Visa CEO Charles Scharf on Wednesday (Nov. 12) said that not only is tokenization “the single biggest change that’s been made in the payment networks easily over the past 15 or 20 years and maybe longer,” but he spoke about how it enables Visa to...
Airbnb announced this week that their current app has been updated. Within the new updates, Airbnb noted that the app would allow users to book and finalize accommodations in a seamless fashion by utilizing the newest mobile payment solution on the market, Apple Pay. Airbnb...
Gift card marketplace Raise.com has pulled in $18.1 million from Bessemer Venture Partners, according to a report from Gigaom. The story points out that the deal includes BVP partner Jeremy Levine joining the board, which the report finds more interesting than the deal itself. “Levine...
Click here to see this week’s breakdown of investments Weekly Breakdown Tis’ the season for shopping. Well almost anyway. The first week of November saw an investment community gearing up of the holiday shopping season, with $571 million in investments all in, about half of...
Apple Pay isn’t in Canada yet, but the Canadian government is working on legislation that would make it legal for merchants to pass mobile payment fees to the customer and have the option to reject mobile payments, MobileSyrup reported. “Recently, the two biggest credit card networks...
Canada is eyeing regulations that would allow retailers to avoid fees from mobile payment services that don’t actually exist yet, a recent report states. Officials are considering a proposal that would allow retailers to reject Google Wallet as stores raise fears that accepting the payment...
The potential Alibaba and Apple Pay partnership is looking good as negotiations between the companies are underway, AppleInsider reported. Alibaba and Apple have had ongoing talks which have been “positive,” but no official agreements have been reached as details are worked out. Alibaba is looking to...
Payment gateway provider Merchant Link is adding mobile payments and marketing support to its offerings, thanks to a newly announced agreement with startup Mocapay. The deal means Merchant Link — which supports payments for more than 300,000 restaurant, hotel and retail locations — will offer...
The mPOS space has seen a 30 percent year-over-year growth in the last three years. In addition, 30 percent of the top 20 U.S. retailers have deployed mPOS devices in-stores. Today, more than ever, it's easy to envision a world where mPOS is the norm,...
