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Tyfone Inc. on Monday announced it has been awarded a pair of U.S. patents that the Portland, Ore.-based company says should make it easier to manufacture in commercial quantities key elements for mobile payments based on near-field communication (NFC) technology. NFC is a two-way contactless technology that allows, for example, …
Read More »Weeks Away from Launch, Isis Announces Its First Batch of Merchants
For months, the carrier-backed Isis mobile-payments initiative could boast just one accepting merchant, the Utah Transit Authority in Salt Lake City, one of two cities it plans to launch its service in this summer. That changed on Tuesday with the announcement that Isis has signed some 50 retail companies both …
Read More »Late to the Wallet Wars, MasterCard Unveils a Service It Touts As Open, Flexible
Nearly a year after major U.S. rivals introduced mobile wallets, MasterCard Inc. officially entered the market on Monday with a service that aims to trump competing products by being open to a wide range of payment brands and by offering tools that can let third parties develop their own digital …
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