Folks who use eBay’s PayPal payment service will be happy to hear that the company updated its iOS client this morning, bringing the app to version 5.4. The update brings about an important new security feature as well as various other improvements.
The new security feature allows you to attach your mobile phone to your PayPal account so that they can be sure it’s you authorizing activity. It does this by linking the phone number(s) of the device(s) you use PayPal on to your 4-digit security PIN code… Read More
Originally a Kickstarter campaign, Loop’s mobile payments device, the Fob, is now available for purchase online at the Loop webstore. The $39 adapter has a contactless chip inside and uses patented technology to encrypt your credit card information on a secure memory module. By storing all of your credit cards, the Fob lets you make payments at virtually any terminal in the U.S.
The Boston-based startup has partnered with a bunch of retailers and credit card issuers to make the solution play nice with virtually all of major points of sale in the United States. In addition to the $39 adapter, Loop will also introduce a $99 Loop ChargeCase later this year… Read More
Case maker Incipio two weeks ago announced its new iPhone case, the Cashwrap. It brings mobile wallet functionality to the iPhone 4/4s/5/5s by incorporating NFC technology. The case is compatible with the carrier-backed Isis Mobile Wallet app which makes it possible to pay with your device at participating retailers, mass transit systems and more, using an Iris account.
AT&T initially rolled out the Cashwrap to its own retail stores and yesterday the accessory became available to order in Verizon stores nationwide and from the Big Red carrier’s online store… Read More
Released last September following the public launch of iOS 7, Google’s Wallet for iPhone application has since seen one major refresh and a couple maintenance updates.
In December, for example, the app gained the ability to authorize users using Single Sign-On and add a credit or debit card to Wallet by taking a picture of the physical card using the iOS device camera.
It’s no secret that PayPal and Apple partner on iTunes billing, making the payment giant one of the few billing methods available in iTunes.
Matter of fact, PayPal has existed in Apple’s payment system for years now. It would now seem that PayPal wants to run the iTunes billing backend with other retailers as the company is “willing to white label parts of its payment service,” according to a new report Thursday.
PayPal has a strong, established online presence and they’ve been partnering with a growing number of in-store payment companies so the firm could theoretically help build a rumored Apple-branded mobile payment solution… Read More
Apple just finished up its quarterly earnings call a few hours ago where it offered up sales numbers for the holiday quarter, forecasts for next quarter, and everything in between. Tim Cook even fielded some questions from overly-eager analysts.
While most of these questions were fairly dull, there were a handful of them worth noting, including one about Apple’s plans for the mobile payment space. Obviously Cook wouldn’t answer the query directly, but his response was rather interesting… Read More
The Wall Street Journal is reporting tonight that Apple is looking to develop a new mobile payment service. The outlet says that SVP of Internet and Services Eddy Cue has met with other companies regarding Apple’s plans to use its iOS devices to handle payments.
With hundreds of millions of active iTunes accounts, Apple has one of the largest credit card banks in existence. And pundits have been saying for years that the company could leverage its mega user base by coming up with some sort of mobile payment system… Read More
Incipio announced today the launch of its new Cashwrap Mobile Wallet Case for the iPhone 4, 4S, 5, and 5s. The case features NFC tech, and works with the Isis Mobile Wallet app that lets users pay with their smartphones at participating retailers.
The accessory-maker has teamed up with AT&T to bring the Cashwrap to the masses, and it will be available in the company’s stores starting this month. The goal here is to get more iPhone owners using the carrier-backed Isis for mobile payments… Read More
Following a significant delay, the Internet giant Google finally released its free Wallet for iPhone app back in September 2013. But in bringing its troubled mobile payment service to Apple’s platform, Google left out some of the capabilities found in Wallet’s Android counterpart, such as the ability to make in-store payments with the app (not surprising considering iPhones lack NFC). The company added a few new features via two recent updates and today the Wallet app has been refreshed with some new functionality.
For starters, you can now instantly sign on to Wallet if you use other iOS apps from Google. Google previously rolled out this rather useful feature to its popular iOS apps, allowing you to, say, just tap your Google Account already used in Chrome in order to log in to the Gmail iOS app.
Go past the fold for additional details… Read More
A punditry consensus has been forming for some time that Apple of California is planning on entering the mobile payment space with a service of its own. Conventional wisdom has it that such a product would tap into more than half a billion iTunes accounts with credit cards on file.
An Apple job listing now indicates in black and white that Apple’s management is in the process of hiring experts who will “help build a next-generation payment platform” to help its retail “enter new markets”… Read More
PayPal has long had a nice albeit somewhat limited iPhone application available in the App Store. Back in September, they gave the software a much-needed redesign while expanding on feature set with useful new capability like the ability to pay at local shops, save offers and order ahead, to name a few.
Today, the team followed up with another feature-laden update. PayPal 5.2 for iPhone does away with skeuomorphism in favor for a much cleaner look that fits nicely into the overall iOS 7 aesthetics. More importantly, you are now free to withdraw cash, pay using QR codes and more… Read More
Facebook is testing a new payments product that would allow online shoppers to make purchases using their login info, according to a new report from AllThingsD. The move is reportedly an effort to simplify online checkout processes.
Citing sources, the site describes the service as one that allows shoppers who have provided Facebook with their credit card credentials to make purchases on partnering e-commerce sites without having to enter their billing information… Read More
Even if you’re not a Square user, you should pay attention to what the company is doing in the mobile payment space. This is an area Apple has long been rumored to be getting into, expanding on its Passbook app, and if that happens, Square will be among its top competitors.
Having said that, Square updated its popular Register software today, bringing the app to version 3.2. The changes made in the update are fairly significant, and include the ability to track and record a number of various payments types, and [finally] Bluetooth printer support… Read More
While increasingly common to use your iPhone to reserve a seat at your favorite table, there has been that annoying task of paying the tab at the end of the meal. A leading player in online reservations, OpenTable, is testing a way to eat out and never touch your wallet.
According to reports, OpenTable – which also lets you reserve a table via Apple’s Siri as well as a separate free app – has begun testing a feature allowing diners to pay for their meals with the iPhone. Perhaps most appetizing is the CEO’s pledge that “no geeky stuff” is required… Read More
Nearly three years after it was first announced, Isis is finally set to debut on the national stage. Bloomberg is reporting this morning that the carrier-backed mobile payment service will see a nationwide rollout this year.
For those unfamiliar with Isis, it’s a joint venture between AT&T, T-Mobile, and Verizon, looking to change the way consumers pay for things using NFC and other tech. And after 9 months in testing, it’s ready for launch… Read More
Twitter founder Jack Dorsey’s mobile payment startup Square has been gaining serious traction, slowly but steadily. Just recently, the company released a stylish Stand accessory which turns your iPad into a full-blown cash register.
Square has also updated its Register app with kitchen tickets and a bunch of new features for restaurants and today their universal Wallet iOS app has received a face-lift and gained several new capabilities in a major 3.0 update… Read More
Look out Square and Paypal, Payleven has inked a major deal with Apple to sell its mobile payment solution. The Rocket Internet-backed startup is now selling its Chip & PIN at a number of the company’s retail and online stores.
Payleven says it has been talking to Apple about a global distribution deal for several months now, and the two sides only recently reached an agreement. Apparently the company is as protective of its retail stores as it is its App Store… Read More
Twitter co-founder Jack Dorsey’s other startup, the payment service Square, today announced an interesting hardware dubbed the Square Stand. The all-white stylish accessory lets merchants run their business from an iPad and requires the Square Register iPad app to process payments. The Stand shouldn’t be confused with the Business in a Box, Square’s $299 (and up) bundle that incorporates an uglier iPad stand, cash drawer and an optional receipt printer… Read More
Square’s Register, the free point of sale app, has been available on the iPhone and iPad since May 2010 and has seen a number of updates since. And with the release of Square’s all-in-one $299 iPad POS bundle in February 2012, the Register app gained prominence as the POS solution was designed from the ground up to work wirelessly with the Register app. Today, Square updated the Register software with kitchen tickets and several new ordering features to better server restaurant owners… Read More
Apple thus far has filed for a number of patents related to mobile payments, all seemingly pointing to a unified mobile payments solution dubbed iWallet. The most recent filing details a new transaction patent which goes to great lengths highlighting methods for conducting and managing financial transactions on smartphones such as the iPhone, giving hope that Apple engineers could in fact be secretly developing an on-the-go financial transactions service aimed at owners of iOS devices.
Titled “A method for conducting a financial transaction,” it focuses on Apple’s previous iWallet patent claims, with one publication suggesting that Apple could now be one step closer to launching a mobile payments solution on iOS devices, uite possibly based on NFC technology, which stands for Near-Field Communications… Read More