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Paynearme at 7-Elevin

Paynearme continues forward with its partnership with 7-Elevin to allow people without credit cards or even regular bank accounts the ability to pay for purchase or bills like utilities. 7-Elevin is the location of payment but Paynearme has signed up a number of participating partners that will accept the back end payments.

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Square iOS apps: no signiture for under $25 transactions

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.

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Dwolla introduces Proxi

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.

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Presentation: Location-Based Services for Local Business

I was invited to give a presentation for the Alabama Social Media Association in July. It was a good turn out and I would like to thank Stacy Hood for the opportunity and all of the assistance at the event. Location based services, particularly delivered via mobile devices, offer local business an entirely new way to connect, service and monetize their relationships with their consumers.

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Mobile payments: the big picture

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.

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VISA to accelerate NFC migration

VISA announced today that it will accelerate its migration to EMV contact and contactless chip technology in the United States. The move continues VISA’s preparation for the coming wave of NFC enabled mobile transactions it first announced in May.

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American Express’ Serve adds Verizon

American Express’s payment service Serve has announced that it will be available in partnership with Verizon over the coming months. The Servedigital Wallet let’s users easily make purchases via their cell phone without having to enter in lots of credit card data. The move builds on previous announcements that Verizon will integrate with Payfone’s pass through carrier billing service, which American Express has also partnered with.

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Isis

Isis signs the four major credit card companies

Isis announced today that it has signed up all four major credit cards companies to join its NFC mobile payment platform. Isis has had some issues, including a really bad website, but it doesn’t seem like its going to go away quietly. The biggest advantage for Isis is that merchants will have an easier time incorporating the platform.

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Paypal, Verizon, Isis and the promise of NFC

Yesterday Paypal announced NFC integration for its shop and pay mobile transaction service. Paypal has made a number of moves and acquisitions lately so its not a big surprise. On the other hand Verizon is touting NFC for more than payment systems, which for the time being is probably going to be a hotter and more consumer ready use of the technology.

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