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‘mobile payments’ Stories

Google slips TxVia into its Wallet

Google has purchased a company called TxVia to beef up its Google Wallet service. TxVia is a payment technology company the Google says will help accelerate its vision to the full Google Wallet experience. TxVia is a technology pioneer according to Google with technology for fast, flexible, and reliable payment platforms. Read The Full Story

Global Payments hacked, 50,000 cardholders at risk

, Mar 30th 2012 Discuss [4]

Global Payments, a third-party payment card processor, has been hacked this morning, according to sources who spoke to the WSJ. The security breach puts nearly 50,000 Visa and MasterCard holders at risk. Both major credit card issuing agencies have alerted customers and asserted that their own systems are still secure. Read The Full Story

PayPal’s mobile VP promoted to president

, Mar 29th 2012 Discuss [0]

If you needed another indication that mobile payments are PayPal's future, David Marcus is all the proof you need. Marcus was the top dog in the company's mobile division, and under his leadership a whole bevy of new mobile initiatives have launched. Now, he'll oversee the entire Ebay-owned online payment platform. Ebay announced the structural change today, and it means PayPal will continue to steam ahead in this still-nascent market. Read The Full Story

Fandango says Hunger Games set records

, Mar 26th 2012 Discuss [0]

The Hunger Games is beaming with pride after it set multiple records in its first few days in theaters. Among the most impressive was that, raking in $155 million, it had the highest opening weekend at the box office for a non-sequel. It performed at levels usually reserved for established movie franchises like Harry Potter or Star Wars. In addition, Fandango is saying that its ticket purchasing platform was more popular than ever. Read The Full Story

Google Wallet may share revenue to boost adoption

, Mar 21st 2012 Discuss [0]

Google may consider sharing revenue from its Google Wallet mobile payment service in order to garner much needed support from carriers, according to insider sources who spoke with Bloomberg. The service has been struggling with slow adoption and indifference from major carriers, such as Verizon and AT&T, both of which appear to be holding out for their own mobile payment solution called Isis. Read The Full Story

Eventbrite goes mobile for ticket sales at the door

, Mar 20th 2012 Discuss [2]

Ticket sales platform Eventbrite is trying to differentiate itself from the many other ticketing sites out there by offering something that sites like StubHub and SeatGeek can't - the ability to buy your tickets outside the theater or arena, by just swiping your credit card. Of course, it also works if you want to buy a ticket in advance, but the startup is branding this new platform with the name "At The Door." Read The Full Story

PayPal VP jumps ship to Square

, Mar 20th 2012 Discuss [0]

Almost immediately after PayPal became a legitimate competitor to mobile payment innovator Square, one of the company's vice presidents decided she would rather work for the new up-and-comer. Square's dominance in the market of expanding the way people pay with their phones is going to be put to the test, and it needs someone to guide the company in the right direction. Read The Full Story

Samsung Galaxy Nexus will hit Sprint April 15 says rumor

, Mar 19th 2012 Discuss [9]

The latest entry in what is the closest to being "the official" Android product line will be available on a new carrier less than a month from now. That is to say, Samsung's Galaxy Nexus phone, which Google had an active hand in developing, will be losing its Verizon exclusivity and moving to the Sprint network on April 15, complete with the ability to connect to the new carrier's 4G LTE infrastructure. Read The Full Story

Mastercard’s transactions to double by 2018 thanks to mobile payments

, Mar 16th 2012 Discuss [1]

The number of transactions that are handled by Mastercard's payment services is expected to almost double in the next six years, to 53 billion. The reason, according to analysts, is because of the company's extensive growth in the world of mobile payments. It's a segment that is seeing a lot of attention right now, and one that will enable Mastercard to get billions of new customers. Read The Full Story

PayPal Here demonstrated for mobile payments

, Mar 15th 2012 Discuss [2]

This week the folks at PayPal have revealed a mobile payment project aiming to take on the already popular Square platform, working with a triangular piece of hardware that plugs into your iPhone. This new project is set to be titled "PayPal Here" and will be plugging in to your headphone jacks soon, complete with a "wing" hinge which keeps the hardware steady as you swipe your credit card through. The app that goes with the hardware goes by the name PayPal Here as well, these two pieces of the equation adding up to your ability to take payments from anyone with a credit card anywhere you like. Read The Full Story

Geode turns your iPhone into a virtual wallet

, Mar 14th 2012 Discuss [2]

There's been a lot of talk lately about Near Field Communication (NFC) technology and its ability to turn your phone into a virtual credit card, or potentially even allow you to use other payment providers as through they were a credit card. But the problem is this only applies to you if you have a certain phone (not the iPhone), you bank at certain financial institutions, and you live in certain areas of the country. Read The Full Story

PayPal digital wallet introduced

, Mar 13th 2012 Discuss [0]

PayPal has just lifted off the covers of its new digital wallet platform, which now only aims to further increase its presence in emerging digital payments but also adds some new and interesting features to the market. For example, users can specify various rules for automatically selecting a specific payment method based on purchase price or merchant. It will reportedly replace the existing PayPal.com home page, which hasn't been updated in years. Read The Full Story

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