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Wiring money home (especially as cash) can be an awkward, expensive and time-consuming ordeal -- but it's about to get a whole lot easier. PayPal announced on Wednesday that it is acquiring San Francisco-based digital money transfer startup Xoom (no, not the tablet maker) to make "international re...

5 days ago 0 Comments
July 1, 2015 at 7:54PM
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RBS has just stepped into another IT nightmare. The company, which owns the Royal Bank of Scotland, NatWest, Coutts and Ulster Bank, has admitted that 600,000 customer transactions weren't completed last night. It hasn't revealed the exact nature of the problem, referring to it only as "an issue w...

19 days ago 0 Comments
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Google may have been the first big tech company to push NFC payments, but it was Apple Pay that got the public excited about buying things with your smartphone. At a Google I/O session for Android Pay, the search giant announced that it was partnering with McDonalds and Papa John's Pizza to launch...

1 month ago 0 Comments
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Google SVP Sundar Pichai may have tipped the company's hand on mobile payments back in Barcelona, but he offered little detail on how the system would work. At I/O 2015, though, the folks in Mountain View served up a wealth of details on the matter, including the announcement that Android Pay woul...

1 month ago 0 Comments
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Square's let you securely wire money via its (cringe-inducingly named) $Cashtags for a bit now, but the feature's gotten a little more streamlined as of late. Now, you can specify a dollar amount for payments by appending the 'tags with a number. For example: cash.me/$RED/5 is a $5 donation toward...

1 month ago 0 Comments
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There's no short, elegant way to describe bitcoin, but if you put a gun to our heads, we'd say that it was digital gold. That's because the cryptocurrency is based on a limited quantity of a resource that is then used as a method of exchange. Unfortunately, bitcoin's popularity within the high-min...

2 months ago 0 Comments
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If you're looking to get a little more mileage out of that fitness tracker, Jawbone and American Express are about to lend a hand. The duo is teaming up to bring a payment feature to the former company's line of gadgets. Of course, Apple's new wearable sorts payments too, and now a similar functio...

2 months ago 0 Comments
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If you're the type who uses Venmo to pay your buddies back for artisanal cupcakes, congratulations: You're a little bit safer now. Venmo announced the other day that it was rolling out a new two-factor identification feature -- when the service detects a login from a new device, it'll send you an ...

3 months ago 0 Comments
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We hope you didn't just get some business cards printed, because you're going to want a new set. Square already simplified card payments with its phone-based swipe widget, and allowed businesses to take money through its Cash app. Now, it's introducing another way to fill (digital) wallets: "$Cash...

3 months ago 0 Comments
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Bitcoin may have a long march toward legitimacy, but that doesn't mean its technical design isn't about to go mainstream. Reuters is reporting that IBM is examining the cryptocurrency's inner workings in an attempt to build a new form of international payment system. The idea behind the scheme is ...

3 months ago 0 Comments
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Apple was quick to tout payment support on the Apple Watch, but how does it work, really? How easily could a thief go on a shopping spree with your timepiece? Don't worry about waiting until the launch to find out, as the company's Eddy Cue has spilled the beans on Apple Pay support a little early...

4 months ago 0 Comments
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Reports of thieves using stolen payment info with Apple Pay surfaced earlier this week, and banks are already stepping up security measures. In fact, the culprits used the software to employ credit card details stolen during Target's massive breach in 2013. The Wall Street Journal reports that tho...

4 months ago 0 Comments
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There was no question that AT&T, T-Mobile and Verizon gave up on their Softcard mobile payment service when they agreed to pre-install Google Wallet, but it's now apparent that they're beating an especially hasty retreat. Softcard is telling users that its service will stop working after March...

4 months ago 0 Comments
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PayPal is no stranger to mobile payment solutions, but at Mobile World Congress, the company is making a useful upgrade to its Here card reader. In addition to being able to handle payments from those chip-and-PIN credit/debit cards, the new version of PayPal's transaction tech will also support N...

4 months ago 0 Comments
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It's shaping up to be a big year for mobile payments, what with Apple Pay enjoying rapid adoption and Samsung finally getting in the game too. Google also has a presence, but it's only very recently decided to ramp up its efforts in this space. Last week, we saw the company team up with AT&T, ...

4 months ago 0 Comments
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eBay's Venmo mobile payment service can be extra-helpful when you need to repay a debt to a friend, but it's grappling with some significant security problems -- and it's not clear that a proper fix is in sight. Slate notes that Venmo not only lacks a few basic security measures, such as notifying...

4 months ago 0 Comments
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Don't call it a comeback. Okay, maybe you should: Google wants to revive Wallet after seeing how popular Apple Pay has been, according to The Wall Street Journal. To do so, Mountain View is apparently in the early stages of a deal to take ownership of the carrier-owned Softcard as part of this Laz...

4 months ago 0 Comments
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Visa's move to protect your credit card numbers was apparently pretty popular. How do we know that? Well, it's coming to a bunch of places that aren't adorned with the Apple logo -- that's how. The company has announced that "other leading device manufacturers and technology companies" will adopt ...

4 months ago 0 Comments
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There's no denying Apple Pay has grabbed a share of retail payments, and the support of banks, since its arrival. However, it appears both Google and Square are working on new products to keep customers' attention. According to The Information, the folks in Mountain View are testing a service call...

4 months ago 0 Comments