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PayPal’s Google Wallet competitor shown off at SXSW [video]

March 14th, 2012

During the annual South by Southwest conference in Austin, Texas on Tuesday, PayPal finally showed off its upcoming digital wallet product that will compete with the likes of Google Wallet and other digital payment platforms. The EBay-run eBay Ink blog also posted a pair of videos on Tuesday in which PayPal vice president of global product …

Mobile payments set to take off in emerging markets, Berg finds

May 27th, 2011

Google may have just unveiled its preliminary plans to bring contactless mobile payments to the U.S., but mobile payments in using various technologies are prime to blow up in several other markets around the world as well. Swedish wireless analyst firm Berg Insight on Thursday issued a report on mobile money in emerging markets, and …

Live from the Google Wallet press conference!

May 26th, 2011

Google has been working on a mobile payment service for quite some time now, and the company is finally ready to take the wraps off of the first iteration of its contactless payment product. Google has been buying up talent — and someone spilled the beans this past Tuesday — so we can’t say the …

Google to unveil mobile payment service this week, report claims

May 24th, 2011

Sources speaking with Bloomberg claim Google is finally ready to take the wraps off its mobile payment service. According to a new report, Google will host an event on Thursday, May 26th to introduce its new service, which will initially be available only to Sprint subscribers in New York, San Francisco, Los Angeles, Chicago and Washington, …

NFC payment systems coming to Apple Store locations?

May 17th, 2011

While it seems that most are flipping a coin as to whether or not the upcoming iPhone will have NFC capabilities, BGR has just been given some information from multiple Apple sources that could possibly sway the argument in favor of an imminent NFC-capable iPhone… contrary to recent reports. First off, Apple’s POS devices — …

Apple’s next iPhone will not have NFC, analyst claims

May 16th, 2011

According to a Bernstein note issued on Monday morning, Apple’s fifth-generation iPhone will not include Near field communication (NFC) capabilities as had been previously rumored on several occasions. NFC, which will be featured in RIM’s 2011 BlackBerry smartphone lineup, allows cell phones and other devices to transmit data wirelessly over short distances. Unlike Bluetooth, NFC …

iPhone 5 NFC rumors take the stage again following new report

March 21st, 2011

Rumors surrounding an NFC-equipped iPhone from Apple date back to last summer, when Apple hired NFC expert Benjamin Vigier as its Commerce Product Manager. Speculation surrounding how Apple might use NFC dates back even further, of course, considering the many NFC-related Apple patents that have been revealed in the past. On Monday, the flames were …

Secure mobile payments appeal to 94% of North Americans

March 18th, 2011

A recent study conducted by payment solution provider Mobio Identity Systems suggests that North Americans are eager to see mobile payments become a reality. At the same time, however, security is a top concern for the majority of potential users. Mobio recently surveyed 1,085 people across North America and found that the overwhelming majority — …

Google to test NFC mobile payment system in New York, San Francisco

March 15th, 2011

Leaving your credit card at the bar may soon be a thing of the past — that is, if you live in San Francisco or New York City. Bloomberg is reporting that Google is planning to trial its new Near Field Communications (NFC) mobile-payment system in both cities. The trial, which could begin in as …