mobile payments

Starbucks gets a shot of Square for in-store payments; Invests $25m

Starbucks gets a shot of Square for in-store payments; Invests $25m

Starbucks has inked a deal to use the Square payments system in its 7,000 US stores, as well as splashing out $25m of investment into the Square company itself. The deal, which will see credit and debit card transactions made using Square's Pay with Square app for iOS and Android as of this fall, is expected to increase the number of times card payments are made for smaller transactions that might traditionally have demanded cash or not met a minimum payment threshold for the retailer.

Continue Reading...

ViVOtech may be the first victim of slow NFC adoption

ViVOtech may be the first victim of slow NFC adoption

Last year, there was one subject that nobody could get enough of in the mobile industry: near field communication (NFC)-powered mobile payments. Google launched its digital Wallet service, and Verizon, T-Mobile, and AT&T announced an unparalleled joint venture to get in on the action as well. So a company trying to get in on the ground floor of NFC sure seemed like a good idea, but the problem is you never know what the future will bring.

Continue Reading...

VeriFone CEO disses Square

VeriFone CEO disses Square

31-year-old company VeriFone, which is facing competition in some of its industries for the first time thanks to the rise of alternative payment platforms, is starting to get a little testy. Instead of looking at Square as a viable threat to its decades of credit card processing monopolies, VeriFone instead thinks the company is going to implode, despite all the positive media attention it has received.

Continue Reading...

Square $200 million funding sought

Square $200 million funding sought

Mobile payment innovator Square is looking for another $200 million in funding in a deal that would value the entire company at $3.25 billion, a testament to just how powerful the once-lonely startup has become. These days, the Square brand is one of the most recognized brands in the mobile space and has spawned no shortage of copycats looking to follow after the empire it has created.

Continue Reading...

US mobile payment use has doubled

US mobile payment use has doubled

If you haven't used your mobile phone to initiates some kind of financial transaction, then you better get on board because it is quickly becoming the fastest-growing segment in the consumer financial world. According to IDC Financial Insights, the number of consumers using their smartphones to complete online or offline transactions has doubled as of May 2012.

Continue Reading...

NCR joins growing list of mobile payment operators

NCR joins growing list of mobile payment operators

You might not recognize the name NCR, but chances are you've interacted with some of its products. In fact, chances are you do so on a daily basis. It manufactures millions of point-of-sale terminals that are used at retail stores as well as barcode scanners, professional kiosks, ATMs, and more. And now it's stepping into the newest form of payment technology.

 

Continue Reading...

Square threatens legal action against mPowa

Square threatens legal action against mPowa

Mobile payment leader Square has issued a cease and desist letter to mPowa, one of the newest players in the emerging market of turning smartphones and tablets into portable credit card terminals. But the details aren't exactly what you'd expect. Square doesn't care about mPowa's technology; it cares about the picture mPowa is using in its promotional messaging.

Continue Reading...

LevelUp goes mobile payments without the fees

LevelUp goes mobile payments without the fees

Ever since mobile payment pioneer Square started making huge waves in the industry, everyone started swarming into the nascent segment of allowing smartphones to be turned into makeshift credit card terminals. And thus began a war from service providers to offer the lowest possible credit card swipe fees and still be profitable. So you knew this day had to come.

Continue Reading...

Paydiant brings QR code option to mobile payment landscape

Paydiant brings QR code option to mobile payment landscape

The newest entry to the wildly and rapidly growing mobile payment environment is a company called Paydiant. It doesn't expect you to rattle off its name when you're out talking with your friends about Square and PayPal (because we all do that all the time), but it does want you to realize there are other alternatives to traditional credit card payments, and it has its sights set on QR.

Continue Reading...

SlashGear Evening Wrap-Up: July 11, 2012

SlashGear Evening Wrap-Up: July 11, 2012

Happy Wednesday, everyone. It's 7/11 and here are the stories that made news in the world of tech today. First off, this is cool, even if you don't live in New York City - NYC payphones begin transition to Wi-Fi hotspots. Admittedly, if you're not in the NYC area, that's not super relevant, but gamers from all areas will appreciate this one - Mass Effect 3 Earth DLC officially confirmed by Bioware. And speaking of gaming, Marvell and OnLive team up to bring game streaming to Google TV.

Continue Reading...

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