PayPal is buying Paydiant, a startup that provides the mobile payments and loyalty technology used by many big-name retailers use in their apps, for an undisclosed amount. PayPal also announced on… Read more »
MCX can’t have members break ranks and support Apple Pay or Google Wallet. Its own forthcoming app CurrentC will challenge both the mobile and finance industries, so it needs solidarity among… Read more »
iPhone 6 and 6 Plus can make their first Apple Pay transactions starting October 20, as more than 500 banks have signed on to participate. The new iPad Air 2 and… Read more »
Contrary to its popular image, Apple’s successes have more often come from fixing what’s broken than from building anew. And that puts today’s credit card payment system right in Apple’s wheelhouse. Read more »
Apple’s new mobile wallet won’t just support contactless payments at the register. It will broker online and in-app payments on your smartphone. Read more »
MCX’s long-awaited mobile wallet is now in a few pilot programs, but starting in 2015, it will become available to consumers at some of the biggest retail and restaurant chains in… Read more »
The mobile payments industry seems to get more heated by the day even as consumer demand remains unclear. Privacy concerns will increasingly threaten the brutally competitive industry, but payment providers who… Read more »
The Wall Street Journal offers an update this morning on a consortium of retailers looking to take on Google, PayPal and everybody else in the crowded (but dubious) market of mobile… Read more »
The Wall Street Journal this morning explains how a consortium of retailers is working together to launch their own mobile payment system. The group includes heavyweights such as Wal-Mart and Target,… Read more »