Mobile Commerce

PayPal Inc.’s latest effort to enter the nascent business of processing transactions for merchandise shown on television—so-called T-commerce—could also help recruit more merchants for the San Jose, Calif.-based company’s point-of-sale payment service, a PayPal executive tells Digital Transactions News. As it turns out, merchants that agree to accept PayPal at …

Ending months of speculation about is intentions in mobile payments and promotions, computer icon Apple Inc. on Monday entered the increasingly crowded market for digital wallets with an application it calls Passbook. At the same time, the company announced it now has card credentials for some 400 million users on …

In what may be a harbinger of things to come in mobile-payments pricing models, Boston-based LevelUp has dropped its merchant-acceptance fee from 2% of the transaction to zero. Instead, the company will earn merchant fees of 35 cents per dollar of incremental sales generated by the redemption of rewards earned …

Marketing revenue from mobile payments has the potential to dwarf payments revenue, as pundits have been saying for some time, but that potential will never be realized unless a new sort of payment network is built, argues a new report. Existing networks like Visa Inc. and MasterCard Inc., not to …

Intuit Inc.’s announcement on Tuesday that it has integrated its GoPayment mobile-payment processing application with its QuickBooks Point of Sale 2013 software is expected to make GoPayments more appealing to small businesses than rival products from the likes of Square Inc. and PayPal Inc. Earlier this week, Square announced that …

Nearly half of consumers are interested in using mobile wallets, and they are not necessarily wedded to wallet products from banks, according to research released on Monday. Indeed, some 48% of U.S. consumers surveyed online in April said they are interested in mobile wallets. Of these, 80% expressed a preference …

Merchant processor Square Inc. doubled the number of physical stores at which its now-famous payment card reader for mobile devices can be purchased with Monday’s announcement that the reader is available at Walgreen Co., Staples Inc., and FedEx Corp.’s FedEx Office stores. The three new merchants collectively add 10,000 locations: …

A startup called Zooz this week announced it has registered more than 1,000 developers for a payment plug-in that, the company says, streamlines card-based payments while users are within an app. Zooz, whose product is available for both Android and Apple iOS devices, also launched an HTML5 version to allow …

Groupon Inc. redoubled its efforts to penetrate the point-of-sale market with its acquisition of New York City-based software startup Breadcrumb, whose product lets restaurants run transactions on iPad tablets. The deal, announced on Tuesday, follows news that the Chicago-based daily-deal giant is testing a mobile-acceptance service in and around San …

High-end department-store chain Nordstrom Inc., which has been testing some 6,000 mobile devices for customer service and checkout, expects to roll out a significantly larger number of the devices in the first quarter of next year and to add as much capability to them as it has on its cash …