Kristina is a market strategist and change agent focused on the cloud-enabled business and financial services technology. Her interest is in all…
No NFC payments left on WP
Google purchased Softcard earlier this week, and today it posted a support page about what to expect from the mobile wallet service in…
Cash, card or cryptocurrency?
After nearly a year of testing bitcoin payments with select customers, Stripe is making the cryptocurrency an option for all of its…
New life for Google Wallet?
Google Wallet may not have been the hit Google had hoped, but according to a news report, the Silicon Valley giant may…
Brother can you spare a pound?
For the first time, someone outside the U.S. will be able to use a Google Wallet to do something more than buy…
Ignoring the shift to EMV
Sunnyvale startup Qvivr is is building a universal credit card named Swyp , competing with the likes of LoopPay, Coin and Plastc, but it’s…
A recipe for tracking payments
If you’re a app developer or online merchant that uses Stripe to process your customers, you can now get some pretty nifty…
Revel Systems had something to celebrate today. The maker of point-of-sale terminals announced on Tuesday it has raised $100 million in a Series C round from private equity firm Welsh, Carson, Anderson & Stowe and other strategic investors.
With an email address and a company URL, European developers can now plug PayPal and credit card payments into their mobile apps and websites using Braintree’s new SDK.
Circle, one of the giants of the bitcoin world, is finally allowing the general public to try out the service. Its offering is tailored to the global market.
Stripe is starting to rack up payment processing deals with the heavyweights of social media, opening up huge potential for the growth of its credit card transactions business.
Square is making its already simple consumer payments network that much easier to use with a new SMS feature that lets you send funds to anyone with a mobile phone number.
Square Appointments will link client booking and staff scheduling tools to Square Register, which is becoming far more than just a payment processing app.
Square Register’s sales, refund and settlement data can now all be used as triggers for IFTTT recipes. A merchant can generate alerts whenever a sale occurs, or have a little more fun with smart appliances.
Having raised a $1 million seed round, PayStand isn’t just offering bitcoin as an option. It’s trying to drive consumers toward the crypto-currency by making it cheaper to buy goods with bitcoin than credit card.
Square turns on bitcoin as a payment option for all Square Market purchases. Merchants still get their payout in dollars, but like other payments platform providers, Square is courting the increasing number of bitcoin spenders.
Stripe, a payments provider for emerging startups, is exploring new types of currency transactions starting with bitcoin. It’s launched a bitcoin pilot among its customers, which it plans to expand into a beta trial.
NCR isn’t just going after Square with its iPad point-of-sale terminal Silver. It’s now challenging loyalty platform startups like Belly in its attempts to crack the small brick-and-mortar business.
Square is leveling the playing field for merchants who take their credit cards over the phone rather than swipe them with Reader. Instead of waiting a month to get paid, they’ll only wait 1-2 days.
The online payments firm has finally broken out of North America. However, in the time it’s taken to properly enter the European market, clone shop Rocket Internet has built a very strong competitor in the form of Paymill.
Zipmark, a payment system that rides on the existing checking network, is working to retire the traditional rent check. It has signed deals with rental payment portals and property management software companies that will enable tenants to pay with an electronic check.
PayPal is trying to lure in customers with new holiday promotions that allow shoppers to get pricing matching, free return shipping and free six-month financing. The deals apply to sales online, at eBay sites and in-store.
PayPal is letting go of 325 full time employees and 120 contractors as part of its restructuring under new CEO David Marcus. Marcus has been trying to make PayPal a more nimble organization built around mobile.
Groupon is increasing its bet on payments with the introduction of Breadcrumb, an iPad point of sale system designed for restaurants and hospitality customers. The move pits Groupon against Square Register and shows how Groupon continues to expand beyond daily deals.
Marqeta is trying to give merchants a Starbucks card-like approach to loyalty with a new card-based system that lets people preload cash on to a Marqeta card for a specific merchant, who throws in extra cash as a reward.
Braintree is enabling developers to start accepting payments in 30 minutes or less. The move helps it compete with PayPal and Stripe and pitch itself as a one-stop payment shop for growing merchants.
With no iPhone 5 support and multiple competing variants, mobile payments may be having an evolutionary emergence toward what many expect will…
Facebook is turning on new streamlined carrier billing mobile web payments thanks to an integration with Bango. The payments, which can boost conversions up to 77 percent compared to 40 percent for traditional carrer billing payments, are going live in the US, UK and Germany.
Online payment startup Stripe is expanding to Canada after debuting in the US last year as a simple tool for developers who want to take payments. The expansion is the first step in a plan to go global and enable payments anywhere on the Internet.
Kore Telematics, which provides cellular connectivity for business who want to span different countries and carriers, is seeing its business grow along with the number of machine to machine connections — especially in the medical device and mobile payments sector. The internet of things is coming.
Accepting payments online just got easier with WePay, which is offering simple payment buttons that can be installed on a website with online of code. That gives individuals and small merchants an easy way to get a business up and running online.
PayPal is partnering with Discover to greatly expand the number of merchant locations that will be able to handle its in-store payments. Starting in April, seven million locations in the U.S. will be able to handle PayPal payments.
Braintree, a payment processing company that serves Rovio, Uber, Fab.com and Airbnb, is paying $26.2 million to buy mobile payment startup Venmo. The deal will allow Braintree to expand on mobile payments, the fastest growing part of its business.
Dunkin Donuts’ first mobile app is debuting Thursday and it’s offering a way for people to pay via their iPhone or Android device. It works similar to one used by Starbucks, which has had a lot of success since it launched mobile payments.
Some of the biggest players in the mobile payment space including the four U.S. mobile carriers, Google, Isis, VeriFone and Intuit are joining a new mobile payment committee within the Electronic Transactions Association. It’s still too early to say what this cooperation will yield.
The line-up of Square rivals just got a bit longer today with the debut of GoPago Live, a mobile payment service for small businesses. GoPago’s twist is that its offering software and a tablet with 4G wireless, a receipt printer and cash drawer, all for free.
While Google-backed Corduro may have looked like a Square competitor at first, it’s shooting for bigger clients. It signed up a hospital and a university earlier this year and plans to keep going after big enterprise customers while still making its services available to merchants.
Square’s list of big name competitors is officially getting another billion dollar company. NCR Corp., the Duluth, GA maker of cash registers and ATM machines, is now launching NCR Silver, a cloud-based point of sale product aimed at small businesses.
Mobile operator profits have more than doubled in the last 10 years. But operators can’t rest on their laurels. As voice, texting, and data revenues fall over time, operators must step up to take up the role of becoming an over the top provider.
With the online B2B payments market worth a whopping $250bn or so, Traxpay and its backers are hoping their real-time, back-office-friendly platform will give them a significant slice of the pie
LevelUp, the local loyalty and payment app, is getting $12 million to expand the service nationwide. The service, which is an offshoot of location start-up SCVNGR, now has 200,000 users, who are spending $2 million a month with the app.
Intuit is taking a key step in its competition with Square and other payment rivals by integrating QuickBooks Point of Sale product with its GoPayment mobile payment product. That means that customers will have an easy way to combine a traditional POS experience with mobile payments.
Square, the breakout mobile payment hit, faces more competition from deep-pocketed competitors. But the company is content to craft its own commerce tools without opening up an API or striking big partnerships. Square’s COO Keith Rabois explains how it will win by going solo.
Disruptive UK payments startup GoCardless is aiming for the big time with a new, user-friendly service called PayLinks that allows anybody to pay or collect money online in seconds — all without paying hefty transaction fees. But can they gain users’ trust?
EBay’s CEO John Donahoe has called 2012 a year of testing for PayPal’s in-store payments as it gears up for a big push next year. The company is making good on that with the launch of its first barcode-based payments in the UK at four retailers.
The founders of micro-payment service Flattr have said they are worried that their business could be seriously damaged after Apple rejected a podcasting app that integrated with the system.
PayPal unveiled 15 national retail partners that will support its in-store payment system, which is set to compete against the likes of credit cards and other emerging payment tools. It also launched a new mid-market payment tool for medium-sized businesses with multiple locations.
PayPal’s drive to become a major player for in-store payments is getting a huge push thanks to new partnerships with VeriFone, the top point-of-sale terminal maker and Equinox Payments, the No. 3 terminal maker. The deals now give PayPal access 40 million terminals worldwide.
PayPal’s years of experience in online payments is one of its biggest assets as it chases mobile and in-store transactions. But the by product of all that experience — mounds of data — could be an even bigger weapon. PayPal’s chief scientist Mok Oh explains the possibilities.
PayPal is organizing its payments products into one service for small businesses called PayPal Payments that is meant to provide an array of tools for online, in-person and mobile payments. It takes what PayPal has done online and marries it with its mobile and in-store tools.
PayPal has only taken tiny steps into the increasingly busy Russian market — but now the American payments service is working on a partnership with Russia Post that could prove a dramatic boost.
CardSpring last month launches an application platform that allows developers to create applications that can work with credit cards. Now, it’s getting a boost with the help of payment processor First Data, which is using CardSpring’s API as the basis for an offer platform for retailers.
Chirpify, a Portland, Oregon, startup, is unveiling its Twitter commerce platform today, an all-in-one tool that taps PayPal and allows users to monetize their tweets. The company said it’s the first one to turn Twitter into a direct sales channel.
Visa Europe sees a very mobile future and now predicts that more than half of all Visa payments in Europe will be mobile by 2020. It’s another sign that the payments will increasingly be channeled through mobile phones.
PayPal is lining up deals with payment solution providers to help quickly scale its upcoming in-store payment system. It has struck an agreement with Ingenico, whose point of sale terminals will soon be able to handle PayPal transactions.
PayPal began as a way to help people pay their friends easily online. Now, it’s taking the logical step of enabling Facebook users to pay their friends using a new Send Money Facebook app. Users can send free payments to each other accompanied by an e-card.
Stockholm-based iZettle — a company that is building a payments system not entirely unlike the much-heralded Square — is taking a big…
American Express wants to have a stake in the next big digital commerce start-up and it’s establishing a new $100 million fund to make sure it doesn’t miss out. It’s another sign that 162-year-old American Express is anxious to keep evolving.
EBay and PayPal formally unveiled their X.commerce platform, an ambitious attempt to bridge online and offline commerce and arm developers and merchants with a host of tools to help them facilitate sales. X.commerce turns eBay into broader technology provider to merchants and developers.
While tech darling Square gets all the press, mobile payments start-up Dwolla is enjoying its own impressive growth and just hit $1 million in daily transactions, putting it on a faster initial pace than Square. It’s showing the power of building a cash-based payment network.
ZestCash, a next generation loan-service for the underbanked led by former Google CIO Douglas Merrill, has raised $19 million to expand its data-driven approach to offering short-term loans. The company uses online data to help determine the credit worthiness of customers.
EBay is getting more serious with its mobile payments ambitions with PayPal, announcing today that it is buying Zong for $240 million. The move bolsters PayPal’s existing payment system and allows it to offer users an additional way to pay via carrier billing.
Randy Shoup, the architectural guru credited with scaling eBay, tweeted Monday evening that he has left the online auction giant to co-found a new consumer-focused e-commerce startup, Shopilly.com. He and another former eBay exec are keeping their plans under wraps for now.
Flattr wants to build a “tip jar” payment system, but history is littered with those who have tried failed. Why don’t online tip jars work? The founder of Tipjoy says it’s hard to get people to pay for things they aren’t already used to paying for.
eBay CEO John Donahoe says the company wants to make its PayPal unit the de facto payment system for Facebook games, Twitter money-sharing and every other kind of social game or service. But PayPal has some work to do before it deserves that position.
PayPal says it has suspended personal payments to and from India, as well as transfers to local banks in India. The changes may be in response to new rules in India intended to restrict money laundering.
Updated: PayPal opening up its payment processing API to developers, hoping to unleash new apps that use its electronic payment service, sounds…