Blog Archives

Square to get a $200 million Cash Infusion

Square, the producer of a tiny credit card reader, may soon get a massive cash infusion. The mobile payments startup is reportedly set to raise $200 million, which would give the company an implied valuation of $3.25 billion, Dealbook’s Evelyn Russli

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iZettle Coming Soon to Androids – Beta Testing Starts

A big development today for iZettle, the “Square of Europe” that wants to become the biggest mobile payment platform in the region. It is now extending its dongle-based service Android devices, to add to a service that already works with the

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World’s Fifth Payment Network PayPal

On a potentially historic day for the network, PayPal announced a massive slate of new payments partners, including fifteen retailers, four “mid-market” software providers, and, most notably, two of the world’s three largest point-of-sale terminal manufacturers. Perhaps the most transformative

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New Payments Startup Stripe Gets $20M

White-hot payments startup Stripe has closed a $20 million Series B round of financing, led by General Catalyst with existing A-list investors Sequoia, Peter Thiel (personally) and Elad Gil also following on. Redpoint will be coming on as a new investor along

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American Express Launches Payve – New Digital Payment Service for Businesses

PAYVE, a new digital payment service that enables large and medium sized companies to centralise the processing of multiple payment methods Read More

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PayPal and Digital Wallets Outrunning Banks

If digital wallets are so popular, why don’t banks develop their own versions?   When it comes to digital wallets, traditional banks have been slow to jump into developing products to offer their customers. Now, that lethargy is showing up

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Relaunching Venmo – Social Payments Connecting People

Venmo, the mobile phone payment app, just had a relaunch party at the Hotel Chantelle in New York City to show off its new social features. Read more: http://www.businessinsider.com/venmo-payments-social-2012-6#ixzz1xBIkpD00

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Welcome the New PaySaber Jack by USA ePay

USAePay Announces the PaySaber Jack. PaySaber Mobile Point-of-Sale Product Line Expands to Support Android. Read more

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iZettle Taking Over Starting with UK

Starting with merchants in Britain, iZettle is giving out 3,000 mini card readers as part of a limited rollout in the United Kingdom. Swedish payments startup iZettle is making its most significant since coming out of beta last year, with a pilot program to

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Japan to get PayPal

Softbank Corp said on Wednesday that it and eBay Inc unit PayPal will form a joint venture to expand Japan‘s e-payments market by targeting users of Apple Inc’s iPhone. Softbank, which competes with bigger KDDI Corp in supplying Apple’s popular smartphone

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