mobile payment

Samsung looking at payment process through smartwatches

South Korean gadget giant Samsung is reportedly looking at how they can incorporate simple payment functions to the next wearable devices – smartwatches, more specifically. The target is the Mobile World Congress slated for early in 2015, where by that time, Samsung is expected to launch a payments-enabled smartwatch.

Isis to become Softcard in official rebranding

Isis is a company that makes wallet software that is designed to allow users to shop, pay, and save money using their smartphones. The problem for the company is that a militant group from the Middle East that goes by the acronym ISIS is something that no company wants to be associated with.

Amazon enters the mobile payment space with Local Register

As more aspects of our lives become even more digital, mobile payments might just become the next step for retail shops. Square has established itself as the leader in the market, but now online retail giant Amazon is trying to make its way to this segment by launching Amazon Local Register. The program provides a card reader and an app that will help merchants and retailers accept credit and debit card payments without having to shell out for a credit card terminal.

Isis rebranding due to militant Middle Eastern group

Michael Abbot, head honcho at mobile payments outfit ISIS, has put out a statement today saying that his company is about to go on a rebranding process. The call to rebrand has been triggered by recent political and militant movements in the Middle East, where a group with the same acronym (ISIS) has been linked with violent actions in the area.
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