Square on Wednesday (Nov. 12) started taking orders for its already-announced EMV readers. The smartphone component will cost $29 and a desktop version $39. To put that into context, Square’s magstripe versions have always been free. Square said in a blog post that the units...
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...
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...
Tencent-owned WeChat has just made mobile shopping even easier for its users. The instant messaging app announced Friday (Nov. 7) the launch of an API (application programming interface) that allows mobile app developers to connect directly to WeChat official accounts, a TechNode report says. It’s...
Target, one of the founders of MCX’s CurrentC mobile payment effort, has been using its employees to test the program, the Minneapolis Star-Tribune reported Nov. 4. Target spokesman Eddie Baeb was quoted at that time saying that some Target headquarters employees had been testing CurrentC...
There are three things that I think we’d all agree are irrefutable outcomes of the launch of Apple Pay. Apple Pay has dominated just about conversation about mobile payments since 9/9. Apple Pay was the kick in the pants that everyone in the ecosystem needed...
North American Bancard announced the launch of PayAnywhere 3.0, the newest version of its point-of-sale solution, at Money 20/20 in Las Vegas, according to a company release.
Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years. The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...
Welcome to the bigtime, iPhone. You’re now subject to the same nasty malware as everyone else. What changed is a Silicon Valley security firm—Palo Alto Networks—came across some malware called Wirelurker, which is focused on iOS devices, according to a report in The Verge. The...
