payment technology

payment technology

Rise of the robot restaurant

www.guardian.co.uk
Forget waiters: in the restaurant of the near future, you'll do almost everything yourself. Is this what diners really want?Is the waiter an endangered species? Visit the right British restaurants and you might assume so. This evening, you could eat at Piccolino and scan QR codes on the menu to...
Rise of the robot restaurant

Amazon Is Not A Commerce Company

techcrunch.com
Same-day shipping became the big retailer craze this holiday season. Why? As the New York Times points out, retailers are living in fear of Amazon.com and trying to match what the online retailer offers. The fear factor — Wal-Mart once had a trance on retail. Now it’s Amazon.com. But it’s not just retail that...
Amazon Is Not A Commerce Company

Apple awarded patent for its EasyPay in-store wireless payment technology

thenextweb.com
Apple’s patent collection is a little larger today after the company was awarded a patent for its EasyPay solution, which allows customers to scan and buy items from physical stores via the Internet connection on their device. The outline description for patent US 8,321,294 B2 – initially filed in January 2012...
Apple awarded patent for its EasyPay in-store wireless payment technology

Apple Reportedly Working with Australian Firm Microlatch on Fingerprint Recognition

www.macrumors.com
Even as AuthenTec's board of directors appears to moving toward approval of Apple's $356 million acquisition of the fingerprint sensor chip company, a new report suggests that Apple is also drawing on other expertise to assist with its mobile payments effort. According to The Australian (subscription required), Apple has signed...
Apple Reportedly Working with Australian Firm Microlatch on Fingerprint Recognition

Mobile Payments Won't Replace Cash or Credit for Another Decade

allthingsd.com
It will take another eight years for cash and credit cards to be replaced almost completely by smartphones. In a survey of technology experts and stakeholders, conducted by the Pew Research Center’s Internet & American Life Project and Elon University’s Imagining the Internet Center, 65 percent of people said they...
Mobile Payments Won't Replace Cash or Credit for Another Decade

PayPal may unveil Square-alike reader on Thursday

www.electronista.com
PayPal's mobile payment technology may lead to a direct competitor to Square. leaks emerging from GigaOM would have a plug-in reader to let a smartphone, and presumably a tablet, take credit cards through a native app. Other than a possible triangle shape, not much was known about what it would...
PayPal may unveil Square-alike reader on Thursday

Asian Video Games Could Sink Social Gaming Patent

paidcontent.org
A new patent troll last week fired a shot at Facebook, Zynga and others with a lawsuit that claims rights to in-game payments—the process that lets players buy and sell virtual items within a video game. But one lawyer says the patent in question could be KO’d by video...
Asian Video Games Could Sink Social Gaming Patent
Square gets the green light to proceed with NYC taxi payment program

Paypal buys credit card scanner

www.bbc.co.uk
Paypal takes over software developer Cardio in a move that may help it head off the rival NFC contactless payment technology....
Paypal buys credit card scanner

Coming Soon to a Taxi Near You: Square Wants to Replace Taxi TVs with iPads and Apps

www.betabeat.com
What if instead of a squawking box, capable only of blaring at you from the partition, Taxi TVs looked more like your smartphone and came stocked with apps like Foursquare? Square, the mobile payment company headed by Jack Dorsey, is trying again with a daring proposal for the Taxi and...
Coming Soon to a Taxi Near You: Square Wants to Replace Taxi TVs with iPads and Apps
After Declining Wonga Offer, On Deck Lands $42M From IVP, SAP & First Round To Bring Online Lending To Main Street

Nigeria announces national ID cards with electronic payment capability built in

thenextweb.com
Last week at the World Economic Forum on Africa held in Cape Town, South Africa the Nigerian National Identity Management Commission (NIMC) and MasterCard announced their collaboration with plans to roll-out an initial 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability. The 13 million cards will form...
Nigeria announces national ID cards with electronic payment capability built in
Retailers Getting Into Mobile Payments, Citing Security Concerns, Wanting User Data

Follow-Up: MasterCard Is Killing U.S. Credit Card Magnetic Strips, While Pushing NFC Tech

www.fastcompany.com
MasterCard has revealed it's finally pushing the EMV system (aka chip-and-PIN) across its U.S. credit card infrastructure. Developed well over 15 years ago, the technology is ubiquitous in Europe to the extent some card readers have issues with visiting American tourists' old-fashioned plastic. Its main advantage is security, as a...
Follow-Up: MasterCard Is Killing U.S. Credit Card Magnetic Strips, While Pushing NFC Tech

Visa to Launch Contactless Mobile Payments for iPhone

www.readwriteweb.com
Want to pay for purchases by waving your iPhone in front of a payment terminal at checkout? That will soon be a reality thanks to a new partnership between Visa Inc. and DeviceFidelity, who have teamed up to launch a mobile payment technology for iPhone 3G and iPhone 3GS devices....
Visa to Launch Contactless Mobile Payments for iPhone

Vodafone launches M-Pesa mobile banking service in India, targeting 700m 'unbanked' people

thenextweb.com
Vodafone has launched M-Pesa, its mobile banking solution for emerging markets, in India as it looks to bring basic services to the estimated 700 million-plus people in the country that remain ‘unbanked’. M-Pesa was founded in 2007 and the solution has seen great success in Africa, having been deployed in eight...
Vodafone launches M-Pesa mobile banking service in India, targeting 700m 'unbanked' people

New Ethan Stowell restaurants implementing Viableware payment system

www.geekwire.com
If you choose to dine at Ethan Stowell’s newest Seattle-based restaurants, Bar Cotto and Rione XIII, then you’ll likely encounter a unique way to pay for your grub. The eateries are now using payment technology from Kirkland-based Viableware that allows guests to peruse a digital copy of the bill, calculate tips,...
New Ethan Stowell restaurants implementing Viableware payment system
Paydiant raises $12M, tackles mobile payments like it ain't no thang

Tabbedout releases SDK to give restaurant apps payment powers

gigaom.com
One of the most broken experiences at a restaurant is paying for the check. After flagging down a waiter, I have to wait until they can bring me the bill. Then it’s another wait to give them my credit card and then one more interaction to sign the bill before...
Tabbedout releases SDK to give restaurant apps payment powers

Parking Payment Startup QuickPay Raises $3.5M, Powerset Founder Barney Pell Becomes CEO

techcrunch.com
QuickPay, a startup that helps drivers find and pay for parking, has brought on a new CEO — Barney Pell, the founder of semantic search company Powerset (which was acquired by Microsoft in 2008 for a reported $100 million). It’s also announcing $3.5 million in seed funding. Pell (pictured below) isn’t exactly...
Parking Payment Startup QuickPay Raises $3.5M, Powerset Founder Barney Pell Becomes CEO

Paying With Square's New Mobile-Payments App

allthingsd.com
Over the past week and a half, I’ve purchased seven cups of coffee, three bags of beef jerky, two cookies and a pastry. With my smartphone. It’s not a sustainable diet, but that’s what was available at the relatively few shops around San Francisco and New York City that are...
Paying With Square's New Mobile-Payments App

Square Wallet Will Now Be Accepted In Over 7,000 Starbucks Stores In The United States

techcrunch.com
We knew that Square did a huge deal with Starbucks that would eventually wipe out the need for old-school cash registers, and the company shares tonight that the shift is in full effect. Starting now, over 7,000 Starbucks stores in the US will be able to accept Square Wallet. Don’t...
Square Wallet Will Now Be Accepted In Over 7,000 Starbucks Stores In The United States

Google says mobile payments growing fast

www.techhive.com
Mobile payments with Google Wallet are growing fast, but the road to wide acceptance of NFC in the U.S. will be slow, the head of Google's payments unit said Friday. The number of NFC (near-field communication) transactions with Google Wallet doubled in the first six weeks after the Aug....
Google says mobile payments growing fast

Facebook partners with Bango, looks to mobile payments and operator billing

thenextweb.com
Following Facebook’s S-1 filing for its upcoming IPO, it soon become clear that whilst the company saw its mobile presence booming, it knew it hadn’t done enough to monetize its offering and had its hand forced by a reliance on the platforms on which it operated. However, with reports suggesting...
Facebook partners with Bango, looks to mobile payments and operator billing

MasterCard Bets On NFC: Releases PayPass Developer Toolkit For Android, BlackBerry Platforms

techcrunch.com
Apple decided to forgo NFC support with the release of the iPhone 5, but that hasn’t stopped payments companies from continuing to invest in the space. Case in point: today, MasterCard released a software development kit for its mobile PayPass technology for the Android and Blackberry OS 7 platforms which...
MasterCard Bets On NFC: Releases PayPass Developer Toolkit For Android, BlackBerry Platforms

Microsoft Shows Off Payment Technology in New Phone Software

bits.blogs.nytimes.com
Microsoft's mobile operating system, Windows Phone, hasn't made much of an impact on the phone market, but the company is investing even more in the software with a major upgrade set for release this fall. What's it got that Apple doesn't? A complete mobile payment system....
Microsoft Shows Off Payment Technology in New Phone Software

China's Alipay relaunches its e-payment app as Alipay Wallet with online-to-offline payments

thenextweb.com
Alipay, the mobile payments company owned by Chinese e-commerce giant Alibaba, has announced a significant relaunch of its Android app which has become a digital wallet enabling payments. Alipay — China’s top online payment services — says a version for the iPhone will be available “soon”. The app, which has been...
China's Alipay relaunches its e-payment app as Alipay Wallet with online-to-offline payments

mPowa Partners With Portugal Telecom To Deliver Square-Like Mobile Pay

www.fastcompany.com
An international multi-year deal will see mPowa's mobile pay solution hit Africa, Asia, Europe and South America. As reported in TechCrunch, U.K. firm mPowa has signed a deal with Portual Telecom which will see the European telecoms firm reselling mPowa's mobile payments services. The deal is rumored to be...
mPowa Partners With Portugal Telecom To Deliver Square-Like Mobile Pay

Orange announces the Samsung Galaxy S3 as its first 'Quick Tap' UK NFC Android phone

thenextweb.com
Orange has announced today that the Samsung Galaxy S3 is to be the first Android device to feature its Quick Tap contactless payment technology, in cahoots with Barclaycard. Just to recap, back in January, we reported that Everything Everywhere – the parent company of Orange and T-Mobile – was teaming...
Orange announces the Samsung Galaxy S3 as its first 'Quick Tap' UK NFC Android phone

Learning from Kenya: Mobile money transfer and co-working spaces

thenextweb.com
Since Africa is trying to solve problems that we in the Western world do not have, it’s tempting to say that innovation there isn’t really relevant to us. But upon visiting Africa, one realizes that to ignore its recent innovations is a big mistake. Take the case, for example, of the...
Learning from Kenya: Mobile money transfer and co-working spaces
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