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Editorial: Square gets the attention, but credit cards rule
Lower Manhattan, Pearl Street, the Financial District. A Starbucks with broad windows, great for people watching. Sipping my $5 flavored coffee, I watched a homeless man sit on the sidewalk. I liked him immediately: his sharp gaze and thoughtful expression. When I left, I squatted down next to him and put five bucks in his jar, contributing the cost of my first-world coffee to the man's case for survival. We talked. He knew his tech, this man of no possessions, describing his favorite productivity gadgets of the past decade, scorning Apple for form over function. He had been living on the street day and night for two years. My five dollars was "huge," he said. I knew that was true only microcosmically. He liked cigars. That's where the cash would go. Meanwhile, Starbucks had recently cut a deal with Square, one of the hottest startup stories of the season, so that people with five dollars to spend on coffee needn't pull out a wallet and ponder their privilege.
Motorola aiming to upgrade all possible devices to Jelly Bean, promises to give you $100 credit if it can't
At today's keynote, Motorola head Dennis Woodside has pledged that the company will attempt to upgrade all of its new and existing Android handsets to Jelly Bean "very soon." However, for some units, the latest version of Google's mobile OS is going to be too "compromised" to use properly. In that event, it's pledging to give you $100 credit off one of its brand new handsets, which are being unveiled today. It's not given details about how you go about claiming that credit, or when the program begins, but as soon as we're told, we'll let you know.
Google Play gift cards show up for real, come in $10 and $25 flavors
Remember that Google Play gift card support we told you about just this morning? Well now things got real. Literally. The pic above shows one of the shrink-wrapped critters in a $25 denomination. Android Central claims they were sent a few different pictures, showing $10 varieties also -- and as we can see from the box -- they're good for music, movies, books, apps and (mysteriously) "more." So if you're after that hot new game, now's about the time to start dropping hints to your nearest and dearest.
Amazon offers Guild Wars 2 with $5 Amazon games credit
Amazon has been reaching its fingers into a bunch of MMO pots lately. First there was that one time when a bunch of games including RIFT and TERA were put on mad sale, then there were the chronoscrolls and olive masks for TERA, and now it's Guild Wars 2's turn. According to an Amazon press release today, the company has launched Guild Wars 2 pre-purchases. Users who buy the Standard or Digital Deluxe editions via Amazon will receive a digital download and pre-order key, beta access, pre-purchase perks, and $5 credit for Amazon video games. Some of the details are a little hazy, as ArenaNet has made a distinction between pre-ordering (which is exactly what you're used to it being) and pre-purchasing (which is when you pay the full cost up-front) but Amazon appears to be using the terms interchangeably on the product page. Additionally, Amazon has not been added to the official list of pre-purchase retailers for North America (for that matter, Amazon has also not been listed on the official page as being able to distribute the Collector's Edition, but apparently it has physical boxes for sale as well). Anyway, if you haven't bought Guild Wars 2 but would like to, and if the thought of $5 Amazon credit and some in-game perks is appealing, this may be A Thing for you. [Source: Amazon press release]
Google to hand over $25 Play credit with each Nexus 7 tablet purchase
Among the premature Google Play leaks this morning is a line about a purchase bonus, to ship alongside each Nexus 7 tablet. As a temporary incentive, Mountain View is offering customers a $25 credit to spend on Play store content, along with additional content, including a copy of Transformers: Dark of the Moon. We're just minutes away from the start of Google's I/O conference keynote, where we expect to hear full details about the tablet and bonus cash, along with a handful of other devices, such as the Nexus Q.
AMEX and Zynga team up for themed card, replace cash back with FarmVille rewards
Have you ever judged a friend's financial savvy based on the rewards yield of the cards in their wallet? Now you won't have a choice. For those of you that abhor free flights, detest comped hotel rooms and net severe displeasure from earning cash back, AMEX may finally have your plastic match. It's called the Zynga Serve Rewards card -- yes, the same Zynga that's behind time-sink cash cows like FarmVille, CityVille and CastleVille (?!) -- and it enables you to accrue "Zynga Farm Cash," which as you might imagine provides no financial gratification in the physical world. "FarmVille players now have the ability to plant an interactive Serve Money Tree in their Farms which will give them the ability to level up in game and earn Zynga Farm Cash for virtual awards redemption." We can't make this stuff up. The co-branded prepaid card is tied to a US currency-filled bank account, debit or credit card, and rewards will be assigned for your first five purchases of $25 -- at launch, with further incentives to come later this year. On top of that limitation, there's also a fairly outrageous fee structure (which effectively translates to 2.9 percent of each transaction when the account is funded with another credit card), detailed in full at the source link. Well, at least the card is colorful. Go tell that "Serve Money Tree" that water's on the way!
GameStop iOS trade-ins a big success
GameStop recently started taking trade-ins on iOS hardware, and it turns out the decision was a great one for the company: President Tony Bartel said in a statement that the program "has exceeded our expectations," especially citing lots of post-holiday traffic, as people bring in their old iPhones and iPads to clear them out of the way for newer models received as presents. GameStop will reportedly pay out up to $300 for iPhones and $400 for iPads, but of course those prices are for the highest-end and latest models. Odds are that you'll get significantly less for an older model or one with no 3G or less RAM flash storage. But it is interesting to hear that GameStop is seeing lots and lots of devices come in. Unfortunately, they didn't share actual numbers, but I'd argue that there are plenty of other places to get rid of iPhones and iPads -- I've sold my old devices on Craigslist, and just over the Internet to friends and even family. Then again, maybe some people prefer just walking into a GameStop and walking out with store credit or cash. This may be a trend to watch in the new year -- as Apple releases more iterations of their various mobile devices, we'll undoubtedly see more markets like this pop up for older versions and used items.
Ford begins taking reservations for the Focus Electric, pricing starts at $39,200
We caught our first glimpse of the Ford Focus Electric way back at CES and now, about 11 months later, it's finally hit the market. The manufacturer's long-awaited EV popped up for pre-order on its website yesterday, bearing a base price tag of $39,200. Add in an extra $795 in destination charges and subtract a hefty federal tax credit, and you're looking at a final sticker of about $32,495. As our friends over at Autoblog Green point out, that's about $3,945 higher than what the Nissan Leaf will cost you (pre-incentives), though your final bill could also hinge upon whether you opt for the Blue Candy or White Platinum paint jobs ($395 and $495, respectively), or those leather-trimmed seats, which would set you back an extra $995. According to Ford, a "limited number" of Focus Electrics will be made available in select California and New York markets, though the car should make its way to an extra 15 markets by next year, once production gets ramped up. You can reserve one for yourself at the source link below, or just purr past the break for the full PR treatment.
Netswipe turns your webcam into a credit card reader, brings POS payments to the desktop
Credit card fraud costs the banking industry billions of dollars every year, and with companies yet to find an entirely secure system for processing payments online, there's no end in sight for unauthorized transactions. Jumio hopes to bring both security and convenience to the world of online payments, however, with its webcam-based Netswipe secure card reader solution. The system replicates the point of sale (POS) transactions you experience when making in-store purchases, prompting cardholders to scan the front on their credit card, then enter their CVV code using a tamperproof mouse-controlled interface. We're not sure how the software is able to distinguish a physical credit card from, say, a photocopy of a card, but it certainly sounds more secure than the standard input form we use today. It also reduces card number theft from insecure forms and website spoofing, by verifying details through a live video stream. Jump past the break for the full press release, along with video overviews of Netswipe and Jumio, which recently secured $6.5 million in initial funding and is backed by Facebook co-founder Eduardo Saverin.
Card.io SDK takes swipe at competition with camera-enabled mobile payments (video)
In an attempt to edge its way into the crowded mobile payments market, a new credit card scanning system is saying "ah, hell no!" to typing and swiping. Card.io is billed as an SDK that takes advantage of smartphone cameras to let devs accept credit, because, as its creators point out, "typing on mobile phones is slow, and most consumers don't have a separate hardware attachment." When it's time to pull out the plastic, Card.io gets your phone's camera going, and up pops a little green rectangle, in which you frame your card and snap a pic. Your credit card info is then processed by a third-party merchant, and the details are subsequently deleted from your phone. Can you hear that? That's the sound of our chubby thumbs breathing a sigh of relief. The Card.io SDK for iOS is now available at the source link below, and an Android version should be close behind. For now, hop on past the break for a video demo.
NetSecure Kudos Payments announced for Canada, is the half-circle to Square
Canada may be moving to polymer-based currency, but mobile payment services like Square -- which cater to classic plastic -- haven't yet taken time to trek to the Great White North. NetSecure is looking to offer similar convenience to the region with its new Kudos Payments service, which just so happens to ship with a shockingly curvy swiping dongle. Similar to Square, it creates a secure 'point of sale' without a hard-wired transaction terminal, and charges a slightly higher 2.9-percent fee to users' accounts for each exchange. Kudos has iOS, Android, and Blackberry apps to tap into the functionality and, even a version for Mac and PC -- in other words, you and yours should be suitably covered. Any roving entrepreneurs who are interested in the service will be able to snag the $49.99 kit free of charge from the company's website for a "limited time," which may or may not expire before Google decides to open its own Wallet a few miles kilometers north.
Square to add encryption to mobile card reader, skimmers put on notice
It's only been a couple days since we first heard about Visa's involvement with Square, but the credit card giant is already making its mark on the mobile payment startup. At the Visa Global Security Summit on Wednesday, Square Security Lead Sam Quigley revealed that the company will distribute an encrypted card reader this summer, which will work exclusively with its mobile payment app. The current reader theoretically scans credit card data to any app, but the encrypted version will only work with Square, which should alleviate VeriFone's concern that the company was essentially distributing "card skimmers" to anyone with a social security number. Luckily, the new encrypted reader will remain free, giving Square a colossal advantage over VeriFone's Payware Mobile product, which carries a $49 activation fee, in addition to standard merchant fees. Not to mention, it isn't available in white.
Square gets financial backing from Visa, asks to see some ID
Everything's coming up Jack Dorsey these days. Last week Apple started stocking Square's iPhone credit card readers in its 235 US retail locations, and now, according to Reuters, Visa has put its plastic where its mouth is. The credit card giant has invested in the personal payments startup, scoring itself a spot on Square's advisory board in the process. No word on how much Visa is actually dropping on the company, but one thing stands to reason: it probably didn't make the deposit via Verifone. If you would like to invest in a Square reader, it'll cost you a lot less -- the company is still offering smartphone plug-ins for free on its site.
Hulu Plus credits users for PlayStation Network-related downtime
In reaction to the week-long (and still going) outage of the PlayStation Network, Hulu has decided to issue users a credit for the downtime. That should net Hulu Plus subscribers $2 off of this months bill, which is pretty good considering that - a. it's not Hulu's fault and b. you can still use the service on a handful of other devices. Kudos to Hulu for the thoughtful customer service, though it still stands in stark contrast to the fiasco that made the credit necessary. If you use the service simply check your email for the letter shown above and click the link to receive your credit. [Thanks, Darren, Alex, Shahraiz]
Amazon handing out $25 game credit with 3DS pre-order
Have you already pre-ordered a 3DS from Amazon? You just made $25. Well, you've still spent $250, of course, but you'll get $25 back in the form of credit. Likely in response to Kmart's $25 credit offer, Amazon is including a $25 credit with 3DS pre-orders, which can be redeemed toward a selection of 3DS games. In addition, that same selection of 3DS software comes with a $10 credit toward a second 3DS game. We would be very surprised if the credits stacked, so don't expect an aggregate $35 bonus on your 3DS and game order. But in any case, money is saved! [Thanks, Matt]
Netflix applies credits for those impacted by outage, 3 percent
If you're like us and would rather throw change into the jar at the store than to carry it around in your pocket all day, you'll probably be just as excited as we are to hear Netflix is offering credits to some of those impacted by yesterday's outage. We have never been good at calculating percentages, but it doesn't take a math major to figure out that three percent of a $9 bill isn't anything to get excited about. It isn't completely unprecedented though. While most subscription services we pay for wouldn't think to issue even a penny when there's an outage, even though who are obligated via some sort of service level agreement, typically issue miniscule amounts like this using the logic that they were still up 97 percent of the pay period. If you're wondering how to get your 25 cents, keep an eye on your email and hope you are lucky enough to get the customized link that leads to your fortunes.
Sprint handing out $50 and $125 service credits for number ports
If you've been looking for the right opportunity to bring your number into Sprint, we suppose you could consider this a sign from the heavens. Through April 16th, the carrier's offering incoming subscribers a $125 service credit applicable toward your bill after 60 days as long as you buy a smartphone, but dumbphone buyers aren't being left out in the cold: they'll still be able to pick up a $50 credit. There's a registration process involved -- the free money doesn't just happen automatically -- so if you're going to take advantage, be sure to read the rules and regs. [Thanks, Seth]
US Cellular makes all phones free on contract from the 17th through next week
Well, this should make the choice between a Messager Touch and a Mesmerize an easy one, right? From December 17th through the 24th, you'll be able to pick up any phone in US Cellular's inventory for free on a new contract -- and what's more, they'll flip you a $100 bill credit if you're buying a smartphone, regardless of whether you're a new customer or an existing one adding a line. Almost makes you want to sign up for, like, 20 lines of service, doesn't it? No? Follow the break for the press release. Update: US Cellular reached out to us to point out that if you're on a Belief Plan and you're already eligible for a phone upgrade, this means you can walk into a store and take any phone you want for free without signing a new contract. How crazy is that?
US Cellular: buy a smartphone this week, get $150 toward your future bills
Seems like Black Friday is nearly obsolete, doesn't it? You know how it goes on Thanksgiving week these days: there's no shortage of deals to be had from most of the wireless carriers in the country, but US Cellular's angle here is a little different. Rather than doing limited-time discounts or buy-one, get-one-free offers on particular models, they're going to flip you a $150 credit good toward your future bills when you add a line (or start a new individual plan) with a smartphone like the LG Apex, pictured, that just rolled out last week. After taxes and fees, that should give you roughly two months of free service if you pick the phone up alongside US Cellular's newish Primary Plus plan that includes 450 minutes, unlimited messaging, and 5GB of data -- enough to get you into 2011 without a bill. Should make enjoying your turkey just a little easier, we figure. The promo runs through next Monday, November 29; follow the break for the full press release.
Dynamics' credit card-based computing platform makes what little money you have more secure (video)
Some folks are trying to replace your credit card with your cellphone, while Dynamics, Inc. is among those trying to make credit cards better. And you know what? We seldom get excited by such things, but this video from the CES New York press preview has us seriously itching to upgrade our plastic. Card 2.0 is the computing platform powering the new Citi cards that re-write the magnetic strip depending on whether you want to spend you cash or your rewards points. The technology fits snugly in your credit card, is waterproof, has a battery life upwards of four years, allows multiple accounts on a single card, and even can be used to require a PIN before displaying the card number. This is some pretty awesome stuff indeed -- but don't take our word for it! Get a peep yourself in the video after the break. [Thanks, Dave]
