Mobile payments
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The number of startups hoping to break through into the world of payments appears to be shrinking a little bit more. Flint Mobile, a startup backed by the likes of Verizon and True Ventures, has ceased payment operations, and this week it started directing its customers to use Stripe for payments services. The shutdown has been slow and confusing, it seems. We have been trying to reach out… Read More
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Google confirmed it’s now running a limited promotion in the U.S. dubbed “Tap 10,” which is aimed at increasing usage of its Android Pay mobile payments service, a rival to Apple Pay and others. Some Android users are being gifted rewards like a free Chromecast or free songs, movies, or subscriptions on Google Play in exchange for using Android Pay at local stores. The… Read More
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Appcelerator has been acquired. The mobile app development platform that counts the likes of T-Mobile, PayPal and GameStop among its customers has been bought by the B2B enterprise company Axway in an all-cash deal.
Chances are, Axway isn’t a company you’re necessarily familiar with, but it’s a large publicly traded company with headquarters in Scottsdale, Arizona… Read More
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Just five years ago the world was a very different place. In 2010, the iPad had just made its debut, Kickstarter was introducing a new form of venture capitalism that would change the face of fundraising and Square was letting vendors of any size accept payment with a swipe of a card on a mobile device. And we haven’t looked back. The next five years will no doubt unleash products and… Read More
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On the heels of reports that Apple Pay is gearing up for a February launch of Apple Pay in China, the country’s biggest credit card company has entered into a JV with a mobile payments startup out of the UK to take its own steps into smartphone-based transactions. UnionPay, the state-run company that controls debit and credit card payments processing in China, has inked a 10-year… Read More
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In an effort to kickstart its mobile payments solution, Android Pay, Google this morning announced a holiday campaign that will see the tech giant donating up to a million dollars toward special education projects in partnership with nonprofit DonorsChoose.org. This is the first time Google has ever worked with an NGO on a mobile payments campaign, the company notes. However, it’s not… Read More
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Getting lots of money from point A to point B is pretty easy if you have lots of money. If you want to send a little money, however, you run into a lot of problems. That’s where TransferTo comes in. The company, which was founded in 2006 but has recently hit its stride in the international remittance world, can send small amounts of money around the world and customers can receive… Read More
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Big retail is looking to carve out a piece of the mobile payments pie, where competitors like Apple Pay, Android Pay, Samsung Pay, PayPal, Square and others now battle. This week, the retailer-backed mobile payments consortium MCX announced it would be the premier partner for the newly unveiled mobile payments platform Chase Pay from JP Morgan Chase. Read More
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While the “year of Apple Pay,” as Apple CEO Tim Cook dubbed 2015, still has a ways to go, the product’s first anniversary is rapidly approaching. And, considering Android Pay’s recent unveiling, it seems that its competitors are, as well. So, as we prepare to celebrate, the question is: How are things going? Read More
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