Thursday , January 9, 2025

Mobile Commerce

Subway Rollout Deal Launches Paydiant into Front Ranks of Mobile-Payments Players

The deployment, which is expected to start later this year, is being characterized by both companies as a national rollout rather than a pilot. Paydiant’s Chris Gardner, a co-founder of the Wellesley, Mass.-based company, refers deployment questions to Subway, which refuses to comment beyond the companies’ joint press release. The …

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Mobile Purchases Claim a Rapidly Rising Share of E-Commerce Traffic, Gateway Study Shows

By Kevin Woodward Smart phones and tablets continue to garner a larger share of payments as consumers increasingly use the mobile devices for more than talking and sending text messages, finds a survey from Amsterdam-based global gateway provider Adyen Inc. In the Adyen Global Mobile Payments Index, covering May through August, …

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Fast-Growing Braintree Brings Merchant Focus, Market Share to PayPal Wallet, Observers Say

EBay Inc.’s agreement to shell out $800 million for Braintree Payments Solutions LLC, announced on Thursday, signals the online auction giant’s desire to extend its PayPal brand further into mobile commerce and in-store commerce, analysts suggest. EBay’s confirmation of the deal, which is expected to close in the fourth quarter, …

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‘Medium-Sized’ Changes on Tap With PCI’s Pending Version 3.0

  The upcoming Version 3.0 of the Payment Card Industry data-security standard (PCI) is being billed as having more than a few tweaks but not wholesale changes from the three-year-old Version 2.0 that it will replace in November. “It’s a medium-sized change,” says Anton Chuvakin, research director, security and risk …

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In Helping out Archrival Square, Intuit May Have More To Gain Than To Lose

At first glance, it looks like a lopsided collaboration between competitors, but the agreement by which mobile point-of-sale upstart Square Inc. will integrate Intuit Inc.’s popular QuickBooks accounting software may end up benefiting both parties equally, some observers say. Under the deal, announced on Tuesday, users of the Square Register …

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Another Google Wallet Breakthrough: an App for Apple’s Popular iPhone

By Jim Daly In its second major Google Wallet announcement of the week, search-engine giant Google Inc. today said it is bringing the digital wallet for the first time to Apple Inc.’s iPhone, a move that opens the wallet to tens of millions of potential new users. And like Tuesday’s …

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Chirpify’s New Service Extends Hashtags Beyond Social Media for Payments

Social-media payments specialist Chirpify on Thursday introduced a service that lets marketers promote hashtags on a wide variety of media to solicit purchases. The so-called action tags can appear on TV or radio commercials, in print advertising, or on billboards and then be used on Twitter, Facebook, or Instagram, the …

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As Biometrics Picks up Steam, Jumio Adds Facial Recognition to ID Verification

With static passwords losing more and more effectiveness  as an authentication method, biometric identification is regaining momentum after years on the sidelines. A recent major example of this resurgence is Apple Inc.’s introduction this month of its new iPhone 5S, which features a fingerprint sensor to unlock the device. The …

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Revel Systems Launches Tablet POS for Concession Sales at Sports Stadiums

Tablet computers, which have invaded restaurants and retail stores since the introduction of Apple Inc.’s iPad three years ago, have now begun to see action at sports stadiums. Alabama State University’s newly built stadium on Aug. 31 became the first such arena to use the iPad for concession sales, according …

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New Funding Round Recognizes Paydiant’s Strategy to Stand Apart in Crowded Wallet Field

It may well be the mobile-payments app provider you never heard of, but Paydiant Inc. is winning deals with major banks, processors, and merchants, and on Tuesday it secured $15 million in a Series C round of funding. The financing brings to almost $35 million the cash injections the Wellesley, …

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