Tag Archives: payments

Square Starts Mobile Payments In Japan, Its First Country Outside Of North America, In Partnership With Visa’s Ally

squareMobile payment platform Square has announced that it is now publicly available in Japan, its first country outside of North America. The iPhone is very popular in Japan, making it a potentially strong crossover market for Square, which first launched on iOS before also becoming available on Android.
TechCrunch

Google Wallet makes payments possible through Gmail

Google is integrating Gmail with Google Wallet so that users can send payments as a mail attachment, even if the recipient doesn't have a Gmail address.
Computerworld News

DHS Shuts Down Dwolla Payments To and From Mt. Gox

An anonymous reader sends this excerpt from BetaBeat: “The Department of Homeland Security appears to have shut down the ability to use Dwolla, a mobile payment service, to withdraw and deposit money into Mt. Gox, a Bitcoin trading platform. … A representative for Dwolla told Betabeat that the company is ‘not party’ to this matter and encourages those with questions to reach out to Mt. Gox or the DHS. ‘The Department of Homeland Security and U.S. District Court for the District of Maryland issued a ‘Seizure Warrant’ for the funds associated with Mutum Sigillium’s Dwolla account (a.k.a. Mt. Gox),’ he said. ‘In light of the court order, procured by the Department of Homeland Security, Dwolla has ceased all account activities associated with Dwolla services for Mutum Sigillum while Dwolla’s holding partner transferred Mutum Sigillium’s balance, per the warrant.’”

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Slashdot

Shopping Around For Cheap Prices [Not Mobile Payments] Is The Most Popular In-Store Activity Among Mobile Users, Says Google

google mobile shopping imageMost people may not yet be using smartphones to pay for goods when they are out shopping, but that doesn’t mean that they are not glued to their handsets anyway. Some research out today from Google indicates that among smartphone owners, some 79% can be classified as “mobile shoppers,” using their devices for some aspect of the shopping experience, from finding store locations through to finding goods. On top of that, among those who use smartphones for any kind of shopping or browsing, some 84% do so in physical stores. And when it comes to investing in experiences that consumers like, retailers should stick to mobile web sites: 65% of consumers prefer these to apps.

TechCrunch

Cover Raises $1.5 Million From OATV And Others To Bring Uber-Like Payments To Restaurants

coverNew York City-based startup Cover seeks to simplify the process through the magic of mobile payments. It does that with a payments platform and mobile application that would reduce all the fuss and calculations that happen when the check comes.
TechCrunch

PayPal considers accepting BitCoin payments

PayPal CEO John Donahoe is considering ways of implementing BitCoins into PayPal’s digital transaction network. He says that he’s watching Bitcoins very closely and expects that the virtual currency, or virtual currency in general, will be here to stay. In an interview with The Wall Street Journal, Donahoe stated that within 5 years, Bitcoins and

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SlashGear

Alipay Launches Sound Wave Mobile Payments System In Beijing Subway

Alipay_SoundAlipay has launched in a new payment system in the Beijing subway that uses sound waves to connect smartphones with ticketing machines. The sound wave payment system was introduced with the Alipay Wallet mobile app in January and uses white noise (link via Google Translate) generated by a smartphone to carry digital information to another device. Initially used for smartphone-to-smartphone transactions, the Beijing Subway launch marks the first time the system has been used with a payment kiosk for consumer transactions, according to Xinhua (link via Google Translate).

TechCrunch

Mozilla introduces JavaScript API as part of common payments interface

Mozilla plans to introduce a common API to make online paymentsA easy and secureA on Firefox OS devices.
Computerworld News

MoonClerk Allows Non-Programmers To Use Stripe For One-Time Or Recurring Payments

Logo with Moon bigIf there is any downside to Stripe, the payments startup that makes it simple to accept payments online without having to first set up a merchant account, it’s that the service is aimed at developers and other technical users. Newly launched payment system MoonClerk wants to change that, by making it easy for non-programmers to quickly accept and mange both recurring and one-time payments on their own websites.

TechCrunch

Stripe Partners With Parse To Integrate Mobile Payments For App Developers

screen-shot-2012-07-09-at-5-10-22-pm-1Payments startup Stripe is announcing a new partnership with Parse, a mobile app development platform. The company is also revealing that its payments platform is being used by Lyft, Exec, SideCar, OrderAhead, Sesame and Postmates to enable payments in their mobile applications.
TechCrunch

US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

Judging by recently announced projects like Go Mobile, it’s quite clear that US Bank is working hard at keeping up with the mobile banking curve. With today’s introduction of its new Mobile Photo BillPay feature, the company’s giving customers using an iOS or Android device yet another nifty tool to take advantage of while on the go — one that’s set to make it easy to set up bill payments by simply taking a shot of any invoice and uploading it to an account from within the app. The experience itself is rather similar to what we’re accustomed to seeing when doing things like, say, depositing checks, and US Bank’s quick to point out that it’s one of the first major banks in the US to bring a mobile bill-paying solution to its users. Speaking of which, US Bank account holders can try out BillPay now — links to download from Google Play and the App Store are after the break.

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Via: PhoneScoop

Source: US Bank (App Store), (Google Play)

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Payments Company Plastiq Raises $6 Million Series A, Makes It Easier For Merchants To Accept Credit Cards Online

Plastiq logoPlastiq, an online payments startup aimed at bringing credit card payments to industries which tend to shy away from supporting them, has raised a $ 6 million Series A. The round was jointly led by Atlas Venture and Flybridge Capital Partners, and included previous investors NextView Ventures and Greenoaks Capital, along with notable angel investor Harvey Golub, former Chairman and CEO of American Express.

TechCrunch

PayPal co-founder Max Levchin returns to online payments with Affirm

PayPal cofounder Max Levchin returns to online payments with Affirm

Curious what Max Levchin’s been up to ever since he left Google in 2011? Well, wonder no more. Today, PayPal’s co-founder revealed his return to the payment world with a new company called Affirm. Like many startups, Affirm is looking to make online payments quicker and easier, but the real question is whether you’ll be willing to come along for the ride. AllThingsD managed to catch Levchin for an interview, in which he revealed that Affirm will issue credit to consumers and guarantee payment to merchants for all online transactions. Curiously, Affirm will use Facebook to verify a user’s identity, and it’ll also use a wide range of social and location-based data to determine an individual’s credit worthiness. The payment startup will launch in beta with 1-800-Flowers as its partner, and it’s said that consumers will be given 30 days to settle the resulting bill with Affirm. There’s no word of what fees or interest rates will be assessed for late payments, but we imagine you’ll find strong incentive to pay for that flower arrangement.

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Source: AllThingsD

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PayPal to introduce mobile chip-and-PIN payments service in Europe

PayPal will introduce a mobile chip-and-PIN version of its payments service in Europe, starting with a selection of U.K. businesses over the coming months.
Computerworld News

Panel: Mobile payments could reach $1 trillion by 2015

Using a smartphone to pay for purchases in lieu of a physical debit or credit card may become a US$ 1 trillion business by 2015, and some ancillary technologies for consumer engagement could help to make that happen.
Computerworld News

Hurdles seen to widespread use of mobile payments

Forget fumbling with cash and credit cards; smartphones have long been seen as a way to make in store purchases faster and easier. But several challenges need to be overcome before the technology takes off.
Computerworld News

Square Mobile Payments hit Verizon: iOS and Android card readers ahoy

This week the folks at Verizon have revealed their new collaborative efforts with Square and the Square Card Reader – mobile payments made utterly easy! This little device plugs in to the headphone jack on your iOS or Android device and allows you to take payments via credit card or Square Gift Card – easy

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SlashGear

Ingenico Agrees To Acquire European Online Payment Services Provider, Ogone, For €360M To Build Out Multi-Channel Payments Strategy

Ogone logoIngenico, a global payment provider, is to acquire Brussels-based, pan-European online merchant payment services provider Ogone for €360 million. Ingenico said the acquisition furthers its strategy of becoming a “one-stop-shop” multi-channel payments provider, with Ogone’s online platform helping to build out its existing point-of-sale and mobile payment offerings.
TechCrunch

The Taxman Looks to Speed Up Payments

A disruptive electronic payment service wants to eliminate cash. Now Iowa’s government could give it a boost.

It’s one thing to pay for a coffee using a startup’s payment app. It’s a bigger deal to pay your taxes that way. 







New on MIT Technology Review

NFC: Not just for mobile payments anymore

More companies embraced the close-range connectivity technology at the Consumer Electronics Show. How they’re using NFC may surprise you. [Read more]


CNET News

PayPal Adds New Retailers For In-Store Payments Product; Tests Order-Ahead Pickup At Jamba Juice

DockPayPal is announcing  today that three new national retailers are using its in-store payments technology. Previously, PayPal had made a commitment to sign-up a total of 20 large national retailers by the end of 2012, and the company now has 23 retailers signed up to implement the eBay-owned company’s technology. And PayPal’s in-store payments offering is now being used in 18,000 brick and mortar stores nationwide.
TechCrunch

“In The Studio,” How Patrick Collison Guides Stripe In The Competitive Payments World

StripeEditor’s Note: Semil Shah is an EIR with Javelin Venture Partners and is a contributor to TechCrunch. You can follow him on Twitter at @semil.

“In the Studio” closes out its inaugural year by welcoming the young CEO of one of the web’s hottest startups who, before his current breakthrough, immigrated from Ireland, dropped out of MIT, founded and sold his first company, and is now taking on an industry with formidable land mines, competitors, and incumbents.
TechCrunch

Ask Slashdot: How To Collect Payments From a Multinational Company?

An anonymous reader writes “I run a small dev shop focused on web development, based in Europe. For the past 6 years we’ve had lots of successful projects with clients from CEE, Western Europe and the US. One of our main clients was based in the US. We started working for them in 2008, while they were a ‘promising start-up’ and everything went smoothly until they were bought by a multinational corp. We couldn’t be happier to work for such a big player in the market, we even managed to get by with huge payment delays (3-4 months on a monthly based contract), but now, after more than 2 years working for them I have the feeling we’re getting left out, we got 6 months old unpaid invoices and we’re getting bounced between the EU and US departments every time we try to talk to them. What can a small company do to fight a big corp that’s NASDAQ listed and has an army of lawyers? They’ve been getting a lot of bad press lately so I don’t think that will scare them either…”

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Slashdot

Square Register’s Next Frontier In Mobile Payments: Small To Mid-Size Regional Chains

Monthly Pricing from Square — SquareWith the Starbucks deal in place, there’s no doubt that Square will continue to eye partnerships with large brick and mortar stores and brands to power mobile payments and loyalty. But there’s a point to be made that the major opportunity may not be with the large brands like Starbucks but with the multitude of small to medium sized chains across the U.S. and beyond. These are regional stores that have two or more locations, but aren’t as big as the larger national chains. If Square were to capture marketshare for these regional stores, the company would be able to complete the entire tail of merchants, from the local taco truck to the small chain of wine stores to the Starbucks. Interestingly, we’re told that updates to the the company’s iPad powered register, Square Register, earlier this year has brought more and more small chains to the payments platform.
TechCrunch

PayPal President David Marcus On Cyber Monday, In-Store Payments, Data Strategy And More

David Marcus is PayPal’s New PresidentPayPal President David Marcus held an informal sit-down with reporters today in San Francisco to address the recent shopping activity over the holidays, PayPal’s strategy on data and mobile, and the potential for the company to take a stake in in-store payments.
TechCrunch

Black Friday: PayPal Sees Mobile Payments Jump 193 Percent; eBay Up 153 Percent

paypalBlack Friday numbers are strong across the board, according to initial reports coming in today from retailers and payments companies. As IBM reported earlier today, total online sales saw a surge of 20.7 percent in spending from last year. eBay-owned PayPal is reporting that Black Friday global mobile payments volume was up 193 percent from last year.
TechCrunch

eBay and PayPal see big jump in mobile payments this Thanksgiving

Betwix watching football, eating turkey, and enjoying the holiday festivities, shoppers used their mobile devices to pay for a large amount of their online shopping sprees. Both eBay and PayPal saw a massive jump in mobile payments this Thanksgiving holiday. The figures are compared to the payment numbers from Thanksgiving 2011. EBay saw a 133-percent

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SlashGear

Amazon offers Unity plug-ins to Kindle Fire devs, makes in-app payments possible

Amazon adds Unity plugins for Kindle Fire devs, makes inapp payments possible

Game devs looking to enhance “engagement” (read: monetization) for their mobile titles now have an ally in Amazon. The Bezos-backed company has just made plug-ins available free to Kindle Fire developers using the popular Unity game engine. Now those devs will have access to APIs for In-Game purchasing and GameCircle which, in the latter case, allows for the addition of Achievements, as well as the ability to Whispersync across devices. So, what does this mean for you, the end user? Well, aside from the ability to continue playing from where you last left off on any of the company’s tabs, it also brings mobile gaming that much closer to the console experience. But mostly that you can look forward to a future bill filled with micropayments.

Continue reading Amazon offers Unity plug-ins to Kindle Fire devs, makes in-app payments possible

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Via: The Next Web

Engadget

Vodafone and Visa announce mobile payments app for Android-toting Aussies

Vodafone and Visa announce mobile payments app for Androidtoting Aussies, Windows Phone on deck

Sometime next year, Vodafone subscribers in Australia can expect to taste the sweet fruit of mobile payments, which comes thanks to the carrier’s partnership with Visa. Computerworld Australia reports that Vodafone SmartPass is currently being tested on Android phones in the land down under, which relies on an NFC-enabled SIM card. It’s also said that the carrier plans to introduce a Windows Phone app, although it has no intention of developing a solution for iOS, which is due to the iPhone’s lack of NFC. While mobile payments still remains a mere pipe dream for many, it’s said that Vodafone will eventually bundle the SmartPass app on all smartphones that support NFC. Unfortunately, the technology may remain cumbersome, as it’ll require users to load currency into a prepaid account for use — something Google has already kicked to the curb. If you’ll recall, Vodafone first announced its initiative with Visa in February of this year, although at the time, it was said that only a few European counties would make the initial cut. To learn more about what Vodafone has in store for its Aussie constituency, feel free to hit up the source link.

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Via: WMPoweruser

Source: Computerworld Australia

Engadget

Unresolved Issues Swirl Around Securing Mobile Payments



CowboyRobot writes “While many mobile payments startups are using both traditional and nontraditional authentication methods, regulatory uncertainty still exists around liability for fraud attacks on customers using mobile payments. Although there haven’t been any public attacks from fraudsters on alternative mobile payments providers such as Square, LevelUp or Dwolla, anecdotal stories are already circulating among security experts and regulators of such attacks. One thing that still has to be worked out in this area is regulatory oversight. ‘The regulators are not yet clear who owns the regulatory oversight for these environments. These technologies tend to fall through the cracks even in terms of card-present or card-not-present.’”

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Slashdot

Facebook Turns On Carrier Billing Mobile Payments In France With Orange France And Bango

Facebook Mobile Money CleanAnother step in Facebook’s plans to make more money out of its mobile business: the company is now accepting mobile payments in France, covering services like virtual gifts and game credits for its HTML5-based content, which can now be billed directly to a user’s mobile bill rather than via premium SMS or credit cards. France comes on the heels of an the initial rollout of the service in the U.S., UK and Germany that went live earlier this year.
TechCrunch

Mobile Payments Startup iZettle Expands Series B Of €25 Million, Adds American Express As Newest Investor, As It Preps Launch In UK

izettle updated picToday iZettle, one of the several Square-like mobile payments companies in Europe, announced that it was expanding its Series B round to €25 million and adding American Express as its newest investor. It is joining Greylock, Northzone, MasterCard, SEB Private Equity in the round, which was originally €15 million. Series A investors in iZettle included Index Ventures and Creandum. The investment is a sign of how competition in the mobile payments world continues to heat up and those looking to make headway are ramping up their financial positions to meet the demand.

TechCrunch

Isis’ NFC payments go live in Austin and Salt Lake City: 3 carriers, 9 phones, 1 long way to go (video)

Isis' NFC mobile payments go live in Austin and Salt Lake City 3 carriers, 9 devices, 1 long way to go

To say that the launch of Isis has felt drawn out would be a mild understatement. The alliance first signaled its intentions two years ago, detailed its first markets one year ago and faced a last-minute delay. All the ducks are finally in a row, however, and residents of both Austin as well as Salt Lake City can tap to pay (or score discounts) at the “hundreds” of locations that accept NFC-based purchases through American Express, Capital One, Chase and Isis’ own cash card. Launch day brings app- and SIM-enabled access for nine devices spread rather unevenly across AT&T, T-Mobile and Verizon: only the Droid Incredible 4G LTE is confirmed working for Verizon subscribers, while the rest are divided more equally between multiple Samsung Galaxies and HTC devices like the Amaze 4G and One X. Over 20 phones should be Isis-aware before the end of the year. It’s a potentially strong start to one of the few truly cross-network mobile payment systems in the US, but we see a long road ahead before Isis gives Google Wallet some jitters — there’s legions of banks, cities and stores needed before Isis is widespread, and we’re not counting on that ever-elusive universal hardware support.

Continue reading Isis’ NFC payments go live in Austin and Salt Lake City: 3 carriers, 9 phones, 1 long way to go (video)

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Isis’ NFC payments go live in Austin and Salt Lake City: 3 carriers, 9 phones, 1 long way to go (video) originally appeared on Engadget on Mon, 22 Oct 2012 13:36:00 EDT. Please see our terms for use of feeds.

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Engadget

Google says mobile payments growing fast but won't catch on overnight

Mobile payments with Google Wallet are growing fast, but the road to wide acceptance of NFC in the U.S. will be slow, the head of Google's payments unit said Friday.
Computerworld News

Isis to roll out mobile payments on Monday

The Isis mobile wallet network will launch Monday in Salt Lake City and Austin, Texas, the Isis consortium announced Wednesday, after an earlier delay in the launch.
Computerworld News

With New Payments Feature, ReadyForZero Begins To Automate Getting Americans Out Of Debt

logo_readyforzero_blueY Combinator-backed financial service ReadyForZero, which focuses on helping Americans pay down their $ 2.5 trillion in personal debt, is expanding its feature set today to include online payments. The new addition, a part of ReadyForZero Plus, will detect when you have new deposits in your bank account, and will then immediately advise you how to spend that money to more quickly pay off your loans, credit card bills, and more – before it burns a hole in your pocket.

TechCrunch

More rumors that Amazon eyes move into mobile payments

Square, PayPal, Intuit others waiting for Amazon pull the trigger on widely-expected move. [Read more]


CNET News

The Mobile Payments Fustercluck

Please Pay HereIt seems that every week there’s a new company, startup, or financial institution that is launching a new way to pay from, issue rewards, or power transactions from a mobile phone. The question that always lingers in my mind when I see yet another mobile payments service pop up—how many more ways do we need to pay for a physical or digital product via a mobile device?

Matrix Partners’ Dana Stalder, who was the former CTO of PayPal, says that he is introduced to at least one mobile payments startup a week. Matrix Partners previously invested in mobile payments company Zong, which was acquired by PayPal in 2010. “There has been a lot of innovation around payments over the course of the last three to four years. But with recent growth in smartphone penetration, there has been a huge pop in the number of mobile-related payments companies,” Stalder explains.

TechCrunch

Samsung Galaxy S III gets Quick Tap mobile payments system from Orange and Barclaycard, works with most UK bank accounts

Samsung Galaxy S III to get Quick Tap payments system from Orange and Barclaycard

We’ve barely heard from Orange’s Quick Tap payments system in over a year, but now the UK phone network has decided to dump the underwhelming Tocco Lite and add its mobile payments service to the NFC-capable Galaxy S III. Tying into any British MasterCard, Visa, Debit or credit card, you’ll be able to pay up to £20 from your account without the need for PIN entry. New users on Orange SIM-toting Galaxy S IIIs will also pick up a 50 quid bonus when they activate the feature, which kicks off this Wednesday. Check the press release below for all the details.

Continue reading Samsung Galaxy S III gets Quick Tap mobile payments system from Orange and Barclaycard, works with most UK bank accounts

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Samsung Galaxy S III gets Quick Tap mobile payments system from Orange and Barclaycard, works with most UK bank accounts originally appeared on Engadget on Mon, 03 Sep 2012 13:14:00 EDT. Please see our terms for use of feeds.

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Engadget

Mobile payments leap ahead, but consumers may not be ready

Mobile payment technologies are finally vaulting forward in the U.S. after years of slow advances
Computerworld News

Square website outage affected payments

Users of Square’s website and app experienced an outage that prevented some payments being processed.
[Read more]
CNET News

McDonald’s tests PayPal payments in mobile app trial

The fast food chain is testing out PayPal as a payment method.
[Read more]
CNET News

Google, Oracle Deny Direct Payments To Media



itwbennett writes “Earlier this month, the judge in the Oracle v. Google trial ordered the companies to disclose the names of bloggers and reporters who had taken payments from them. Not surprisingly, both companies have denied making direct payments to writers (with the exception of Florian Mueller of FOSSPatents, whose relationship to Oracle was disclosed in April). But Oracle has tattled on Google regarding some indirect connections. In particular, Oracle called out Ed Black for an article he wrote about the case for Forbes. And Jonathan Band, co-author of the book, ‘Interfaces on Trial 2.0,’ which Google cited in its April 3, 2012 copyright brief.”
Groklaw has an in-depth look at the filings. Oracle’s fingerpointing is based in part on this BBC article and this piece at The Recorder, both of which they entered into evidence. Google’s filing (PDF) affirmed that they have not paid media for articles or done any quid pro quo in exchange for coverage. However, they acknowledged that many people receive money from Google through other means (the company’s philanthropy, ad business, etc.), and asked the judge if he wanted further details about those instances.

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Slashdot

Oracle, Google say no payments for court coverage, but disagree on order

Both Google and Oracle said Friday they did not pay any journalists or bloggers for coverage or commentary of their high-profile copyright infringement battle that recently concluded in a California court, but the companies disagreed on what arrangements should be disclosed.
Computerworld News

Oracle to pay $2 million to settle SEC charges over India payments

Oracle has agreed to pay a $ 2 million penalty to settle charges that it did not have proper controls to prevent employees at its Indian subsidiary from secretly setting aside funds from the company's books.
Computerworld News

Walmart, Target others team to offer mobile payments network

More that a dozen retailers including Best Buy, Walmart, Target and 7-Eleven have joined forces to form the Merchant Customer Exchange (MCX), a mobile-payments network that will compete with Google and Isis.
Computerworld News

Watch Out PayPal: Competitor WePay Drops Prices, Rolls Out White Label Payments API

wepay-blue-background-512Online payments startup WePay is today announcing lowered pricing and new API features, as it celebrates the one-year anniversary of its WePay Payments API. The company, which is backed by $ 19.2 million in venture funding, is actually a bit older than just one year, however. As you may remember, WePay first emerged from Y Combinator in 2009 as a simple tool to collecting group payments. The company has since grown beyond group payments, and even beyond payments themselves, with added support for event registration and ticketing, custom invoicing, donations and online stores.

But the WePay Payments API remains a key piece to the company’s business, enabling merchants and individuals to integrate WePay’s service in their own websites and applications. This allows them to accept payments without the need for a pre-existing merchant account. Today, the API accounts for roughly 25% of WePay’s business.
TechCrunch

Starbucks picks Square for payments processing, investment

The mobile payments startup will handle the coffeehouse chain’s credit and debit purchases, while getting a $ 25 million investment in return.
[Read more]
CNET News

Google Tightens Up App Policy, Gets Stricter On Naming/Icon, Payments, Privacy, Ads And Spam Rules [Developer Letter]

play_logoLooks like Google Play is growing up, combing its hair and trying to move away from its Wild West image: Android’s app store team has sent out a letter to its tens of thousands of developers informing them that it is making several changes to tighten its developer app policies. Areas that are covered include naming apps, app icons, payments, privacy, spam and advertising — effectively, a set of changes that sweep across many of the areas that have been a source of controversy and frustration for developers, and users of their apps.

Developers of new apps will be required to meet the new policy changes from now; apps that are seen to violate these rules, Google says, will have 30 days to comply with them, or risk app store ejection. However, that might be very messy to implement retroactively in some cases, for example in the naming conventions. In others, by explicity naming what are now no-nos, it could make it easier for Google to simply eject apps that do not comply.

TechCrunch

How Universal One-Click Payments Will Change Everything

Stripe presages the end of cash — or at least, never entering credit card information again.

Stripe, a startup backed by the same band of self-styled Libertarian revolutionaries who founded and then cashed out of PayPal, is set to do to every transaction on the planet what one-click payments did to Apple’s App store and Amazon.com. If the company succeeds, the psychological abstraction of money at the core of the one-click impulse buy could make buying things easier than ever — maybe even too easy — and the backers of Stripe very, very rich.







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