PaymentsSource

Emerging Payments

• When It Comes To Mobile, Bank Of The West Is Done Waiting And Seeing

  PaymentsSource | September 2

  The mobile banking train hasn’t left the station yet, but time is running low to be considered an early adopter before the service becomes ubiquitous among banks. [FREE]

• Giftango Connects Mobile Developers To Merchants For Virtual Gift Cards

  PaymentsSource | September 2

  Virtual gift card provider Giftango Corp. on Sept. 1 released a software-development kit that enables mobile-phone application companies to develop gift card products consumers may use at the point of sale or redeem online. [FREE]

• Inner Fence Adds Card Reader For IPhones

  PaymentsSource | September 2

  Inner Fence, which makes the Credit Card Terminal application for Apple Inc.’s iPhone, on Sept. 1 announced it is shipping the Credit Card Reader, which attaches to an iPhone’s dock connector. [FREE]

• Smart Transit Card Adoption Increases Among Consumers, Study Finds

  PaymentsSource | September 2

  With several smart card-based transit projects developing around the globe,shipments of smart cards supporting transit applications will grow at an 11% compound annual rate through 2015, new research suggests.

• Visa Promotes Add-On Pay Chips For Phones

  PaymentsSource | September 2

  Visa Inc. hopes to prove to banks that a contactless payment chip in a mobile phone is a much more compelling product to consumers than the same chip in a plastic card. [FREE]

• VeriFone Buys Way Systems, Solidifies Mobile POS Position

  PaymentsSource | September 1

  VeriFone Systems Inc. plans to use its acquisition of Way Systems Inc. to attract more merchant interest in its mobile-payment systems. [FREE]