Ryan Kim at GigaOm has a large post about the top 25 mobile payment companies. Mobile payment has been on the horizon for many years and finally had a break out in 2011. While its still early, mobile payments are going to be the next big thing as the world moves to mobile computing devices as primary platforms for accessing the web.
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Tag Archives: Mobile Payment
Square iOS apps: no signiture for under $25 transactions
August 25, 2011 
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In a move to speed up payment transactions, Square is introducing a streamlined process and discontinued the need for signatures on transactions of under $25. The moves comes with a number of application and website improvements all of which lead to the ability to conduct a transaction in under 4 seconds, according to the company. One of the tools to help that happen is called Card Case, which allows users to build a list of preauthorize vendors for rapid payment.
Read more Dwolla introduces Proxi
August 24, 2011 0 Comments
The online and mobile payment platform Dwolla is introducing a new proximity based serve called Proxi that allows users to send and receive cash to people close to them. The service is suppose to make things faster and easier by allowing a user to “tie” their account to a location or vendor.
Read more Mobile payments: the big picture
August 11, 2011 0 Comments
Gigaom Pro has a comprehensive look at the mobile payments landscape and draws some conclusions for consumer adoption over the next 5 years. The bottom line is that consumer’s switching to mobile wallets will only come if there are additional benefits like deals and offers and provide greater convenience than simply using credit cards.
Read more Verizon partners with mobile billing platform Payfone
June 13, 2011 1 Comment
Verizon has announced a partnership with mobile payment company Payfone to allow one click purchases via cell phone for online goods and services. This is in addition to the Isis payment consortium and the BilltoMobile relationship.
Read more Paypal buys Fig Card
April 29, 2011 1 Comment
Quickly following the Visa investment in Square, Paypal announces its purchase of Fig Card. Fig Card is a low cost, point of sale USB credit card reader that makes it easy for merchants to take credit card purchases using existing equipment.
Read more Visa makes investment in Square
April 27, 2011 1 Comment
As Jack Dorsey put it in a tweet this morning: “Absolutely the best way to start or grow your business.” Visa announced today they had taken a stake in mobile payment facilitator Square. The move represents Visa’s interest in reach the many small businesses and merchants that are not big enough to sign up for Visa’s merchant services, which the New York Times estimates to be around 27 million.
Read more Starbucks mobile payment app: 3 million users
March 24, 2011 0 Comments
Mashables reports today that Starbucks CEO Howard Schultz told shareholders that there have been 3 million users of the Starbucks mobile payment app, which only began in January of this year.
Read more Starbucks mobile payment app
January 19, 2011 2 Comments
Starbucks announced a nationwide mobile payment app for the iPhone and iPad that extends its Starbucks card and loyalty program to a mobile app.
Read moreAT&T and Sprint: mobile payment
October 28, 2010 1 Comment
AT&T and Sprint both announce new mobile payment solutions in the US. The mobile commerce/payment market is expected to be worth $633B by 2014, so its a huge opportunity anyway you look at it. However, when you add virtual goods into the mix and alternative “currencies” things really start to heat up.
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