Mobile Commerce

Mobile
IP 2014 Expo Participant PayRange Lands Funding, Launches Nationally
August 14, 2014

If there ever was a sector screaming for modernization—and especially mobilization—it would be vending machines. The potential to know inventory in advance, to know which of the 10 machines nearby have three of the desired item you and your friends want, to be able to...

Company Spotlight
Will SMBs Turn Back to Banks for mPOS Services?
August 14, 2014

News broke yesterday about Amazon’s plans to sell a branded dongle at Staples, making it the 123rd player to enter this very croweded space. But while a giant player could become a powerful new entrant, SMBs are starting to show a change of heart towards...

Merchant Innovation
TGI Fridays Pushes Pay By QR Code
August 13, 2014

TGI Friday’s wants to help consumers get in and out of their restaurants a little faster, and is using QR codes to do it.  As part of a series of upgrades to facilities in select locations across the nation, Friday’s has added scannable QR codes...

Financial Inclusion
Who Doesn’t Want Automated Fraud Alerts?
August 13, 2014

A recent FICO survey found that 91 percent of those surveyed were happy to receive automated messages to verify purchases with their payment cards, FICO’s Philip Doyle reported in the credit-scoring company’s Banking Analytics Blog. Almost as many (89 percent) said automated confirmation increased their...

Loyalty & Rewards
Amazon Rolls Out mPOS, Undercuts Fees From Square, PayPal
August 13, 2014

Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to hear: lower merchant fees than Square and PayPal Here. Amazon is in an awkward position, in that it is seen as...

Taxis Just The Beginning? Uber Preparing Public API
August 13, 2014

Preparing to leverage its success in the taxicab arena, Uber is preparing a public API that would allow developers to throw a similar “request button” on an unlimited number of apps, TechCrunch reported Tuesday (Aug. 12). The story points out that this isn’t Uber’s first...

Mobile Commerce
FoodPanda Delivers $60 Million In New Funding
August 12, 2014

Rocket Internet’s FoodPanda food delivery service has pulled in another $60 million in a new round of funding. The investment, which was announced on Monday (Aug. 11), came from new investor Falcon Edge Capital along with Rocket Internet AG. This series D round brings FoodPanda’s...

Merchant Innovation
Online Bridal Boutique Weddington Way Catches $9 Million In Series A Funding
August 12, 2014

Online bridal boutique Weddington Way has closed on another $9 million in funding, the retailer said Monday (Aug. 11). The investment round bring the company’s total funding to $11.5 million, TechCrunch reported. The Series A round was led by Javelin Venture Partners, while existing investors...

Merchant Innovation
Will EMV Tempt iZettle To Enter The US Market?
August 12, 2014

One might think that iZettle gets tired of being called the “European version of Square.”  Sure—they are both leading mobile point of sale systems that bring the wonders of credit card acceptance to small businesses, but the comparisons are seemingly unending. Running a Google News...