03 Dec 14 @ 14:50

In September, One Touch mobile payments was announced with PayPal in the US, the industry’s first and only single touch payment experience across Android and iOS. Today, in an effort to... read more

03 Dec 14 @ 14:39

Online payments start-up Stripe on Monday closed a $70m fundraising round that has seen the company’s valuation double in less than a year to $3.5bn, as investors see promise in... read more

25 Nov 14 @ 15:24

By the end of 2015 eBay and PayPal will become independent, publicly-traded entities. A combination of shareholder pressure and competitive innovation is believed to be the source of eBay’s September... read more

21 Nov 14 @ 12:35

Retailers in the US are seeing an uplift in NFC payment transactions in the three weeks following the launch of Apple Pay, according to The New York Times. Grocery chain Whole... read more

19 Nov 14 @ 11:00

Creating merchant loyalty – location–based offers, discounts and targeted messaging are helping to place merchants at the centre of consumer engagement. According to research by IDC, 1.5 billion smartphones will... read more

17 Nov 14 @ 09:46

Despite the hype that has accompanied the launch of Apple Pay, less than a third of Americans would consider obtaining a mobile wallet app from Apple, while more than two... read more

17 Nov 14 @ 09:43

With Apple driving awareness of the potential of NFC payments with Apple Pay, it’s no surprise that the telcos are trying to defend their space. After Vodafone’s NFC false start in 2012,... read more

12 Nov 14 @ 10:02

SumUp has announced that it has integrated Bitcoin into its mPOS solution through BitPay, the world’s largest Bitcoin payment processor. The integration means that any bricks and mortar retailer can now... read more

10 Nov 14 @ 11:51

CurrentC, the MCX backed mobile payment system developed by a consortium of major retail chains, has made headlines lately for brazenly blocking Apple Pay transactions. The heat CurrentC faced from that poor... read more

05 Nov 14 @ 10:33

Apple’s move into payments with its Apple Pay service represents a tipping point for contactless payments, according to Verifone Europe president June Yee Felix, speaking at the Cartes 2014 event... read more

04 Nov 14 @ 10:24

Mobile commerce specialist Proxama is to acquire payment technology specialist Aconite Technology. According to the two companies, the acquisition will create a compelling end-to-end solution for card issuers to migrate... read more

27 Oct 14 @ 17:02

Swiping credit cards or using payment systems like Apple Pay at stores could become much safer thanks to a new Intel system, which could also make it easier for retailers... read more

07 Oct 14 @ 15:32

mPOS player Square has raised $150 million in a funding round, led by the Government of Singapore Investment Corporation. The funding round values Square at $6 billion. Existing investors Goldman... read more

29 Sep 14 @ 09:34

The rollout of chip and PIN credit cards could cost $8.6 billion or more. Some experts say it’s not worth it – that the technology is already obsolete, and that... read more

17 Sep 14 @ 11:43

As reported in PCM yesterday, Transport for London (TfL) has extended contactless payment support to the full Oyster network and operator EE has expanded its mobile micropayment service accordingly. Cash... read more

15 Sep 14 @ 13:08

As history repeats its self, Weve, owned by EE, O2 and Vodafone, has ditched plans for a joint mobile wallet, based on NFC, which was meant to help the operators... read more

16 Jul 14 @ 15:30

In a small step towards Apple’s payments ambitions, and one giant leap for the Apple rumour mill, the high-tech firm has launched an iTunes-backed payments system — in Japan. The company has... read more