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Amazon Local Register takes on Square, PayPal with mobile card reader

08/13, 7:35am

Amazon severely undercuts competitor transaction fees for Local Register launch

Amazon is taking on PayPal and Square in mobile payments, by releasing its rumored card reader for smartphones. Local Register is a combination of the Square-style card reader and an accompanying mobile app to create a small and portable point-of-sale system, allowing retailers to directly accept physical credit and debit card payments.

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Square announces expansion into EMV chip card readers for business

07/31, 8:05pm

Payment service jumps ahead of Visa, Master Card dates to shift to chip cards

Square, a company that helped open mobile payments up to the masses, released news today that it would be expanding its device offerings with a reader for chip-based credit cards, now frequently used outside the US. While the company states that typical Europay, Master Card and Visa (EMV) solutions are costly, it will release an affordable model to enable sellers to accept the secure payments.

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Report: Apple could debut payments system, e-wallet with iPhone 6

07/23, 7:00pm

May build on iBeacons, Passbook, Touch ID and partners to create truly seamless, secure system

A new report is claiming that Apple is accelerating its plans for a grand "digital wallet" mobile payments system, which could even be ready to debut in the same time frame as the expected "iPhone 6." The company is said to be in talks with Visa to create a partnership agreement that would allow consumers to pay for goods and services using only their iPhone, leveraging the "secure enclave" portion of the A7 chip and Touch ID to create what would be expected to be a seamless mobile payment system.

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Briefly: Venmo's AirDrop-like mobile payments, Weatherbug update

02/19, 2:12pm

Vemo updated, introduces Bluetooth detection of fellow users for mobile payment

Mobile payment app Venmo has released an update today, featuring a new method of sending a prompt money transfer to friends. Venmo facilitates mobile sending and receiving of money, ideal in situations such as splitting a dinner bill with friends, or for any other payment need. By using Bluetooth, Venmo can detect other Venmo users and provide a list of who is nearby. Though the app has not yet been updated on iTunes as of this writing, Venmo is free, and requires iOS 5.0 or later.

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Vodafone Wallet payment app out in Spain, rest of Europe to follow

11/22, 10:39am

Android app allows NFC payments, offers sticker for non-NFC devices

Vodafone has launched a mobile payments system in Spain, one which will be making its way to other areas of Europe in the future. The Vodafone Wallet, and first accompanying payment app Vodafone SmartPass, will be able to make payments using their Android smartphones, with funds being transferred from a nominated bank account.

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Square Cash launches in US, transfers money via e-mail

10/16, 7:28am

Entire payment transaction carried out over e-mail after registration

Payments system Square has opened up its e-mail-based money transfer service to users in the United States, added on top of its existing in-store and mobile paymentsservices . At the same time as widening availability of Square Cash after starting its beta in May, the company is releasing a pair of apps for iOS and Android that performs the same type of transaction as the e-mail version.

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PayPal Beacon offers hands-free Bluetooth LE mobile payments in stores

09/10, 7:56am

Plug-in dongle detects PayPal app on smartphones, alerts merchant

PayPal has introduced a new dongle for mobile transactions that allows for hands-free payments in stores. The PayPal Beacon, designed to be plugged in at retail environments, uses Bluetooth 4.0 Low Energy to communicate with smartphones running the PayPal mobile app, with customers able to allow payments to continue by confirming with store employees, rather than pressing anything on their smartphone.

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PayPal extends SDK to Android, provides in-app mobile payments

05/14, 4:40am

Developer kit to allow Card.io-based credit card scanning

Payment service PayPal has launched a new software development kit for Android. Following on from the iOS version launched in March, the Android SDK will allow developers to integrate PayPal payments into their apps, providing them with an alternative payment processing system to Google Play, and the option to pay for in-app items or services by credit or debit card.

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Samsung, Visa deal adds payWave mobile payments to phones

02/25, 4:55pm

Future NFC-enabled Samsung devices to have app preloaded

Visa and Samsung has inked a deal that could help speed up the adoption of mobile payments globally. The initiative will see the phone manufacturer preload the Visa payWave applet onto future devices that use NFC technology, as well as helping financial institutions to push payment information to the mobile devices as an over-the-air update, for storage directly on the device.

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PayPal prepares Here mobile payments for European launch

02/22, 9:46am

Initial roll-out in UK uses new Chip & Pin device

PayPal is rolling out a new version of its Here mobile payments system for Europe. Starting in the UK, the payments service will be providing businesses a pocket-sized device that will offer Chip & PIN protection for payments through a retailer's mobile phone, instead of the triangular attachment used in the United States.

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Skype offers direct carrier billing to users in Russia

02/05, 2:54pm

Mobile payments service Mach plans same for US, Canada

Voice over IP service Skype has started to support direct carrier billing for Skype Credit in Russia, with the United States and Canada set to follow. The new mobile payments option will allow Skype users to purchase Skype Credit directly from the mobile device through their smartphone's browser, with the charge being applied to their account.

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US Bank tests mobile payments with NFC-enabled iPhone case

01/13, 9:33pm

Go Mobile being tested in Utah, Oregon

US Bank is commencing trials of its Go Mobile payments service for mobile phones. Available in Salt Lake City, Utah and Portland, Oregon, the bank will allow iPhone 4 and iPhone 4s owners to perform NFC payments, by encasing their phone with a specially created case with Near Field Communications chips embedded.

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