Slowly and surely FB is launching real-money apps and hopefully transfer system for cashing out. Read it here
Slowly and surely FB is launching real-money apps and hopefully transfer system for cashing out. Read it here
Payments Perspective: Will That Be Cash or Cell? A perspective as given by the Fed Bank of Richmond. (PDF Document)
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…
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…
First National Bank (FNB) Cellphone Banking is launching a new banking service via Facebook (view press release). The service will enable the bank’s customers to access certain banking services whilst on Facebook. To access banking through Facebook, customers need to link…
Paypal VP Hill Ferguson announced the company’s acquisition of mobile credit card payment service Card.io today. Card.io, which was available for iOS and Android, allows small vendors to accept credit card payments like Square, but instead of scanning a card’s magnetic…
Visa Inc., MasterCard Inc. and some large banks agreed to pay scores of retailers—from giant Publix Supermarkets Inc. to an interior-design store in Minnesota—more than $6 billion to settle a long-running lawsuit, in a pact that also permits merchants to charge more to customers…
Joseph Burton, an information security attorney and managing partner at law firm Duane Morris, says the ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank is significant for a number of reasons. But the point that…
PayPal is partnering with Malaysia Airlines to provide mobile payments on any internet-connected mobile device (view press release). The Airlines MHmobile app and flymas.mobi mobile site will now accept PayPal for all its domestic flights and from Malaysia to its international destinations.…
