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Mobile payments

Apple mobile payments

Apple is getting closer to launching the iWallet

May 30th, 2014

Apple has long been rumored to be working on its own payment service to turn your iPhone into a wallet, and 9to5Mac’s latest report backs up these rumors. According to its sources, Apple has been in talks about a mobile payments service with “high-profile retail brands” that sell “luxury clothing and premium goods.”

Apple Mobile Payments

Spending all your money has never looked so good

April 30th, 2014

Nothing has been made official at this point, but it’s pretty clear that Apple is working on a mobile payment product. Chief executive Tim Cook touts the hundreds of millions of credit cards Apple has on file in iTunes accounts every chance he gets, and the obvious inference is that the people linked to these …

Apple PayPal Mobile Payments

PayPal is itching to help Apple with its mobile payments platform

January 30th, 2014

It really looks like Apple is getting into the mobile payments game. Last week, The Wall Street Journal reported that Apple was working on a mobile payments system and earlier this month, Apple was awarded a patent that detailed a method for sending secure payments over Wi-Fi, Bluetooth Low Energy, or NFC. Also late last …

Coin Preorders

Video: Forget smartphones and NFC, ‘Coin’ is the future of payments

November 14th, 2013

Companies are trying as hard as they can to convince us that smartphone-based payment systems are the future, but we have seen little thus far to convince us that this new technology will break out anytime soon. Tap-to-pay smartphone solutions require retailers to update their point of sale (POS) terminals, and mobile payment solutions providers …

Google Wallet Card Rumor

‘Google Wallet card’ leak points to weakness in NFC mobile payments

November 7th, 2012

Launched in May 2011, Google Wallet was supposed to revolutionize shopping and replace cash and credit cards with NFC-enabled smartphones. While the idea was and still is ambitious, Google (GOOG) Wallet has been hampered by the reluctance of retailers and small businesses to upgrade their point-of-sale systems to support NFC. Last week, Android Police published what …

NFC Growth Forecast

With or without Apple, NFC mobile payment market to hit $100 billion

October 19th, 2012

A number of industry watchers have voiced concerns that touchless mobile payment solutions will not truly find widespread adoption until Apple (AAPL) joins the fray and adds the functionality to its popular iPhone line of smartphones. While Apple has yet to give any indication that its smartphones will support NFC-based mobile payments in the future, …

Groupon introduces mobile payment service to rival Square and PayPal

September 20th, 2012

Following the likes of PayPal and Square, Groupon (GRPN) has revealed that it’s releasing its own credit card payment service called Groupon Payments. Groupon Payments will be available for the iPhone and iPod touch, and participating merchants can get free plastic dongle for swiping credit cards or pony up for a $100 smartphone case/credit card slider. …

PayPal inks Discover deal to bolster mobile payment platform

August 22nd, 2012

PayPal on Wednesday made its big move to upend Google (GOOG) Wallet in the mobile payment platform wars by signing a deal to enable its mobile payment system on Discover’s credit card network. As reported by GigaOM, the new partnership will deliver PayPal’s in-store payment service to more than 7 million different stores across the …