Apple only gave a fleeting demo of how contactless payments would work on its new Apple Watch at its Spring Forward event…
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PayPal acquires Paydiant, puts NFC into its Here readers
PayPal is buying Paydiant, a startup that provides the mobile payments and loyalty technology used by many big-name retailers use in their…
Read MoreSamsung Pay has all the tools it needs to surpass Apple Pay
A lot of the features in the new Galaxy S6 and S6 Edge, like curved edges and glass-and-metal design, are examples of…
Read MoreWill Samsung’s mobile wallet plans work? We’ll know in 7 months
Samsung has entered the mobile payments fray with its acquisition of LoopPay, giving it the technology to turn its smartphones into wireless credit…
Read MoreVisa wants to track your smartphone to prevent credit card fraud
In two weeks I’m flying to Barcelona to attend Mobile World Congress, and as I have in every previous year I’ve gone…
Read MoreSwyp’s universal credit card launches just in time to become obsolete
Sunnyvale startup Qvivr is is building a universal credit card named Swyp , competing with the likes of LoopPay, Coin and Plastc, but it’s…
Read MoreAmazon closes out its mobile wallet trial after 6 months
It looks like Amazon’s diapers weren’t the only product the e-commerce giant retired Wednesday. The company has shut down its mobile wallet…
Read MoreSamsung reportedly mulling LoopPay deal for a wireless wallet
Samsung is in talks with mobile payments startup LoopPay about potentially incorporating the latter’s wireless credit card technology into its smartphones, according…
Read MoreSquare hits its magic number: 1 billion credit card payments processed
Jack Dorsey's Square is still far from seeing the transaction volume of PayPal or any of the major financial companies, but it's certainly no longer the scrappy payments startup it was a few years ago.…
Read MoreClover designs a new portable tablet cash register for First Data
First Data's slick new payments terminal is going mobile. The handheld slate is one of several new point-of-sale systems we're seeing emerging from the banking industry.…
Read MoreMCX: Hackers stole email addresses but never got anywhere near its mobile payment app
During a rather surreal press conference, MCX CEO Dekkers Davidson said his retailer consortium was trying to promote competition and encourage third-party innovation by excluding both from its stores.…
Read MoreApple Pay will go live Monday; new iPads support online payments
iPhone 6 and 6 Plus can make their first Apple Pay transactions starting October 20, as more than 500 banks have signed on to participate. The new iPad Air 2 and Mini 3 will support Apple Pay as well.…
Read MoreMove over, Coin: Plastc is making a programmable credit card that moves beyond the swipe
Plastc is a new entrant to the universal credit card space, but unlike the others it supports chip and PIN transaction technologies from the get-go.…
Read MoreVisa: Apple Pay will pave the way for more mobile wallets that people can actually use
Visa's technology chief Rajat Taneja has high hopes for Apple Pay, but not for all of the reasons you might expect. He believes Apple will pave the way for a multitude of new payments apps.…
Read MoreAmazon launches its own credit card reader, undercuts Square on transaction fees
Amazon's Local Register has a lot in common in Square's Reader, but Amazon is hoping to set itself apart from its rival by dropping its transaction fees to 1.75 percent for the next 16 months.…
Read MoreSquare readies a new Reader that will accept chip-based credit cards
The EMV transition is only a year away in the U.S. Square's merchants will be required to accept credit cards verified by embedded chips, and that means they'll need a new Square Reader.…
Read MoreVisa invests in wireless credit card maker LoopPay
LoopPay’s digital credit card has attracted the attention of credit card titan Visa(s v), which may be just be looking for alternatives…
Read MorePayPal, Braintree combine dev programs, creating a single shop for mobile, online payments
Ten months after announcing acquisition, PayPal has merged it and Braintree's payments platform and developer operations. Startups and big companies alike now can offer PayPal services and Braintree's card processing through as single API.…
Read MoreBlackBerry turns its enterprise talents to mobile payments
BlackBerry's enterprise communications network has been shipping secure email for a decade. Now BlackBerry is using that infrastructure to secure NFC payment data for Canadian mobile carriers and banks.…
Read MorePayStand takes on PayPal with a new e-commerce service that accepts bitcoin
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.…
Read MoreMasterCard dives deeper into mobile with in-app payments, C-SAM acquisition
MasterCard wants to embed its payments service into mobile apps, and it's doing with the acquisition of mobile payments partner C-SAM and a new developer program.…
Read MoreVisa, Mastercard just made it much easier to buy stuff with an Android phone
Visa and Mastercard are bypassing the smart card in NFC phones used to verify transactions, moving those credentials into the cloud. The result will be a lot more apps that can take advantage of contactless payments.…
Read MoreTesting out Loop’s programmable credit card
Mobile wallet startup Loop has launched its iPhone app and is selling its credit-card emulating fob and iPhone case on its websites. I gave a Loop a spin this week, and it works as advertised.…
Read MoreStripe starts selling globally in 130 currencies, begins looking beyond the credit card
Stripe's mobile and online sellers can now list services and goods in the local currencies of 130 different countries, helping them break into international markets. But according to founder John Collison, Stripe has bigger global plans.…
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