payments
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PayPal Here Adds Windows Support, Will Launch An EMV Card Reader Later This Year
The PayPal Here card reader, PayPal’s hardware device that lets merchants accept credit and debit card payments through a dongle attached to their iOS or Android device, is being updated with support for EMV and contactless transactions, the payments company announced today at the National Retail Federation conference taking place this week in New York. An alternative to competitors… Read More
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Clinkle Pivots From Its Soured Brand To “Treats” For Sharing Discounts
Not since Color has a startup been as widely laughed at as the troubled Stanford payments startup Clinkle. So it’s little surprise that the company has changed the name of its app to “Treats”, as well as its direction. After seeing the company’s site had rebranded, I spoke with 23-year old CEO Lucas Duplan to find out how Treats will work. The private beta product… Read More
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Snapchat Now Lets You Send Money To Friends Through Snapcash Deal With Square Cash
While Venmo, Google Wallet, and more try to take a business approach to peer-to-peer payments, Snapchat today swooped in from the consumer side. It just added a “Snapcash” payments option to its app through a deal with Square Cash. Now you can add a debit card, type a dollar amount into Snapchat’s text-chat feature, and hit the green pay button to instantly send a… Read More
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CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees
Long before Apple Pay, big brick-and-mortar retail chains were conspiring to sidestep the typical 2% to 3% fees they’re charged by credit card companies when consumers pay with credit. A company called MCX (Merchant Customer Exchange), spearheaded by Walmart, was started to build a mobile payment solution that would become an app called CurrentC that’s preparing to launch, but… Read More
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On The Heels Of Apple Pay, Jumio Launches A Card-Scanning Mobile Checkout Product For Retailers’ iOS And Android Apps
Computer vision startup Jumio, best known for its payment card and ID-scanning technologies which allow end users to hold up their cards to a mobile device’s camera to simplify the process of entering in that data on small screens, is rolling out a new product today designed to improve the mobile checkout experience for retailers. Called “BAM Checkout,” the product is the… Read More
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Square Cash For iOS Now Lets You Send Money To Nearby Friends Via Bluetooth
Square Cash, the payments company’s mobile money app and competitor to Venmo, has today rolled out a new update that lets users send cash by way of Bluetooth Low Energy (BLE). Called “Nearby Payments,” this new feature works on devices running iOS 8, the company says, and offers an alternative to its previous means of sending money by way of text message, mobile number or… Read More
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Traxpay Raises $15M, Teams With MasterCard To Be The PayPal Of The B2B World
Traxpay, a German startup that has created a platform for businesses in a supply chain to make payments to each other — think PayPal for the B2B world, or an Alipay of the Western world — is making two significant announcements that point to the company’s global growth ambitions–specifically in the U.S. and Asia. First, it has raised another $15 million, in what… Read More
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Klarna Announces U.S. Team As It Plans For 2015 Launch In The U.S.
The payments market in the U.S. couldn’t be be more competitive, and now yet another player is entering the mix. Stockholm-based Klarna is set to announce its U.S. team ahead of expansion plans into North America, which will begin in earnest at the beginning of 2015. 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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PayPal Rolls Out One-Touch Mobile Checkout For Apps
Mobile commerce today is still challenging with complicated checkout flows that see users bouncing between screens, and having to tap out their personal information on tiny screens and keyboards. PayPal today is hoping to change that with the release of a new product called One Touch for merchants and app developers. Read More
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