Red Pocket Mobile, a wireless company that offers contract-free phone and Internet service, is using Zipmark to allow customers to use digital checks to top up their accounts.
Bluetooth beacons, which can transmit offers to a nearby customer's smartphone and payment data to a merchant, have huge potential. But to get the most out of beacons, merchants have to place several of them throughout their stores, increasing the overall cost of deploying what is still a very new technology.
Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says Jacob Farber, senior counsel for Perkins Coie LLP.
As the U.S. shifts to EMV-chip cards to improve security at the point of sale, fraud will move online, and ACI Worldwide is preparing for that challenge. The payment technology company's $205 million purchase of ReD will help it close up vulnerabilities in card-not-present transactions.
A PayPal-run promotion provided a measurable mobile payments boost for Van Leeuwen Ice Cream Artisans, suggesting there's an appetite for a type of mobile payment that rival companies like Square have abandoned.
Investors have never been shy about treating Bitcoin as an investment rather than a spendable currency, but the companies that operate in the digital currency space have had a harder time attracting capital.
Mobile wallets are designed to make it easy to pay from a linked credit or debit card, but the process of using loyalty and gift cards can be a bit trickier. CashStar is working to take some of the pain out of this process for users of its gift card platform.
There's still a lot of paper used in transactions, and document automation company DocuSign's scaling up in an attempt to grab a share of paper-reducing efforts in several markets.
Amazon has released a beta version of an Amazon Wallet App that is currently focused on shopping and discounts, though it could serve as a launch pad for mobile payments. read more »