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‘mobile payments’ Stories

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

PayPal rumored to offer Square-like service

, Mar 12th 2012 Discuss [3]

PayPal has made a lot of advancements in a very short period of time. In just the last several months, the company has launched Near Field Communication (NFC) contactless payment exchange between phones, it enabled users to deposit checks via a mobile app, and it rolled out the ability to pay at the retail point-of-sale at virually all Home Depot locations. Now, it's going to the next step. Read The Full Story

PaymentOne mobile payment service set for huge rebranding

, Mar 12th 2012 Discuss [1]

PaymentOne, a company that specializes in the largely untapped market of billing non-mobile charges to a user's mobile phone account, is now PayOne and it plans to aggressively move forward in its endeavors. 2012 will be the year of mobile payment advancement and while PayOne is different than what we've been focused on (namely NFC technology) it fits nicely into that growing trend of using your phone to pay for stuff. Read The Full Story

Green Dot acquires mobile technology company Loopt

, Mar 9th 2012 Discuss [1]

Green Dot, a leader in prepaid debit cards, has acquired Loopt to increase its presence in the mobile sector, a move that symbolizes just how strong the link between banking and mobile has become. Neither company has given an indication of exactly what the new partnership will focus on, but Green Dot says it is necessary to keep up-to-date in the mobile space given all the changes that are underway. Read The Full Story

Isis mobile payment platform is almost ready

, Mar 9th 2012 Discuss [0]

Isis has a booth on display at the SXSW show in Austin, Texas this week. Austin is one of the platform's pilot cities, and will be able to start accepting Isis payments in the summer. The Isis team, which is made up of a joint venture between Verizon, AT&T, and T-Mobile, released a new video to show how the service will work once it goes live. Read The Full Story

Juniper says NFC payments will hit $74 billion by 2015

, Mar 8th 2012 Discuss [0]

Let's face it. If you've actually paid for somethiing using software and hardware that's built into your phone, you're in the significantly vast minority. That is, at least, assuming you live in the US. But in just a few years, if it's not part of your daily routine you may look as outdated as someone who doesn't have a smartphone today. This trend is going to grow, and it's gonna grow quickly. Read The Full Story

PayPal hits the bar scene

, Mar 6th 2012 Discuss [1]

"Hey, bartender; I'll have a Jack and Coke. And put it on my PayPal account." That's the reality of a new partnership between Ebay's digital payment platform and an Austin, Texas-based startup called Tabbedout. The nascent company has a namesake app that allows customers to settle their bar taps from their phone without needing to wait for the waiter or bartender. Read The Full Story

Square iPads optimized for New York cabs unveiled

, Mar 6th 2012 Discuss [0]

Mobile payment pioneer Square has revealed its design for custom-fitted iPads that will sit in the back of New York City cabs to allow for users to pay with credit cards. In addition, the devices are equipped with special software that shows current location information and the current fare amount. It's part of a pilot program to introduce competition for in-taxi credit card payments. Read The Full Story

Samsung Galaxy S III due April with NFC push tip marketeers

Samsung will launch the Galaxy S III in April, a Samsung-affiliated marketing executive has apparently confirmed, with a UK campaign tying the much-anticipated smartphone into the 2012 Olympics tipped. An April release had been tipped previously, but according to ZDNet Korea the Chiel Worldwide marketing agency has confirmed that a huge promotion will kick off that month for the Android device.

Read The Full Story

Square in-taxi payments approved

, Mar 1st 2012 Discuss [0]

You'll soon be able to pay for your cab fare via an iPad embedded into the cab. The company that will be providing the credit card processing technology - and the iPads - is Square, an emerging leader in credit card acceptanced for small businesses. The company offers an iPhone/iPad peripheral that allows anyone with a bank account to accept instant credit card payments. And the start-up cost is free. Read The Full Story

Home Depot PayPal payment pilot set for chainwide rollout

, Feb 28th 2012 Discuss [6]

After an apparently massive success with its trial of accepting PayPal payments at the point of sale, Home Depot has decided to bring the revoutionary POS technology to nearly all of its 2,000 stores in the US. It's the first time in recent memory that a major retail chain has allowed a way to pay at the register that doesn't actually require customers to have a physical product (whether it's a credit card, a mobile phone, or a dollar bill). Read The Full Story

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