Mobile payments
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Apple has a new partnership in place with USA Technologies that will help it accept Apple Pay at approximately 200,000 in-use self-serve payment terminals, 9to5Mac reports. The roll-out will bring Apple Pay to coffee machines, snack dispensers, laundromats, goods kiosks, amusement part ticket machines, car wastes, transit ticket and taxi terminals and more. USA Technologies has a list of… Read More
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Google is reportedly eyeing up an acquisition of Softcard to expand Google Wallet services to more points of sale with retailers; but it also wants to grow its position in the wider world of mobile-based transactions to compete with the likes of PayPal, by way of its Instant Buy API. Originally launched for Android in 2013, today the Instant Buy API is taking a step forward: Google is looking… Read More
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Apple is working to expand the reach of Apple Pay, and its next major destination might be the gas pumps. Chevron’s official Twitter account revealed yesterday (via Business Insider) that the gas company is working to make Apple Pay available at its fill-up stations in the U.S. Pump payments are a key ingredient to making Apple Pay truly a convenient, complete replacement for… Read More
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Just days after Dutch digital commerce provider Adyen announced a $250 million round of funding, another heavily capitalised player in the space has made an acquisition to up its game. Mozido, a mobile commerce specialist that raised $185 million in October 2014 after raising $103 million in May, has taken a majority stake in CorFire, another mobile commerce startup that focuses on… Read More
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It’s a little more modest than the $100 million in funding announced last month, but Revel Systems, makers of an iPad point-of-sale product of the same name, is picking up yet more capital. This time, it’s a grant of $1.2 million, from Invest Northern Ireland, for Revel to open an office in the capital of Belfast.
The office in Northern Ireland will be used to expand the… Read More
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Daum Kakao, one of the largest Internet companies in South Korea, has launched a mobile payment platform called BankWalletKakao as it addresses concerns about its ability to grow in international markets. Daum Kakao was formed last month by the merger of Daum, one of South Korea’s largest Internet portals and search engines, with Kakao, the maker of KakaoTalk, South Korea’s most… Read More
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While PayPal continues to work out its frenemy relationship with Apple, and figure out how it will chart its life as a company separate from its owner eBay, its mobile and developer-friendly payments subsidiary Braintree, acquired in 2013 for $800 million, is launching a new service that will let merchants sign up to the platform with only an email address, URL and short company description. Read More
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In a virtual press conference today, MCX‘s CEO Dekkers Davidson said “We’re agnostic about technology. We started with QR code-based technology that allows us to go to market broadly. If we need, we can pivot to NFC.” That means if retailers strongly prefer the NFC system used by Apple Pay to MCX’s mobile payment app CurrentC’s QR code system, CurrentC… Read More
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Flint Mobile, a point-of-sale mobile payments solution originally built around snapping photos of your credit card instead of dongles or using other hardware to make payments, is today announcing that it has raised another $9.4 million in funding led by new, strategic investor Verizon via its Verizon Ventures arm; as well as an expansion of its service to the wider internet in a new… Read More
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