Mobile Commerce

With the traditional lines between e-commerce and the point of sale blurring, a Boston-based startup on Tuesday introduced a mobile wallet that lets consumers shop at multiple stores, both brick-and-mortar and online, and skip past checkout lines. AisleBuyer LLC’s app, which works on iPhones and handsets running Google Inc.’s Android …

  Mobile remote deposit capture is poised for a boom, and when it happens it just might be an opportunity for banks and credit unions to capture fee income that, for payment services at least, so far has mostly eluded them. That’s one of the conclusions in a new Javelin …

  PayPal Inc. is dropping any pretense of not pursuing point-of-sale payments directly. The eBay Inc. subsidiary now promises that it has new services coming for paying at physical locations using smart phones. Third-party software developers for several years have been designing various apps that have blurred the line between …

Marketing via social-network tools, long thought to be a feature primarily of e-commerce, is rapidly moving to the physical point of sale as merchants seek new ways to generate sales and independent sales organizations look for ways to differentiate themselves. This move to the point of sale, meanwhile, has been …

n Visa Inc. announced on Wednesday a digital wallet aimed at increasing its share of transactions in mobile payments, e-commerce, and at the point of sale. n The digital wallet will store all the payment cards in a consumer’s wallet, including non-Visa branded cards, Jim McCarthy, Visa's head of global …

The hype still abounds, but mobile payments and banking seem to be taking some concrete steps this week toward wider adoption. –Mitek Systems Inc., the leading developer of software for mobile remote deposit capture, on Monday announced that five of the nation’s 10 largest retail banks now use its flagship …

The telecommunications companies that own the Isis mobile-payments joint venture have apparently given up on the idea of creating their own merchant network and instead are redirecting their efforts on a mobile wallet, according to a published report. If confirmed, the Isis move means that the existing payment card networks …

Intuit Inc. on Monday dropped flat transaction fees for its GoPayment mobile-payments service just over two months after Square Inc. did the same thing, an indication that a price war could be breaking out between two of the major companies competing for brand-new and small businesses that use smart phones …

When eBay Inc. released its fourth-quarter results back in January, the company’s top executives spent some time during their conference call with analysts discussing the potential effect of the Durbin Amendment on PayPal Inc., eBay’s e-commerce transaction processor. Durbin and its restrictions on debit card pricing and transaction routing remain …

Square Inc. has been the mobile-payments darling of Silicon Valley because of its association with social-network superstar Jack Dorsey, the co-founder of Twitter. On Wednesday, however, the San Francisco-based startup gained the ultimate stamp of approval from the payments establishment when it disclosed that Visa Inc., the world’s largest payment …