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PayPal rolls out free mobile payment processing

PayPal rolls out free mobile payment processing
  • Posted May 15, 2013, 10:00 AM by Dave LeClair | Filed in Mobile Computing, Industry News
  • Processing credit cards can eat up a good chunk of businesses' profits. Fees add up quickly, which is one of the reasons why some places still impose minimum purchase amounts for credit card transactions. With this in mind, PayPal has…

Amazon patent outlines an anonymous mobile payment system

Amazon patent outlines an anonymous mobile payment system
  • Posted April 17, 2013, 2:30 PM by Shawn Knight | Filed in Industry News
  • Amazon may be preparing to launch an anonymous mobile payment system as evident by a patent application published yesterday by the U.S. Patent and Trademark Office. Originally filed for in April 2009, the service would allow people to purchase items…

Groupon begins nationwide rollout of mobile payment system

Groupon begins nationwide rollout of mobile payment system
  • Posted September 19, 2012, 3:00 PM by Shawn Knight | Filed in Industry News
  • Daily deals specialist Groupon has entered the mobile payment game with hopes to gain market share by undercutting the competition. The new service, Groupon Payments, is built into the latest version of the Groupon Merchants app for the iPhone and…

Square closes $200 million round of financing, valued at $3.25 billion

Square closes $200 million round of financing, valued at $3.25 billion
  • Posted September 17, 2012, 6:30 PM by Shawn Knight | Filed in Industry News
  • Budding mobile payment company Square has closed a Series D round of financing led by Citi Ventures, Rizvi Traverse Management and Starbucks Coffee that brought in another $200 million. It’s more good news for the company as they have additionally…

Square to process credit cards with no swipe fees for $275/mo

Square to process credit cards with no swipe fees for $275/mo
  • Posted August 16, 2012, 6:00 PM by Rick Burgess | Filed in Mobile Computing, Industry News
  • Popular mobile payment processor Square has debuted a new plan which promises to do away with swipe fees. For small businesses generating less than $250,000 annually in credit card payments, Square now offers the option to either stick with its…

Square to become payment processor for Starbucks

Square to become payment processor for Starbucks
  • Posted August 8, 2012, 5:00 PM by Rick Burgess | Filed in Industry News, Mobile Computing
  • Starbucks, a company known for its forward-thinking nature and $1.95 cups of coffee, has made a deal with credit card processing outfit Square. Square will be providing the popular caffeine-based franchise with its payment processing services while Starbucks invests a…

PayPal acquires mobile payment facilitator card.io

PayPal acquires mobile payment facilitator card.io
  • Posted July 18, 2012, 11:30 AM by Shawn Knight | Filed in Industry News With Video
  • PayPal recently announced that they have acquired mobile payment facilitator card.io, a San Francisco-based company that provides software for developers to use the camera on smartphones to capture and process credit card information. The eBay subsidiary has been using card.io…

Samsung takes a different approach to NFC with TecTiles

Samsung takes a different approach to NFC with TecTiles
  • Posted June 13, 2012, 12:00 PM by Shawn Knight | Filed in Mobile Computing, Industry News With Video
  • The idea of a mobile payment system using Near Field Communication (NFC) has been a topic of conversation for some time now. Companies like Google have taken some of the first steps to implement this technology in the real world…

Isis announces banking partners, mobile payments trial set for mid-2012

Isis announces banking partners, mobile payments trial set for mid-2012
  • Posted February 27, 2012, 2:00 PM by Jose Vilches | Filed in Industry News, Mobile Computing
  • Isis, a mobile-payments joint venture born from an alliance between Verizon Wireless, AT&T, and T-Mobile USA, announced today that it will begin trials in mid-2012 with three card services partners: Chase, Capital One and Barclaycard. The partnership was unveiled at…

Google Wallet PIN vulnerable on rooted Android devices

Google Wallet PIN vulnerable on rooted Android devices
  • Posted February 9, 2012, 9:57 AM by Jose Vilches | Filed in Mobile Computing, IT Security With Video
  • Security researchers over at zvelo have discovered a vulnerability in Google Wallet that could expose users' PIN codes to a brute-force attack. The flaw only affects users who have rooted their Android smartphone, so most people won't need to worry…

Moneto brings mobile payments to iPhone, Android through NFC add-on

Moneto brings mobile payments to iPhone, Android through NFC add-on
  • Posted January 11, 2012, 11:30 AM by Jose Vilches | Filed in Mobile Computing, Industry News With Video
  • The idea of using our smartphone to pay for products, although already widely implemented in some countries, is just starting to gain traction in the U.S. with the launch of Google Wallet. It'll be a while before any mobile wallet…

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