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mobile payment

Verizon begins testing new mobile payment solution

February 3rd, 2012

Vantiv, a provider of mobile payment solutions, announced a new point-of-sale product on Friday that it will be rolling out in partnership with Verizon Wireless. The product, which is currently in field testing, includes custom tailored applications and an Android-based point-of-sale solution for accepting payments. The applications will be available in Verizon’s Private Application Store …

T-Mobile now selling Square credit card payment systems in retail stores

February 1st, 2012

T-Mobile USA announced on Tuesday that it is now selling Square credit card systems in its retail stores. Square allows people to take payments by swiping a credit card through the Square dongle, which can be plugged into the end of a smartphone. “The success of our small business customers is important to us. Formerly ‘cash …

More than 50% of all smartphones will be NFC enabled in 2-3 years

November 22nd, 2011

We’ve been hearing that smartphones will transform into mobile wallets “any year now” for at least the past five years. But with the introduction of the Google Nexus S, Google Wallet, the ISIS initiative, and a handful of smartphones with integrated NFC, it looks like the technology is finally poised to take off. According to …

New Jersey Transit to support Google Wallet mobile payments

October 19th, 2011

New Jersey Transit will soon introduce limited support for Google’s NFC-based mobile payment system, Bloomberg Businessweek reported on Wednesday. Google Wallet is currently only available on one handset, Sprint’s Nexus S 4G, and supports a handful of retailers including Foot Locker, Macy’s, Jamba Juice, Walgreens and Subway. Commuters will be able to use the handset to …

Broadcom intros new NFC chips for mobile payments

September 26th, 2011

Broadcom on Monday announced the BCM2079x family of NFC chips which it hopes will spur the mass adoption of NFC. The 40nm-based chips are smaller and are reportedly the most power efficient solution currently available to device makers. Broadcom said the products use 40% fewer components on a 40% smaller surface area and consume 90% …

Verizon intros GoPayment credit card reader for phones, tablets

August 25th, 2011

In partnership with Intuit, Verizon Wireless introduced a mobile payment solution for small and medium businesses called GoPayment on Thursday. GoPayment will provide customers with a small credit card reader and a mobile application that allows businesses to charge credit cards using a smartphone or tablet. Here’s how it works: a business simply needs to …

Verizon to integrate American Express' mobile payment solution into phones, tablets

August 1st, 2011

Verizon Wireless and American Express announced on Monday that Verizon Wireless will begin to integrate American Express’ “Serve” mobile payment solution into its phones and tablets. The agreement will allow Verizon Wireless customers to make mobile payments from their phones, provided that they have an existing Serve account. “Our collaboration with Verizon highlights the speed …

Mobile payments could balloon 76% to $86 billion this year, Gartner says

July 23rd, 2011

141.1 million people around the world will make mobile payments this year, a 38.2% increase from last year, Gartner said in a new report issued on Friday. Global mobile payment volume is expected to hit $86.1 billion in 2011, up 75.9% from the $48.9 billion recorded last year. Gartner says mobile payments are not growing …

Starbucks Android app launches for mobile payments

June 16th, 2011

Are you Android users jealous of all of your friends using their iPhones to buy frappuccinos? Take a sigh of relief — on Wednesday Starbucks launched its Android application that will allow you to walk into one of 6,800 Starbucks or 1,000 Target locations and buy your choice of coffee without having to reach for …