mobile payments
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V.me by Visa coming to the Europe this autumn, cash starts begging for another chance
Visa Europe is muscling in on the European mobile payments game with V.me. The online service will allow you to store cards from different agencies (including American Express) for payments online and at NFC-enabled cash registers. It is expected to arrive in the UK, Spain and France in the Autumn, but it'll sadly be too late for it to gain any traction, since we'll have worked out how to glue PayTag stickers to our forehead by then.
T.G.I. Friday's to let diners pay with their iPhones
In here, it's always Friday®, and you can always pay for your food and booze with your iPhone. Casual dining chain T.G.I. Friday's has announced that iPhone owners can now use a mobile payment option called Tabbedout to pay their bills. The option is part of a free mobile app called Friday's that came out a few days ago. You'll be able to launch the app and enter your credit card info as a payment option. Once you're ready to pay up, the app will use the credit card on file to settle your bill. At this point, the Friday's app can be used in 350 of the 600 T.G.I Friday's restaurants. It's expected that many franchisee-owned restaurants will sign on. Tabbedout has integrated their service with seven of the biggest restaurant point of sale providers. In the case of T.G.I. Friday's, that provider is Micros, and the integration allows a customer to pay their bill without waiting for a server to bring it to the table. Tabbedout recently partnered with PayPal to provide another payment option for users, and has a free app available that allows iPhone owners to pay up at a small, but growing number of other restaurants and bars.
In Ticketing increases options for venues and promoters, as long as they're using iOS
Converting a cellphone into a credit card reader is nothing new, but transforming one into a box office for live events could shake things up a bit -- or, at least provide a bit of friendly competition for NFC-based alternatives. In Ticketing has just launched InHand Box Office software for use at live events. The company claims to be one of the greener ticketing outfits out there, and plans to turn your iPhone or iPod touch into a device capable of wirelessly processing payments (and printing out paper receipts, unlike Square or PayPal Here) at independently run concerts or festivals. Potentially reducing time spent in line and preventing congestion at the entrance translates into more people inside the venue, and using your phone instead of a difficult-to-establish credit card merchant account should reduce the friction in throwing such an event. As long as you tend to carry the appropriate iDevice with In Ticketing's new app installed, you can marry it to that iAPS Sled you see above to create your own personal CC processing machine. The only issues? Convincing Gotye to play your house party instead of Coachella next year, and that awkward lack of support for Android, BlackBerry and Windows Phone.
EnStream to bring mobile wallet to Canadians, make loonies obsolete (video)
A joint venture of Canadian carriers Rogers, Bell and Telus called EnStream is in final talks with the country's leading banks (likely CIBC, TD, RBC, Scotiabank and BMO) to bring a mobile wallet solution to the Great White North within six months. The system, which was demoed at the CWTA Wireless Showcase last September, enables mobile payments by storing a user's financial credentials on the SIM located inside their NFC-capable phone. It aims to replace credit and debit cards at first -- perhaps even driver's licenses and loyalty programs down the road. Carriers plan to charge banks a flat rate instead of a per-transaction fee. According to Almis Ledas, EnStream's COO, "banking machines will become the payphones of the future". While we command this attempt to standardize mobile payments in Canada, the time frame seems rather optimistic in light of the slow progress AT&T, T-Mobile and Verizon have made with Isis in the US so far. Different countries, different rules of course -- still, we think it's going to take quite a while to make loonies obsolete. Maybe this is the perfect window of opportunity for Google Wallet and Square to jump across the border, eh? Time will tell. Check out EnStream's mobile wallet in action on video after the break.
Square's feeling good, on pace to take $5 billion in payments per year
Despite growing competition from PayPal, Intuit and Verifone, it appears that Square's business is still going gangbusters. The grandaddy of all smartphone payment systems is set to take $5 billion in payments this year, up from $2 billion a scant six months ago. According to company COO Keith Rabois, such expansive growth has been fostered by the fact that Square makes the cash from transactions available to merchants the next business day -- a feature greatly appreciated by small businesses. Clearly, Huey Lewis was right, and you can see what we mean after the break.
MBTA and Masabi team up for first smartphone rail ticketing system in the US, launching in Boston this fall
In Boston this fall, you won't need to keep up with your train ticket anymore -- as long as you don't leave your smartphone at home. The Massachusetts Bay Transportation Authority (MBTA) and Masabi have joined forces to bring a rail ticketing to handheld devices via iPhone, Android and BlackBerry apps. Headquartered in London, Masabi has launched similar tech for transit companies in the UK, eliminating ticket lines for many smartphone-wielding passengers. Software will allow riders to purchase tickets and passes that are validated with a barcode scan by conductors equipped with mobile devices of their own. MBTA is looking to cut costs and provide added convenience with the new system instead of adding more ticketing kiosks to its stations. The aforementioned apps will be developed alongside focus groups and a small pilot group this summer with a full rollout to all MBTA customers expected to happen this fall. Looking for a bit more info? Hit the coverage and source links below to read on. [Image credit: Masabi on Flickr]
Barclays releases PayTag: the NFC card you glue to your phone (video)
If you don't have a fancy NFC-enabled phone then it's hard to join the mobile wallet club. Fortunately, Barclays has introduced the PayTag that turns any phone into a contactless card. It's a square of plastic a quarter the size of a credit card that's sticky on one side -- yup, you just jam it on the back of your phone and hey presto, you can buy sandwiches, or any purchase up to £15 (£20 from June), without opening your wallet. The sticky squares will be rolling out exclusively to British Barclaycard customers over the next few months, although we're not sure what it'll do to the trade-in value of your handset.
Mobile Miscellany: week of April 2nd, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, CyanogenMod gained a new logo, Google acquired a mobile payments company and we learned that the HTC EVO 4G LTE for Sprint will include an embedded SIM card. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of April 2nd, 2012.
Sprint LG Viper 4G goes on pre-order April 12 for $100, release date still TBA
Sprint's finally starting to get the ball rolling with its first LTE devices, announcing this morning that it's ready to begin pre-orders of the LG Viper 4G on April 12, and the next-gen goodness can be yours for $100 (after $50 mail-in rebate). The actual release date wasn't specified, but at least we know this means it's coming up much sooner rather than later. As a refresher, the Viper comes with Gingerbread, a 4-inch WVGA NOVA display, a 1.2GHz dual-core Qualcomm MSM8660 Snapdragon S3, 1GB of RAM, NFC and Google Wallet functionality, a microSD slot, 50GB cloud storage from Box and a smattering of eco-friendly features. For the full rundown, gaze upon the press release below.
Square's Card Case rechristened 'Pay with Square,' is first to bring geo-fenced hands-free payments to Android
You might know Square for accepting payments on your smartphone via a cute dongle, but you're probably less familiar with its second offshoot, Card Case -- a separate app that has enabled hands-free and NFC-free payments at over 70,000+ merchants for more than a year now. That effort is getting a complete overhaul today, cumulating in an entire rethink of the app and experience, in addition to its more-apt new title: Pay with Square. The redesigned UI loses its former card and leather-based garnish, opting instead for a simplified list of merchants sorted by distance and relevancy. Also making its debut is a search box, a spiffy map view and the ability to share merchants to friends through text, email or Twitter. We're most excited, though, for feature parity across iPhone and Android, which means formerly iOS-exclusive features like the auto-creation of tabs at pre-approved venues (thanks to iOS 5's geo-fencing APIs) are now present to green little robots everywhere. That's no small feat, as the company's had to roll their own geo-location API to pick up where Google's left off. Excited? Get your download on in the source links below.
Google reportedly rethinking Google Wallet strategy, may share revenue with carriers
It's not a done deal just yet, but Bloomberg is reporting that Google could be about to make some big changes to the way it does business with Google Wallet. Citing people with knowledge of the project, Bloomberg says that Google is considering sharing revenue from Google Wallet (specifically that from coupons and special offers) with carriers in an effort to boost adoption of the service, which hasn't exactly taken off as quickly as Google may have hoped (and is also seeing some increased competition). In addition to that, Google is also said to be considering a move that would side-step the carriers and focus more heavily on in-store terminals -- something Bloomberg says could involve additional hardware and software in stores that would work in conjunction with software on Google's own servers. For its part, Google didn't have much to say on the matter, simply noting in a statement that it continues to "work hard to develop Google Wallet and build the partner ecosystem to make it possible for everyone to pay with their phones and get great deals while shopping."
PayPal Here mobile card reader: it's like Square, but with way more frozen accounts
Hear that? That's the sound of coins hitting the mental floor at a breakneck pace, and if PayPal's meteoric success is any indication of how it'll do in mobile... well, stockholders should be pleased. Nearly three years after first hearing of Jack Dorsey's Square (formerly 'Squirrel') project, the most hated division of eBay is coming out with a rival. President and CEO of eBay John Donahoe took the wraps off of the device at Ghirardelli Square in San Francisco today, with an aim to bring PayPal to "merchants in the offline world." The plastic triangle module plays a familiar role: pop it into an iPhone, load up an app and swipe until you just can't sell anything else. We're hearing that PayPal will charge merchants 2.7 percent (just 0.05 percent less than Square), but further details -- and even the thing's name -- are still developing.As much as we jest about PayPal's polarizing nature, we've been victim to one too many unjustified account freezes to become overly joyous here, but we won't kvetch about a little competition. Here's hoping we see rates and fees on the decline thanks to another major player stepping up to bat, but something tells us those kinds of dreams are dreamt only by fools. That aside, the fact that famed designer Yves Behar (profiled here on The Engadget Show) and Fuseproject were tapped to engineer it gets a major thumbs-up from us.Update: Looks like it'll go by the name Here. PayPal Here. Moreover, the hardware and app will be gratis, and shipments will begin to go out in the US, Canada, Hong Kong, and Australia today. Everyone else will need to sit tight for a few weeks, and we're still digging for information on compatibility beyond the iPhone.Update 2: Look like Android support will be here at launch, but iOS devices will need to run iOS 4.0 or higher.
PayPal may go after Square's mobile payments
PayPal is planning to take on Square with a new payment processing dongle, says a report from GigaOM. The dongle will supposedly tie into PayPal's already robust payment processing system and will be targeted towards small businesses. Smaller companies would be able to use this system to process credit card transaction at the office or in the field. PayPal says its technology will become "the future of commerce for small businesses." The eBay subsidiary is expected to unveil its new mobile payment system on Thursday.
Nokia's extreme dieting continues as it kills off Nokia Money
If you thought Nokia had finished its program of slimming down, think again. The axe is being wielded on Nokia Money as the company seeks to reinvent itself as a lean'n'mean mobile player. The mobile payments and cash management service was launched in India late last year, but both complex financial regulations and the fact it's outside of Nokia's core business prompted its early closure. Instead, it'll concentrate its efforts on its smartphones designed for emerging markets like the Asha: with the aim of connecting the "next billion" people to the internet.
Square takes on New York taxis with new iPad-based payment system
Anyone who finds themselves in a New York taxi over the next few weeks stands a slim chance of getting their hands on Square's latest experiment. As The New York Times reports, the company will soon begin rolling out the first phase of its new mobile payment system for taxis, which will see 30 cabs equipped with an iPad encased in a metal housing that also includes a credit card reader. That will let folks swipe their card, sign their name on the screen with their finger, and then receive a receipt on their phone either by text or email; taxi drivers are also able to interact with the system, dubbed "Checker," using their own iPhone app. Unfortunately, details beyond that initial roll out remain a bit light, although Square is happy to point out that the system is completely silent and offers no other distractions.
Square's new Register app turns the iPad into a full-on point of sale terminal
Square continues to add functionality to its mobile payment platform, and the latest addition is its new Register app for iPad. The refresh brings a sleeker interface and greater Card Case integration along with analytics to break down sales by transaction type and chronology to track your business' performance. Additionally, you can set up custom permissions to limit employee access, create customer loyalty programs and there's an improved inventory system feature as well. Naturally, it still relies on Square's trusty card reader for swiping cards and charges 2.75 percent per transaction using Visa, MasterCard, Discover or American Express. Small businessmen, your payment chariot awaits, so check out a video of the new Square Register in action after the break.
Isis partners with VeriFone, Ingenico, ViVOtech and Equinox, prepares to take over the world
So, you've got the carriers on board, and the banks and even the handset makers. Problem is, without compatible registers and point of sale terminals, your mobile payment tech is worthless. Thankfully Isis, the NFC wallet system that aims to crush Google's buzzed-about platform, just scored a host of partners including VeriFone and Equinox that make a pretty large chunk of world's payment terminals. Those companies, along with Ingenico and ViVOtech have agreed to support Isis on future hardware and, in some cases, update the software on machines in the field to communicate with the app. For a few more details hit up the PR after the break and prepare for the Isis invasion to kick off sometime towards the middle of the year.
Mobile Miscellany: week of February 27th, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, we've seen a major shakeup in the world of mobile payments and we were thoroughly teased by Rogers, which launched a curious pre-order promotion for the Lumia 900. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of February 27th, 2012.
Google Wallet Android app updated, headed to 'at least' ten more Sprint phones this year
Google may have had to deal with some less-than-positive Google Wallet news last month, but it was able to announce some progress of a different sort in the past couple of days. The first is an update to the Android app, which adds the ability to handle PO Boxes for prepaid card top-ups, along with a number of other fixes and improvements. The second, more significant news comes out of Mobile World Congress, where Google Wallet and Payments VP Osama Bedier revealed that the mobile payment service would be heading to "at least 10 additional phones" on Sprint this year -- no word on those specific phones, though. Details on any expansion plans beyond that also remain a bit light, with Bedier only saying that Google remains in talks with other carriers and device manufactures.
eBay, PayPal, Opera announce mobile payment innovations at MWC
Nope, "Grease" isn't the word, it's "Mobile Payments," or at least it would be if it wasn't technically two words. Still, eBay, PayPal and Opera have used the fiesta atmosphere at MWC to promote their services, as you do. eBay's partnered with UK carrier Three, which will now pre-install the auction site's apps on all the Android phones it sells. It's also teamed up with hotelier Yotel and Iberian ticketing service Entradas to offer quick-and-easy payments for the same. Meanwhile, Opera has launched the Opera Payment Exchange (OPX), aiming to democratize the space by making secure commerce available on any form of feature phone, rather than just top-level smartphones. Finally, PayPal has rolled out a new payments system to Home Depot nationwide. Every branch will be equipped to handle payments from the online agency using a card or cellphone and PIN combination. After the break we've got the details for all three, suffice to say it won't be long before you can spend every penny you've earned without having to get out of bed.
