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…
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…
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…
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…
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…
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 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…
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, 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…
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…
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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