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Tech

Payment system provider VeriFone is arming its merchants and retailers with new tools to handle the evolutions in commerce. At the National Retail Federation convention this week, the company, is demonstrating how it can help merchants become more mobile, more responsive and dynamic. Read More »

VeriFone is looking to become not just a seller of point-of-sale terminals but a provider of managed services for merchants, whic will need help in transitioning to new alternative payment systems like NFC. VeriFone projects half its revenue in 2015 will be from services. Read More »

 
 

VeriFone buys Global Bay to win mobile retail market

VeriFone, which makes the PayWare card swipe sleeve and app, is doubling down on its retail mobile strategy by buying Global Bay Mobile, which provides a suite of mobile software for smartphones and tablets that enable sales people to engage customers away from the POS terminal. Read More »

It’s still too early to say when they Year of Mobile payments will happen. But the important lesson is that mobile payments can’t rely on payments alone to sell itself; it will take a lot of new valuable services to convince consumers and merchants. Read More »

One thing is clear: Investors love Square, the payments company co-founded by Jack Dorsey, the co-creator of Twitter. The veteran venture capital firm of Kleiner Perkins Caufield & Byers is leading the $100 million investment in the company that is said to be valued at $1… Read More »

It’s unlikely you missed the big brouhaha between San Francisco-based startup Square and VeriFone, a payment processing services provider. VeriFone accused Square of not being secure and being easily hackable. Dorsey denied. This week’s dust-up makes me wonder if VeriFone quite understands its own business. Read More »

Square founder and CEO Jack Dorsey responded to VeriFone’s much publicized and questionable attack on its security with an understated letter that defends his mobile payment system’s protections, saying VeriFone’s claims are neither fair or accurate and don’t reflect existing protections in Square and credit cards. Read More »

Square, a mobile payments startup co-founded by Twitter creator Jack Dorsey, launched today. It allows anyone to accept payments via mobile phones such as the iPhone and Android-based devices. But the company needs more than hardware to keep ahead of competitors such as VeriFone. Read More »

Are You Ready for iEconomy?

Jack Dorsey’s Square, Incase, Verifone and now Mophie — these companies have developed credit card readers and are turning the iPhone/iPod touch platform into a new kind of economic engine. All they have to do is get Apple to play ball and get consumers savvy about… Read More »

VeriFone today announced PAYware Mobile, a service that includes VeriFone’s mobile payment system, as well as a card reader disguised as an iPhone sleeve that can be used by merchants to swipe cards and accept payments. The product is likely to ship in January 2010. Read More »

After layoffs last month and an Associated Press article today pointed out that NebuAd has little or no future based on its business model of using deep packet inspection technology to insert advertising into a consumer’s web site based on their surfing habits, the… Read More »

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