debit and credit

debit and credit

Groupon and American Express put 'double-digit' million euro sum into payments startup SumUp

thenextweb.com
Financial services giant American Express and recovering daily deals company Groupon have banded together to inject an undisclosed amount of cash (though it’s apparently a ‘double-digit million Euro’ round) in European digital payments firm SumUp. The investment being announced today follows another such ‘double-digit million Euro’ (reportedly $20+ million) Series...
Groupon and American Express put 'double-digit' million euro sum into payments startup SumUp

Post Office to introduce contactless payment

www.guardian.co.uk
Roll out begins on 6 June across 11,500 branches, making Post Office the biggest user of contactless technology in EuropePeople buying goods and services through any Post Office branch will soon be able to use contactless credit and debit cards and payment-enabled mobile phones.Post Office will start to roll out...
Post Office to introduce contactless payment

Square Finally Closes $200 Million Round at -- Cha-Ching! -- A $3.25 Billion Valuation

allthingsd.com
Square has finally closed its fourth round of funding, which values the three-year-old company at a jaw-dropping $3.25 billion. The payments company is perhaps best known for allowing small businesses, such as taco trucks and taxicab drivers, to accept credit and debit cards using their mobile phones. It is also well-known,...
Square Finally Closes $200 Million Round at -- Cha-Ching! -- A $3.25 Billion Valuation

PayPal partners with DocuSign to help businesses collect signatures for online payments

thenextweb.com
eBay-owned online payment giant PayPal has announced today that it has teamed up with DocuSign to provide a way for business users and individuals to electronically sign their PayPal payments and seem them processed immediately. The partnership will see DocuSign’s Payment platform — which helped companies get signatures on contracts, agreements,...
PayPal partners with DocuSign to help businesses collect signatures for online payments

MymCart builds you a mobile-optimized Web store in minutes

thenextweb.com
While we’ve seen plenty of startups offer quick and easy ways to convert content from websites into a mobile-friendly form, there hasn’t been quite the same rush with mobile commerce. Now MymCart is offering a quick, easy, low-cost solution for any business that wants to sell its goods via a mobile-optimized...
MymCart builds you a mobile-optimized Web store in minutes

Square clone Payleven teams with payment solutions firm Elavon in battle with iZettle over Europe

thenextweb.com
Payleven, the Square clone that’s battling iZettle in Europe, has teamed up with Elavon, a global provider of payment solutions to over 1.2 million merchants. Incubated by Germany’s Rocket Internet (the Samwer brothers’ infamous startup accelerator), Payleven turns Android and iOS smartphones and tablets into card terminals, enabling small businesses...
Square clone Payleven teams with payment solutions firm Elavon in battle with iZettle over Europe
Mobile rail ticketing system coming to Boston this fall

Mobile: Dorsey and Schultz Spill the Beans on Starbucks Partnership

www.wired.com
Wednesday morning in New York, Jack Dorsey and Howard Schultz discussed the details of the Square-Starbucks deal, which Schultz defined a “game-changing partnership and alliance.” The two companies announced late last night that they would team up to bring Square’s mobile payment system to the world’s largest coffeehouse company. In...
Mobile: Dorsey and Schultz Spill the Beans on Starbucks Partnership

SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name

thenextweb.com
The Next Web was out and about at Finovate Europe this week, a 2-day London conference showcasing the future of financial and banking technology. One of the companies we met up with was SumUp, a Berlin-based firm that we last caught up with back in November, when it launched an...
SumUp demos its latest mobile-payments tech for Europe: Order a coffee simply by saying your name

Chirpify: Buy, Sell, Donate With Your Twitter Account

www.readwriteweb.com
It was only a matter of time. Tweets are now transactions. A new service called Chirpify has opened Twitter to e-commerce, enabling people to buy, sell, donate, pay and otherwise transact in-stream with their Twitter accounts. It's a storefront upload that's already being adopted by big companies like Hewlett-Packard,...
Chirpify: Buy, Sell, Donate With Your Twitter Account

How supermarkets get your data - and what they do with it

www.guardian.co.uk
It doesn't matter if you are part of a loyalty scheme, pay by card or even cash, 'Big Brother' supermarkets know your every moveWe all know supermarkets use information about our shopping habits to target us with personalised vouchers and offers - but how would you feel about sitting down...
How supermarkets get your data - and what they do with it

Twitter to Save Us From Ourselves & Phishing; More Is Needed to Make Innovation Safe & Viable

www.readwriteweb.com
It never ceases to amaze me how many high-tech industry elites get ensnared in every Twitter phishing attack. (See our November story 7 High-Tech Twitter Users Who Fell for Phishing Scams) This evening Twitter announced that a new program will intercept links sent out by Direct Message and through email,...
Twitter to Save Us From Ourselves & Phishing; More Is Needed to Make Innovation Safe & Viable

5 Experts Weigh In on the Future of Mobile Money [Part 2]

www.readwriteweb.com
What will money look like in 2020 and beyond? Will smartphones, smart cards and digital wallets kill the paper bill? The infrastructure needed to change the nature of transactions is already being built. There are issues to be tackled. The evolution of currency is not something that will happen...
5 Experts Weigh In on the Future of Mobile Money [Part 2]

Massive payment card upgrade has mixed results in Australia

www.computerworld.com
Despite a years-long upgrade of Australia's payment systems, fraudsters are still profiting, leaving a questionable record for a vast program to equip debit and credit cards with new security features....
Massive payment card upgrade has mixed results in Australia

European Square clone payleven rolls out payment app for Android in UK, Italy and Poland

thenextweb.com
Payleven, the Rocket Internet-incubated European Square clone, has began rolling out its mobile payments app for Android across Europe, starting with UK, Italy and Poland. Previously launched in home country Germany, payleven’s Android app – as well as its iOS app – enables merchants to turn their smartphone or tablet...
European Square clone payleven rolls out payment app for Android in UK, Italy and Poland

Starbucks, Square Partner Up to Make Paying for Coffee Even Easier

www.pcworld.com
Starbucks will begin processing all debit and credit card transactions with Square, and will invest $25 million in the startup....
Starbucks, Square Partner Up to Make Paying for Coffee Even Easier

O2 crash hits Barclays London bike rental scheme

www.guardian.co.uk
Almost one in five of capital's bike terminals out of commission for pay-as-you-go customers as O2 network used for paymentsBoris Johnson's popular fleet of rental bikes have become an unexpected victim of O2's nationwide outage, as more than 100 bike stations across London were hit by the network blackout.Some Londoners...
O2 crash hits Barclays London bike rental scheme

As Software Trumps Hardware In The World Of Payments, VeriFone Partners With CardSpring For Card-Linked Services

techcrunch.com
The world of payments is being turned over by the likes of Square, PayPal, Stripe and others, which are tackling the idea of payments based on hardware terminals, and new services that focus on innovations in smartphones and tablets with functionality coming by way of software iterations. Not to be...
As Software Trumps Hardware In The World Of Payments, VeriFone Partners With CardSpring For Card-Linked Services

SumUp launches its API so that developers can add payment functionality to their apps

thenextweb.com
SumUp provides a way for merchants to take debit and credit payments via their smartphone and today, the company has launched an API for its mobile point-of-sale solution. The API is available for both iOS and Android and the company hopes that this will help businesses and developers bring payment processing...
SumUp launches its API so that developers can add payment functionality to their apps

Flint Launches image-Based Mobile Payment App, Raises $3M Series A

betakit.com
The race to find the mobile payments solution that works best for every type of business is on, and San Francisco-based Flint Mobile thinks it has the ideal offering for small businesses who operate mostly on the go. Flint’s new app for iPhone debuts today, enabling mobile transactions via...
Flint Launches image-Based Mobile Payment App, Raises $3M Series A

European M-Payments Startup SumUp Partners With Revel Systems, An iPad POS Provider, For Its Push Into Europe

techcrunch.com
SumUp, one of the many European mobile card reader startups targeting small businesses — and taking advantage of Square’s continued absence to acquire users and build out a business — has taken another step designed to expand its reach by announcing a partnership with Revel Systems, a maker of iPad POS...
European M-Payments Startup SumUp Partners With Revel Systems, An iPad POS Provider, For Its Push Into Europe

Surprise! JP Morgan Chase Is A Winner In The Square-Starbucks Deal (JPM, BAC, SBUX)

www.businessinsider.com
There's an interesting wrinkle to Starbucks' agreement to invest $25 million in Square and use it for in-store smartphone payments. JP Morgan Chase is an investor in Square, and Square uses the bank's Chase Paymentech subsidiary to process debit and credit transactions. We're told that Starbucks has been using Bank...
Surprise! JP Morgan Chase Is A Winner In The Square-Starbucks Deal (JPM, BAC, SBUX)

Square Loses A 'Founder,' And An Investor Loses Control Of A Board Seat (SBUX)

www.businessinsider.com
Square COO Keith Rabois has resigned after running the online-payments startup through two years of hypergrowth, according to a statement he gave AllThingsD. AllThingsD's Kara Swisher reported that "disagreements" between Rabois and Square founder and CEO Jack Dorsey were "part of the reason" Rabois left. As recently as September, Dorsey...
Square Loses A 'Founder,' And An Investor Loses Control Of A Board Seat (SBUX)

Walmart is reportedly planning to launch its streaming service Vudu abroad, starting with Mexico

thenextweb.com
Walmart has big international expansion plans for its streaming video service Vudu, Variety reports. Quoting confidential sources, the Hollywood trade paper expects Vudu to launch in Mexico in June, followed by as many as 30 Latin American countries over the following months, as well as parts of Europe and Asia...
Walmart is reportedly planning to launch its streaming service Vudu abroad, starting with Mexico

Project Oscar hopes to bring mobile wallets to Europe

www.guardian.co.uk
Vodafone, O2 and Everything Everywhere have applied to the European commissionto form a company that would create a mobile wallet platformThe transformation of mobile phones into wallets could come as early as this summer after the UK's three largest networks submitted plans to Brussels for a joint venture they hope...
Project Oscar hopes to bring mobile wallets to Europe
MasterCard Opens Up: "No Single Wallet Will Rule Them All"

Is Google looking beyond NFC? Reportedly prepping plastic Wallet cards

gigaom.com
Google may be preparing to offer plastic Google Wallet cards, which will work with its existing online and mobile payment tool. Android Police has a leaked version of Google Wallet sent by a tipster that shows information about an upcoming Google Wallet card, which connects to a Google Wallet account and...
Is Google looking beyond NFC? Reportedly prepping plastic Wallet cards

With $34M, gift incentive network FreeMonee aims to upend advertising

gigaom.com
FreeMonee, a San Mateo, Calif.-based startup that enables merchants to drive traffic to their stores by crediting consumers’ debit and credit cards, has raised another $34 million. The round, which brings the company’s total funding to $45 million, was led by Charles E. Ryan, current Chairman of UFG Asset Management...
With $34M, gift incentive network FreeMonee aims to upend advertising

Google Wallet to phase out prepaid card, cut-off date set for October 17th

www.engadget.com
Google Wallet's prepaid card concept has been plagued with its share of security concerns, and though Mountain View seems to have sorted out those issues, it's now phasing out the prepaid card program entirely. The service was intended to make up for a limited choice in debit and credit...
Google Wallet to phase out prepaid card, cut-off date set for October 17th

PayPal's mobile payment service will go live in Europe with a funky new card reader

gigaom.com
PayPal is bringing its Here mobile payments service to the U.K., but its familiarly shaped triangle card reader will not be making the journey over the Atlantic. Instead PayPal is launching a new device that better fits the point-of-sale policies of Europe: a card reader with a numeric keypad for...
PayPal's mobile payment service will go live in Europe with a funky new card reader
× Just a test of the new info bar. What do you think?