay lands support for 20 more banks and credit unions

Apple Pay is an interesting service that allows consumers to carry their credit cards inside their iPhone and use them without actually having to pull out a physical credit card. So far, there has been a good response to the service from consumer, banks and credit unions. Apple has announced that Apple Pay has recently landed 20 additional banks and credit unions expanding support.

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Samsung buys LoopPay — goes after Google Wallet, Apple Pay

Samsung buys LoopPay — goes after Google Wallet, Apple Pay

Two weeks ago, a report emerged that Samsung was looking to work a mobile payments processor into the Galaxy S6. LoopPay was alleged to be the system Samsung was leaning on. At the time, we collectively logged it into the memory bank as something that was plausible, and smart, but ultimately needed confirmation from Samsung before it was truly believable. Though we obviously don’t know what the Galaxy S6 has in store for us, Samsung just announced they purchased LoopPay.

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Tim Cook talks security, Apple Pay hits national parks

Tim Cook talks security, Apple Pay hits national parks

According to Tim Cook, Apple has been working with the United States government to get Apple Pay working in national parks across the nation. Starting in September, you'll be able to work with the iPhone 6 and iPhone 6 Plus to pay your way in to national parks - and probably pay for hotdogs, too. News of this update comes from Tim Cook speaking at a White House Summit on Cybersecurity and Consumer Protection. This should go a long way to proving to companies of all sorts that Apple Pay is here to stay.

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Cook says 2015 is ‘year of Apple Pay’, and he’s right

Cook says 2015 is ‘year of Apple Pay’, and he’s right

Tim Cook expects 2015 to be “the year of Apple Pay”. Saying thier mobile payment option is “off to a very strong start”, the Apple CEO noted that 750 banks and credit unions are Apple Pay partners, now. Cook also let loose another bombshell statistic: Apple Pay accounts for two-thirds of all contactless payments using Visa, American Express, or MasterCard. Furthermore, mobile payments at Whole Foods have increased 400% on the back of Apple Pay. Other retailers are experiencing similar success with the platform.

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Apple Pay deal will bring mobile payments to vending machines

Apple Pay deal will bring mobile payments to vending machines

Apple Pay is coming to the vending machine. In a deal struck with USA Technologies, Apple Pay will be available for around 200,000 self-serve payment terminals, including vending machines. Among the things you might find Apple Pay used with are coffee brewers, unmanned kiosks, laundry machines, pay-to-park terminals, or “other self-serve appliances”. The feature will be immediately available on machines running USA’s ePort cashless payment point-of-sale system, while others will need to be retrofitted with the proper hardware to accept Apple Pay.

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