Mobile payments
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Boku Buys Germany’s Mopay In Carrier Billing Consolidation, Covering 5B Users
Boku — the U.S.-based startup that enables consumers to pay for goods on their phones by charging directly on to their phone bills or deducting from available phone credits — is today announcing it is acquiring Germany-based Mopay, one of its biggest competitors. The companies are not disclosing the financial terms of the purchase — we are still trying to find out and… Read More
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After Quietly Acquiring SnapSaves, Groupon Launches Snap, Paying You To Shop
Groupon continues apace with its plans to evolve from an online daily deals giant into a wider e-commerce player, with an emphasis on mobile and local purchases. Today the company is launching a new app called Snap — which provides iOS and Android users with a set list of products, and gives you money back when you purchase them, by way of a photographed and uploaded receipt. Snap… Read More
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Capital One Debuts A New Mobile Wallet App, Designed To Work With Apple Pay
Just ahead of Apple Pay’s public release, a top credit card provider, Capital One, has rolled out a new mobile wallet app for cardholders that will work with Apple’s forthcoming mobile payments platform to provide users with detailed information on their Apple Pay transactions, in addition to balance rewards access, and other features. The app was soft launched on iOS earlier… Read More
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PayPal Here Arrives On Android Tablets
PayPal Here, the company’s dongle-based mobile payments solution, is now available for Android tablets, the company announced this afternoon — a move that will address a large and growing swath of the tablet market. According to Gartner, PayPal notes, 62 percent of tablets sold last year run Android.
The PayPal Here application allows users to accept credit card and debit card… Read More
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Here’s Apple Pay In Action
Apple has revealed its mobile payments play, and it features NFC and Touch ID, as many expected. The system works as fast as they joked it did on stage – which is why in our demo we ran through a number of different payment scenarios. iWatch’s Killer Feature Could Be Two-Factor Authentication For Payments
How will Apple make us desperate to buy its smartwatch? By taking the risk and clumsiness out of mobile payments.
Imagine if your iWatch could recognize that your iPhone is within range as a pre-payment security check. The two could then connect to a retailer’s point of sale via Near Field Communication (NFC), and a “Pay $20 to Starbucks?” confirmation could pop up on your… Read More
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PayPal Expands Further Into Offline Retail And Mobile Payments With New PayPal Here SDK
PayPal this morning is rolling out a new product designed to help its business move further into offline retail. The company is launching the PayPal Here SDK (software development kit), which will help online merchants sell their products offline, while also allowing brick-and-mortar merchants a new entry point into the world of mobile commerce. PayPal Here, as you may recall, was introduced… Read More
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Isis Mobile Wallet Rebrands To Softcard To Distance From Militant Terror Group
Isis, the mobile wallet platform backed by AT&T, T-Mobile and Verizon, is rebranding. “In a few weeks, Isis Wallet will become Softcard. It’s a different name for the same great way to pay,” the company notes on its homepage. The move comes about two months after Isis announced that it would change its name, to distance itself from any association with the hardcore… Read More
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Three Trends That Will Make A Difference In Mobile Payments
In the summer of 2008, I was in Paris delivering a mobile payments presentation to the CEO of a French bank. At the end of the meeting, he asked me when we would see more than 50 percent of retail payments transactions in developed markets go through mobile. With unbending confidence, I responded that within the next five years the majority of consumer transactions in developed markets… Read More
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Amazon Launches Local Register, A Square Competitor With Lower Transaction Rates
Amazon has launched a Square and PayPal Here competitor called Local Register, which provides users with a free app and a $10 card reader, and charges merchants and anyone selling services who use it just 1.75 percent per swipe on both credit and debit transactions, so long as users sign up before October 31. That’s a special rate, and is a full percentage point lower than… Read More
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