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Apple doubles down on in-app purchasing security in iOS 4.3, password now required
As you might recall, a certain game was racking up credit card bills because of its in-app purchases -- something which probably resulted in some angry parents (or as the folks in Finland say, "birds"). In Apple's latest iOS update, a feature has been implemented that requires the user to input their password whenever an in-app purchase is made. Will this new security measure actually prevent those children from purchasing hundreds worth of virtual fruit? A big boon for grown-ups, a big downer for those who no longer have an excuse to explain their Smurfberry obsession.
Square's Jack Dorsey calls VeriFone's vulnerability claims 'not fair or accurate'
We had a feeling that Square wouldn't let VeriFone call it out without issuing some sort of statement, and CEO Jack Dorsey has responded to the claims of a gaping security hole in the form of an open letter on the company's website. Dorsey calls its competitor's accusations "not fair or accurate" and says that many of the necessary security measures are already built-in to your credit card itself. He also points out that this sort of credit card number thievery is possible every time you hand your plastic over to a waiter or salesperson, and that its partner bank, JPMorgan Chase, stands behinds all aspects of the service. To us, it seems like Verifone is more than a little scared at the prospect of Square undercutting its fees and potentially upending the POS business -- but we're just theorizing. One thing is for sure though, we'll be hearing a lot more about this as the mobile payment war heats up in the future.
VeriFone puts money near mouth, says it'll include NFC in all new POS terminals
Well, here's a bold step forward for NFC -- payment solution provider Verifone says its new batch of point-of-sale terminals will come standard with the touch-to-pay wireless technology. That's the word from Near Field Communications World, who quizzed the company just a few days after CEO Douglas Bergeron called on the payments industry to foot the NFC bill, saying "The retail point of sale represents a point of convergence for smartphone-initiated payments, social networking and electronic couponing, but it won't happen if retailers are expected, on faith, to absorb the costs of making it work." Sounds like a company that's very keen on letting us pay by swiping our phone. Unfortunately, he didn't say when such technology might roll out.
Google adding web-based in-app payments, probably some time in May
It's not enough that you'll soon be able to make in-app purchases on Android, Google wants to give you an outlet for your app spending online as well. The search giant is hard at work turning last year's acquisition of Jambool and its Social Gold software into a web-based in-app payments platform it can call its own. Jambool's proprietors have word that Google's system is now in beta, which has led it to close new signups for the Social Gold offering, ahead of halting payment processing entirely on May 31st. That should serve as a pretty reliable guide for when to expect Google to flip the switch on its in-app purchasing service, which we're hearing will include some level of integration with Google Checkout and Google accounts. As TechCrunch points out, the next Google I/O gathering is scheduled for May 10th -- sounds about the right time for us to be introduced to this new, app-based way for separating us from our hard-earned cash.
Deutsche Telekom claims Apple will support near-field communication e-wallet
Fun things are afoot at the Mobile World Congress this week in Barcelona, Spain. Today's news comes from Deutsche Telekom, the parent company of cell carrier T-Mobile. The corporation announced that it's rolling out the ability to make payments with a near-field communication (NFC) enabled smartphone starting this year. Throughout 2012, the full payment system will be rolled out in the US through a previously announced joint venture with Apple and Verizon. The system, to be known as T-Mobile's Mobile Wallet, will let users make payments simply by waving an NFC-equipped phone near a payment kiosk. The company believes that mobile payments that replace cash, such as buying a 72-ounce Slurpee at the local Kwik-E-Mart, are going to be the most popular form of transaction, followed by the ability to use the Mobile Wallet to pay for ticket transactions on public or private transportation. Some of the other capabilities of Mobile Wallet include the ability to get customized coupons on your phone and support for loyalty programs, such as supermarket discount cards. Since losing an NFC-equipped phone would be akin to losing a wallet, security features are included to protect against phone theft or loss. There's no word on whether the NFC capability will be built into future iPhones or if a special case will be required. [via Engadget]
BMW's NFC Key is your ticket to ride, and you should care (video)
Near Field Communication (NFC) is shaping up to be one of the hottest tech trends for 2011 now that payment systems and new handsets (driven by the Gingerbread build of Android and presumably, a near-term iOS release) are making their way into the US and Europe. Add BMW to the growing list of supporters with its NFC key of the future. Bimmer researchers envision linking the key to the car's navigation and entertainment system allowing you to make hotel reservations or purchase train tickets, for example. You could then download the ticket directly from your car to the key which could then be used to board the train. Later, a key linked to your banking information could even be used to settle the hotel bill. BMW believes its approach is more secure than that of an NFC-enabled cellphone because its system is both closed and encrypted. Possibly. But we're still more likely to have our cellphone in a pocket while traveling than the key to a car parked a few hundred miles away. Of course, there's nothing preventing us from tapping the key to our cellphone and transferring the data -- it is still in the R&D phase for the next generation of ConnectedDrive after all. Click through for the video.
LG working on an NFC payment system for Europe, planning launch in 2012
All these upcoming NFC-equipped smartphones wouldn't be worth much without places to use them, so it's good to hear LG's announcement this week that it's working on providing the infrastructure for contactless payments. The Korean company has set its sights on Europe, where it's conducting beta testing of point-of-sale technology that will facilitate paying for goods and services by swiping your phone near an NFC sensor. We're not told whether that phone would necessarily have to be built by LG, though we imagine the company would be well served by including as many devices as possible and just taking its slice of the profits. Whatever LG does, it's looking increasingly safe to assume that having NFC on your phone will be a legitimate asset in the coming months (and not just if you live in Japan).
Apple job posts point to built-in NFC capabilities for iPad / iPhone
Ladies and gentlemen of the, ahem, jury, we intend to show -- through rumors and circumstantial evidence -- that Apple might very well be building Nexus S-like NFC capabilities into next-generation iPhones and iPads. We present for your consideration exhibits A, B, and C: three Apple job posts, seeking two managers of global payment platforms and one test engineer for iPhone hardware. According to the original post, the right engineer possesses a background in both ICT (information and communication technology) and RFID (radio frequency identification), which forms the basis for NFC. Suspiciously, Apple removed the "ID" in "RFID" sometime in the past 24 hours. Still not convinced of Apple's NFC involvement? Consider this: Apple's manager of global payment platforms is tasked with contributing "to the analysis and development of new payment types and processes." Okay, so there's not a smoking gun in sight, but a little innocent conjecture never hurt anybody.
iPhone 5 and iPad 2 will come with NFC built in, suggests well-connected analyst
You'll no doubt be aware of our (well justified) distrust for anything that passes a tech analyst's lips, but this time's a little different. Richard Doherty of Envisioneering Group cites "engineers who are working on hardware" for Apple's latest project in asserting what that project actually is: NFC capabilities are apparently being built into the next generation of iPhone and iPad devices. Contactless payments via NFC have been steadily building up in hype and adoption recently -- at least in the western hemisphere, the stuff is commonplace in Japan -- and Doherty predicts Apple will make its move into the field with some new hardware and an accompanying "revamp" of iTunes. The idea would be to allow the use of iTunes gift card balances and the credit card info Apple already has from you to make swiping payments at compatible retail outlets. Apple is said to be planning enticements, like loyalty credits and points, to get you using its service in the place of the competition, and there are already a couple of software patent applications from the company detailing other potential uses for the technology. All of which could mean absolutely nothing, of course, but this seems like an awful lot of smoke for there not to be a fire under it.
McDonald's to start accepting contactless Visa payments in all UK restaurants by this summer
The UK already has a big old investment in contactless technology with London's rather successful Oystercard travel scheme, but now the whole Kingdom can get a taste for airborne payments thanks to a new initiative from McDonald's and Visa. The two giants of commerce are uniting to bring NFC tech to all of the former's 1,200 fast food restaurants within the UK, allowing hungry Brits to pay for meals costing up to £15 by simply waving their credit card in front of the till Obi-wan-style. Of course, the real excitement of such large-scale NFC proliferation is in the potential to use those automated tills with your Nexus S (which has an NFC chip built right in) and other devices coming up this year that look set to feature the technology. So yeah, Visa had better be working hard on putting together some mobile apps. [Thanks, Steve]
Starbucks lets you pay for that Trenta with the iPhone in your shaking, overcaffeinated hands
Expanding a trial that had already been underway in a few markets, Starbucks is now rolling out its Starbucks Card mobile app nationally with payment capability built-in, meaning you needn't reach into your wallet, pocketbook, or purse just because you're jonesing for that midday caffeine fix. Instead, you can fire up the app -- which supports the iPhone, iPod touch, and a number of BlackBerry models -- and hold up a barcode on the screen to a scanner in the store, at which point monies will be automagically deducted from your Starbucks Card account and transferred back to the mothership in exchange for high-octane brew. The circle of life, as it were. Follow the break for the full press release.
Angry Birds dev Rovio rolling out in-app payment platform with carrier integration
We're sure Finnish software shop Rovio is looking for every way imaginable to capitalize on the immense success of the Angry Birds franchise, and part of that will apparently involve in-app purchases, presumably to buy and download additional content on the fly -- but it sounds like they won't be using any third-party frameworks to do that. Instead, the company's putting together its own micropayment framework and partnering up with carriers to cut them in on the profit, turning first to Finnish network Elisa with new content for Angry Birds' Android build in early 2011. Rovio's saying that other developers are going to be welcome to use the system, and that they've seen "strong interest" for the product, presumably over the prospect that carriers will have an opportunity to profit off an app ecosystem that they've been largely shut out of thus far. Frankly, we wouldn't mind paying 99 cents just to get past a couple levels in the original Angry Birds at this point.
Visa clears DeviceFidelity's In2Pay mobile payment microSD card for use in smartphones
No iPhone? No problem. If you'll recall, we heard back in May that Visa was in cahoots with DeviceFidelity, with the two trumpeting a not-exactly-svelte In2Pay case that would add contactless payment support to Apple's darling. Today, the rest of the world is finally being taken into consideration. The aforementioned firms have just cleared a new In2Pay microSD solution for use in the real world, with the BlackBerry Bold 9650 and the Samsung Vibrant in particular named as compatible. In theory, it seems that nearly any smartphone with a microSD slot could be ushered into the arena, and Visa itself expects to add additional phone models for use with this technology, "including phones based on the Symbian and Windows operating systems." This unveiling is happening after a solid 18 months of testing around the globe, but there's no definitive word on which banks will be offering this to customers. Between this and the sudden interest in NFC, America seems more poised than ever before to slip ever further into an endless pool of debt, and with way less friction than before! We kid, we kid... kind of.
Apple Stores now selling iPad gift cards
Apple has begun selling their signature silver gift cards inside "iPad Gift Card" packaging just in time for the holiday rush. iLounge says that although the cards themselves aren't anything different than the ones I normally get from family as Christmas gifts, they can now be used to purchase an iPad. When I bought my current iPhone I tried to use gift cards and wasn't allowed to do so -- Apple mandated that customers had to use a debit or a credit card -- but I guess this is a change in company policy. I would much rather unwrap an actual iPad on Christmas morning rather than just a gift card, but beggars can't be choosers, can they? If you are traveling to see me for the holidays, I completely understand it would be a lot easier to pack a gift card than an iPad. So you're more than welcome to bring me one if you absolutely have to. I won't mind! [via MacStories]
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]
Redemption credit card puts points toward purchases, is destined to frustrate
Look up. That credit card right there is a brilliant concept that'll likely cause quite a few headaches in practice. Dynamics, which makes its ends by coming up with new ways to get the general populace into more debt, has just made public its Redemption payment device -- a newfangled card with a few LEDs, selectors and the ability to let users put their earned points toward any given purchase. The idea goes a little something like this: you roll up to the Old Navy checkout counter, remember that you have 4,300 points logged, and decide that you'd like to cash 'em in towards the purchase of your new threads. You tap the "Request Rewards" side of your card, swipe it and watch as your points balance and total monies owed dwindles. Currently, Citi is trialing these with a small group of consumers, with a larger US trial expected to get going next month. There's no mention of how the LEDs stay lit (or how the battery stays charged), nor any indication of how long these selector buttons will hold up over time. We also have no idea how you'll be able to easily check your point balance or split payments between points and dollars, but hey, at least there's a beautiful opportunity here for an accompanying mobile app. %Gallery-104451%
Nokia teases Swipe NFC payment system for digital receipts, warm eco-friendly feeling
Now that Nokia's gone all-in with NFC and announced that it'll be blanketing its entire smartphone line with the technology next year, it's gotta do something cool with it -- after all, simply turning a phone into a digital wallet is so 2009! That seems to be where Swipe comes into play, a new software stack Espoo is teasing this week that integrates NFC payments with instant digital receipt uploads to your phone -- instead of getting a printed copy -- which boosts your treehugger street cred by leaps and bounds. Perhaps even cooler, though, the system reads the receipt once it's back on your phone and makes a note of the product's return period so that it can remind you when time's running out, perfect for getting maximum usage out of that N8 before flipping it back from whence it came. If we had to guess, this might be unveiled in full at Nokia World, which just happens to kick off tomorrow -- and we're on the scene for all the unexpectedly drama-packed action, so stay tuned. Meanwhile, follow the break for the full teaser video.
Steam launches beta for 'Steam Wallet' payment option
Though a "Steam Wallet" sounds like some sort of futuristic contraption which heats and presses your bills to a crisp finish, it's actually a new payment option Valve has sent into beta for its Steam platform. Rather than taking money directly out of your debit or credit card and using that money to buy a game, you can now take money directly out of your debit or credit card, and put it in a Steam Wallet in $5, $10, $25, $50, and $100 increments, and then use that money to buy a game. While this new program might seem like an unnecessary middleman to us grown-ups, we can see the merit for youngsters who don't have access to their own forms of intangible currency. What better way to teach them the value of five fake-bucks than to let them loose in the world's biggest video game store?
Square mobile payment readers now shipping again to tiny transaction tycoons
The Square payment system hasn't exactly had a smooth road to availability, with deliveries put on hold back in June due to an ominous "credit processing and risk issue." If that didn't scare you away from accepting small payments from the company's tiny credit card swipers, rejoice, because they appear to be shipping again -- at least to some. Sally over at the Square support forums posted that she was sent the following message: We started rolling out Square card readers and one is now coming your way from our fulfillment center in Saint Louis. It will arrive on your doorstep in the next few days. A few others it seems have also received the same note. How about you? Is your little, different credit card reader on the way? [Thanks, Sam]
Dell settles with SEC for $100 million, moseys off into sunset
Looks like Dell might finally be at peace with the US Securities and Exchange Commission -- for now at least. The company has announced that it's reached a settlement for "alleged omissions prior to Fiscal 2008" regarding both its relation with Intel and some accounting this-and-that. In a nutshell, Dell was receiving payments from Intel (who had some nasty payouts of its own) to not use AMD chips, which the company didn't disclose to investors, and then failed to explain why profitability dropped once the payments stopped coming in. Remember that $100 million set aside in June for such a civil monetary penalty? Yep, this is exactly what it was for, and it's exactly what Dell is paying out. Additionally, CEO Michael Dell is paying $4 million out of pocket. Lesson learned, right guys?
