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Tag: mobile payment

Isn’t it ironic: Google Wallet “closed” on the airwaves Google lobbied the FCC to keep “open”

google-walletAbout four years ago, Google was in activist mode, campaigning the FCC to force our wireless airwaves “open”, serving consumers’ interests above those of wireless operators.

Google called for rules like: “Open applications: Consumers should be able to download and utilize any software applications, content, or services they desire.” more…

The Future of Mobile Payments

mobile-paymentWe know that mobile payments are redefining commerce, but will our phones soon replace our wallets?

PayPal seems to think so. The payments giant boldly predicts that the wallet will be dead by 2015. It’s putting its money where its mouth is: It recently acquired mobile payments provider Zong for $240 million. more…

Investment Values Twitter at $8 Billion

twitterWhile Twitter isn’t rushing to go public like some of its larger peers, the microblogging service has no problem luring deep-pocketed investors.

Twitter is in the process of raising $400 million in a deal that values the company at $8 billion, according to two people briefed on the matter. more…

Google Gives Everyone $10 to Try New Google Wallet

Google_WalletGoogle’s NFC-enabled mobile wallet was announced this morning in partnership with mobile operator Sprint, issuing bank Citi and payment network MasterCard. But did you know that you don’t have to be a Citi card holder to try the service? As it turns out, Google is also offering a free “virtual” card which you can load up with funds from any account. more…

Visa Makes A Strategic Investment In Disruptive Mobile Payments Startup Square

VISAThere is no doubt that mobile payments company Square is on a roll. The company just landed a lucrative deal selling its credit card readers in Apple’s retail stores and is growing at a fast clip. And now the company has just received a strategic investment from a giant in the credit card industry – Visa.

For background, Square offers iPhone, Android and an iPad app which allows merchants to process and manage credit card transactions with a handy little credit card swiping device that plugs into the headset/microphone jack. more…

Microsoft Is Said to Plan Mobile Payments in New Phone Software

MicrosoftMicrosoft Corp. is working on a version of its Windows Phone software that will let users buy merchandise with a flick of the handset at a checkout counter, two people familiar with the plans said.

Microsoft plans to include mobile-payment technology in new versions of its operating system for smartphones as part of an effort to narrow Google Inc.’s lead in handset software, more…