More Mobile Payments News
Amazon.com has introduced a card reader coupled with smartphone and tablet apps that aim to provide small businesses with a way to accept payments on these devices.
A security feature offered by PayPal to help prevent accounts from being taken over by hackers can be easily circumvented, an Australian security researcher has found.
A coalition of retail industry trade groups this week called for the creation of an open tokenization standard for protecting credit and debit card data from theft and misuse.
Visa announced a new simplified digital payment service called Visa Checkout, which is designed to allow customers to pay quickly for goods online on any connected device.
Google aims to fuel international sales in the Play store by expanding the use of carrier billing and letting developers sell apps in more countries. The company has also added PayPal as a new payment method in countries such as the U.S. and Germany.
An online wallet for the dog-themed cryptocurrency dogecoin said Thursday it lost 280 million coins, worth about $130,000, after attackers gained access to its virtual machines on Sunday.
Bitcoin payment processor BitPay raises $30 million to fund its international expansion.
PayPal has unveiled a new global branding campaign designed to put greater focus on its ability to let people make payments for goods and services anywhere and anytime.
The Chicago Sun-Times is now accepting bitcoins as payment for subscription, becoming the first major U.S. newspaper to take the digital currency.
A powerful group of retailers plans to roll out mobile payments in 2014 by scanning barcodes from smartphones, a move that sets up a potential battle with backers of NFC and Google Wallet.
Mastercard and roaming infrastructure company Syniverse have come up with a way to protect credit card transactions abroad with help from a phone's location.
Bitcoin fell below US$100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold.
A group representing 22 of the world's largest banks is pushing for broad adoption in the U.S. of payment card technology called tokenization, citing shortcomings in the planned migration to the Europay MasterCard Visa smartcard standard over the next two years.
A problem identified by Mt. Gox as a bug in Bitcoin software is actually a longstanding technical issue Mt. Gox should have prepared for, the Bitcoin Foundation said Monday.
Apple on Wednesday removed Blockchain, the last remaining application in its mobile store for transmitting bitcoins, signaling the continuing uncertainty around the virtual currency.
Starbucks was able to generate a staggering $1 billion in revenue from smartphone transactions used at sales terminals in its stores in 2013 largely due to the fanatical loyalty of its customers, according to a recent estimate.
Apple is making internal and external moves to expand its ability to handle mobile payments, stepping more deeply into a market where rivals would include PayPal, Google and niche specialists like Square and Stripe, according to The Wall Street Journal.
The data breaches at Target and Neiman Marcus have re-ignited a campaign by retailers to get U.S. consumers to carry "PIN and chip" credit and debit cards instead of less-secure magnetic stripe cards. Lost in the debate are mobile payments using NFC smartphones.
Prosecutors in New York have charged 13 members of a gang accused of stealing $2 million from gas station customers using Bluetooth-enabled skimmers hidden inside pump ATMs.
When Kanye West wrote the lyric, "I'm chilling, trying to stack these millions," he probably did not mean digital currency. But a new technology might give him pause, or at least have him scratching his head.