mobile payment

Google Wallet partners with Softcard and other mobile carriers

Ever since the tap and pay feature for Google Wallet was introduced almost four years ago, mobile payments and e-commerce have improved immensely. With the Google Wallet app on Android device, anyone can make e-payments by simply tapping the phone as long as NFC payment is allowed. Samsung may be ready to take on Google Wallet by acquiring LoopPay but the Mountain View company continues to also improve its system by partnering with the biggest innovators in the mobile industry.

Samsung acquires LoopPay, to rival Google Wallet and Apple Pay

September last year, Samsung was reportedly looking at a payment process through smartwatches. Nothing has materialized yet but the closest the South Korean giant introduced was the PayPal fingerprint secured payments coming to the Galaxy S5. Looks like Samsung is finally stepping up, hoping to rival Apple Pay and Google Wallet, with the announcement that it has acquired LoopPay. We heard of this rumor a few weeks ago and as it turns out, the story is true and LoopPay is joining Samsung's mobile branch.

Amazon throws in towel for its Wallet beta app

Mobile payments are becoming the future of transactions and a few companies have tried to jump in to the competition. Amazon released its Wallet beta app 6 months back, but has now thrown in the towel. Amazon announced today that it’s no longer continuing with the Wallet beta app. Don’t try to visit the site as all the links are no longer in existence.

Verifone announces new mPOS payment terminal, now supports different OS

Over the weekend, Verifone introduced a new operating system and device that retailers could use for mobile payment. It's an independent mobile point of sale (mPOS) payment terminal that receives mobile payment whether from a smartphone or a tablet. Officially called as PAYware Mobile e355, this newest Verifone mPOS terminal eliminates the need to frequent upgrading of both the mPOS terminal and the OS. This one comes with a special OS that can be tweaked, which means any merchant can customize and update the system as needed. No need to change the hardware at all since all it needs are some updates on the operating system.

Google Wallet to be accepted at Disneyland Orlando starting Dec 24

Families who are planning to go to Walt Disney World Resort in Orlando this Christmas break will now have another option to pay for their tickets and souvenir items as they announced that Google Wallet will finally be accepted as a mode of payment starting December 24. This will also pave the way for the system to be applied to other Disney properties, but at a later date.

Samsung working out deal to compete with Apple Pay

The relatively warm acceptance of Apple Pay – Apple’s wireless payment system that allows owners of the latest iPhone models to wave their smartphone instead of swiping your card to pay – has probably forced Samsung to look for a competing system using its own line of smartphones. The South Korean gadget giant is reportedly in talks with US payments startup LoopPay to make this happen.

Poynt pad tries to be all-in-one payment system for business

Point-of-sale systems, especially for small businesses, can sometimes be a very expensive pain with technology constantly updating and new payment methods continually cropping up. Former Google wallet chief Osama Bedier is behind a new product that will try to become an all-in-one payment system. It's called Poynt, and from the looks of it, it is poised (or will try) to revolutionize how we conduct financial transactions, at least digitally speaking whether in your store or even at bazaars and trade fairs.

Another pharmaceutical chain drops NFC payments

A few days after Rite Aid pharmacies announced they were not accepting any more payments from NFC mobile payment systems like Google Wallet, another one has followed suit. Fellow drugstore chain CVS if also discontinuing the payment system used by several platforms including the new Apple Pay, but the reasons may be self-serving (as expected) although highly inconvenient for customers who have only just started using mobile payments.

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.
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