Mobile Commerce

Merchant Innovation
Uber Set to Launch New York Courier Service
April 08, 2014

Starting today, New Yorkers with courier needs will be able to tap into a new resource; UberRush. Those in need of a courier will be able to use UberRush’s app based intercase to hire a foot or bike messengers to send packages from Manhattan to...

Mobile Commerce
Selz Pushes New PayPal App
April 08, 2014

According to software-as-services provider Selz, an 80 percent of entrepreneurs work through PayPal when they are looking sell goods online, and SaS start-up thinks that they can make those transactions easier and smother with their new app. We started Selz as a simple payments alternative...

Mobile Commerce
Retailers And Apple Are Mobile Wallet “Wild Cards”
April 08, 2014

According to Jefferies electronics payments summit, Apple’s Mobile wallet and the evolving preferences of retailers are the biggest “wild cards” in the mobile wallet game today. “While news from Apple’s wallet offering continues to be limited,”  Jefferies analyst Jason Kupferberg noted in a research report.,...

In Depth
Start-ups Move Into the Big Leagues
April 08, 2014

Several new payments startups earned recognition this week for swimming into the big leagues and, highlight this week’s Startup Roundup. One such company, PayStand, said bye-bye to beta to take on magnate PayPal.

Europe
GrubHub Delivers for Investors
April 07, 2014

After an initial public offering at $26 a share, GrubHub stock surged upward 20 percent in its initial day of trading April 3. The stock had climbed as much as 50 percent over the course of day, but pulled back as tech stocks plummeted on...

CEO Series
Leaf Disrupts Acquirer Market
April 07, 2014

As point-of-sale processing evolves to include enhanced technology, including tablets and sophisticated POS software, many acquirers and independent sales organizations have found themselves being disintermediated by newer market players. A new Payment Apps marketplace tablet vendor Leaf is announcing today provides a means for them...

Mobile Commerce
Apartment-Rental Site Airbnb Picks Up Private Equity Investment
April 07, 2014

Airbnb Inc., and apartment-rental site, has reached an investment agreement with a group led by private-equity firm TPG for a funding round expected to total $450 million to $500 million.  Also participating in the round are T. Rowe Price and Sequoia Capital, an earlier investor. ...

Commentary
Apps and Merchants and Payments, Oh My!
April 07, 2014

Ever wish it were as easy as having a pair of Ruby Red slippers to get where you want to be? In the case of retailers, it would be to that omnichannel nirvana where consumers download their apps and use them exclusively. But, as MPD...

Mobile Commerce
UK mPOS Terminals At Risk
April 07, 2014

mPOS has been promoted as the next step in secure payments systems. Yet Thursday, MWR InfoSecurity researchers showed how MPOS terminals can be comprised via multiple attack techniques. “The researchers…displayed how an attacker could gain full control of the MPOS terminal, allowing them to display...