The potential of alternative currencies and payment protocols lies in not only the promise of faster, cheaper money exchange and financial transactions but also the creation of a new paradigm for… Read more »
Square and Starbucks have entered into a sweeping and wide ranging agreement that would cement Square’s role in the emerging mobile commerce economy. The coffee giant will accept payments through Pay… Read more »
The founders of micro-payment service Flattr have said they are worried that their business could be seriously damaged after Apple rejected a podcasting app that integrated with the system. Read more »
Even with the threat of PayPal looming, Square is seeing no slow down. The company told Bloomberg Wednesday that its annualized rate of processed transactions is now up to $5 billion,… Read more »
Much of this growth will be driven by the emergence of NFC technology and contactless payments. The existing NFC-enabled POS infrastructure in developed regions such as the U.S., Europe and Japan,… Read more »
There aren’t a lot of phones on the market which can serve as digital currency, but PayPal demonstrated Wednesday how its users will be able… Read more »
There have been many failed attempts at launching a digital-cash system, but that hasn’t stopped a group from trying to launch a “peer-to-peer” currency called Bitcoins. Although supporters are optimistic, the… Read more »
Lots of about next-generation payment platforms today, and it’s only beginning to ramp up. Most of the news surrounded PayPal’s developer co… Read more »
PayPal is set to launch a new product specifically designed to facilitate micropayments — a move that could set it up as a more attractive… Read more »
Ben Elowitz (@elowitz) is co-founder and CEO of Wetpaint, a platform for social web sites, and author of the Digital Quarters blog. Prior to… Read more »