VeriFone launches Square rival SAIL on Android

VeriFone is taking its newly launched SAIL mobile payment product to Android smartphones after debuting on the iPhone last month. The move helps VeriFone better compete with Square, an early mobile payment leader and PayPal Here, which are both available on iPhones and Android.…

Read More

Square gets $100M, valued at $1B

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 billion.…

Read More

Are You Ready for the New Peer-to-Peer Economy?

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