payments
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Verizon teams with Payfone for one-click mobile web purchases (Update: Official)
Verizon's already partnered with AT&T and T-Mobile on the Isis network, but it has fingers in another mobile payment pie -- the Wall Street Journal reports that the carrier's working with Payfone to let you put internet purchases right on your cell phone bill. Mind you, a previous partnership with BilltoMobile already did much the same thing, but Payfone should add more purchase possibilities and generally expand the potential offerings. Yes, perhaps direct carrier billing isn't quite as exciting as Google Wallet's brand of full-on NFC, but while you're waiting for the world to catch up with the latest in payment technology, it's something. Update: We just received a press release from Verizon detailing its partnership with Payfone. Look past the break to read it in full.
Google Wallet vending on Nexus S hands-on
We just got done watching the unveil of how Google is going to revolutionize the way you pay for denim shorts at the mall, and we just got to try it in a slightly different way -- buying a Coke out of a vending machine. The process is as easy as can be: just select your beverage and, when you're ready to pay, swipe your phone. In a few seconds out pops your frosty beverage and somewhere Santa Claus laughs merrily. It's retail bliss and a lot easier than fishing filthy coins out of your skinny jeans. Check out the short video after the break -- the break that refreshes. %Gallery-124558%
Google Wallet mobile payment service, Google Offers announced
It may not be as big a surprise as Google hoped it would be at this point, but the company has now officially announced its NFC-based Google Wallet mobile payment service, complete with backing from a number of retail and financial partners including Subway, Macy's, Walgreens, Toys 'R Us, First Data, Citibank and MasterCard -- plus Sprint on the carrier side. In the case of MasterCard, that partnership means Google Wallet will be fully compatible with the PayPass contactless payment system that's already widely in place today. Trials are beginning immediately in New York and San Francisco, with a full release planned for this summer. Initially, the Sprint Nexus S 4G will be the only compatible phone, but support for more phones is promised "over time," and Google even suggested that phones without built-in NFC could simply use an NFC sticker (the Google Wallet app itself will work on non-NFC phones as well). You'll also have to use either a Citi MasterCard or Google Prepaid Card with the service, although the latter can obviously be funded from any other card. Also announced today is Google Offers, which will deliver an "offer of the day" to your inbox, and let you seek out other offers from retailers. Of course, it also ties into Google Wallet, and you'll be able to both redeem offers and receive loyalty rewards from retailers with just a tap of your NFC-enabled phone. As far as Google is concerned, however, mobile payments and special offers are just the beginning for Google Wallet. It eventually sees everything from boarding passes to tickets to IDs (and even keys) being stored on your phone. Not surprisingly, all of this is US-only for the time being, but Google is apparently working on international expansion. Head on past the break for a video and the complete press release. %Gallery-124537%%Gallery-124538%
Rumor: NFC payments coming to Apple Stores soon?
It may be a case of putting the cart before the horse, but Boy Genius Report suggests that some of the retail rumblings coincident with the Apple Stores' 10th anniversary (coming this week) may have to do with the stores being equipped to take payments via Near Field Communications (NFC) setups. Presumably the existing EasyPay system could be swapped out for NFC-enabled iPod touch handhelds with a handy-dandy sled, giving Apple a solid test platform for future NFC hardware in other devices. The rumor mill has been grinding at both ends on the likelihood of NFC in future iPhones, with arguments pro and con registering points. While major players like Visa have already committed to testing NFC hardware in specialized cases for the iPhone and other devices, it's not clear that Apple is ready to put its payment eggs in the iOS device basket. If, however, BGR is right and the stores are getting an NFC facelift to support payments, that would be a major tell about the future of the technology in Apple's product line. Update: Jim Dalrymple throws cold water on the notion of any product launch aligned with the retail anniversary: too close to WWDC, for one thing, and not in Apple's style to commemorate the past.
Next-generation iPhone reportedly will not feature NFC payments
The past year has seen a flood of speculation about whether or not future iPhones would feature Near Field Communication (NFC) capabilities. NFC technology would embed a special chip into your phone; waving the phone at a reader near a cash register would automatically pay for those items from one of your accounts. According to a Bernstein analysis that was quoted on Business Insider this morning, the next-generation iPhone (allegedly to be called the iPhone 4S) will not feature NFC. As the BI post points out, the lack of NFC won't be that much of a problem for Apple in the short run, as the technology isn't widely used in the US. However, the Bernstein report also notes that NFC could provide Apple with another US$4 - $9 billion in extra revenue based on the company's current share of the high-end smartphone market once (if) enabled. The Bernstein report echoes statements from UK mobile carriers in March of this year that NFC would not be an option on the next-generation iPhone. There have also been rumblings that Apple might be developing its own technology to enable payments. Whatever the Cupertino crew decides to do, it's obvious that we'll have to wait until at least 2012 to see it.
Isis mobile payment system to work with Visa and MasterCard, shelving plans for its own network
When AT&T, T-Mobile and Verizon came together to create the Isis mobile payment system, they touted a standalone service, powered by Discover's payment network, that would revolutionize the way we make small purchases on the move. Well, the revolution is still on schedule, apparently, but the big trio is now being said to have made a concession in reaching out to the incumbent leaders in this field, Visa and MasterCard. The Wall Street Journal cites multiple sources in reporting that Isis has turned into a less ambitious "mobile wallet" project that would seek to let you use your Visa or MasterCard account via your NFC-capable smartphone. As far as the consumer is concerned, it's still the same swipe-to-buy proposition, but the move was apparently necessary for Isis "to avoid falling further behind" in the race to corner this developing market. We'd say it's encouraging to see these guys showing a bit of swiftness -- it's about time the rest of the world caught up to Japan.
Discover cardholders can send money to anyone with a cell phone, email address
With NFC payment systems just starting to roll out in the US, it'll be awhile yet before you can cut up those credit cards for good. But in the present, at least, you can use your handset to make sure you don't get stuck with a $100 bar tab... again. Discover just announced that it will let its cardholders send money to people in 60 countries -- so long as they have either a cell phone number or email address. As AllThingsD notes, Visa and American Express have hatched similar plans, though Discover is the first of the bunch to partner with PayPal. While people sending money don't need PayPal accounts, people receiving moola do -- or, at least, they must be willing to create one. For senders the service is free and, in fact, they get 0.25 percent cash back for the first $3,000 exchanged. As for Discover, a smaller player than Visa and MasterCard, it hopes some of PayPal's 230 million customers will sign up for a shiny new credit card while they're at it.
Android adds carrier billing option for Sprint users, just in time for them to load up the EVO 3D with apps
Keeping up with the AT&T&T-Mobile (future) juggernaut, Sprint has just added a direct carrier billing option for its Android customers. The same courtesy has already been extended to T-Mobile users of Google's OS back in 2009 and then to AT&T in 2010, and now Dan Hesse's crew is joining in on the credit card-hating action. Right now, this new payment option is only for splashing cash in the Android Market, however its availability ties in neatly with Google's recent acquisition of PushLife, a music store service that has carrier billing for track purchases as one of its core features. Another brick laid in the foundations of a Google Music service? Let's hope so.
Isis NFC payment system gets its first market in Salt Lake City, Utah, launches in 2012
Like 3D on high-end HDTVs, NFC-based payment systems seem set to invade our mobile lives whether we like them or not. Isis, a collaborative venture between AT&T, T-Mobile, Verizon and a bunch of banking big timers, has today announced the first market for its rollout of a contactless payment scheme, and it's none other than Salt Lake City, Utah. That'll surely raise eyebrows in locales that may consider themselves more tech-savvy, but we reckon starting off with a city of a smaller scale might be good for getting this "mobile wallet" system off the ground. And then there's the added benefit of Isis snagging a deal to enable compatibility with the entire Utah Transit Authority footprint. If all plans are executed properly, that should mean that by summer 2012 the good people of SLC will be able to NFC their way around town with just their smartphone in hand, while also swiping it through checkouts like some form of highly advanced techno-humans.
RFID-enabled vending machine ditches coinage, gets Mario Bros. tone (video)
A Twitter-enabled kitty door it is not, but this RFID-equipped soda machine is by far one of the most practical DIY projects we've seen in sometime. A Canadian tinkerer picked up this pop pusher a few years back, and has been using it to sling drinks in his building ever since. Unfortunately, finding the right change to feed the machine proved an issue for his neighbors, so he did what any logical hacker would do, and built in a contactless payment system. Using an Arduino, an Ethernet shield, an LCD screen, and an RFID reader, he created a system that allows customers to swipe a card and easily add funds from an online account. Best of all, every time you press that little blue button you get a Mario Bros. sample. Big ups, PopCARD. Video after the break.
Sprint says its NFC-based payment service will launch this year, beat other carriers to the cash register
AT&T, T-Mobile and Verizon may have all lined up to support the so-called Isis mobile payment system for cellphones, but Sprint has decided to go it alone for various reasons, and it's now saying it plans to beat the others to market. As Bloomberg reports, Sprint is already working with payment networks and handset makers on its own NFC-based system, and it says it plans to roll out the service sometime this year, while Isis has previously stated that it only expects to be ready in 2012. While details are otherwise still fairly light, Sprint says that customers will be able to have purchases billed to their regular credit card statements rather than their phone bill, and that it will rely on alternatives to taking a percentage each transaction for itself as Isis plans to do. Of course, while this is Sprint's latest move in the space, it's far from its first -- in fact, it's been running NFC trials as far back as 2007. [Thanks, Carl]
Android Market gets in-app billing, your virtual nickels are now spoken for
Google said they were coming this week, and here they are -- Android apps can now have their own miniature storefronts for in-app purchases galore. You'll find Tap Tap Revenge, Comics, Gun Bros, Deer Hunter Challenge HD, WSOP3 and Dungeon Defenders: FW Deluxe accept your credit card for microtransactions starting this very instant, and Android developers can start building similar functionality into their own creations right now. Head on over to our source link for instructions on how to shake those extra coins out. Don't want to commit to a full transaction yourself? Hit the break for a quick video refresher of how in-app purchases work. [Thanks to everyone who sent this in]
American Express challenges PayPal with 'Serve' digital payment platform
American Express may have been lagging a bit behind the likes of Visa and Mastercard with digital payments over the years, but it's making a pretty big play in the field today. It's just announced its new "Serve" digital payment platform, which is more or less a straight-on competitor to PayPal. That means you'll be able to transfer funds to your Serve account from your bank account or credit card, send money to others using either the website or mobile app (currently available for iOS and Android), and even link your account to a reloadable Serve card, which you can use at any retailer that accepts American Express credit cards. Nothing fancy like NFC payments just yet, but American Express is promising to "quickly evolve" the platform by adding new features and functionality, and it's hoping to kick start things by waiving most of the consumer fees for the first six months. Head on past the break for the complete press release, and hit up the source link below if you'd like to sign up.
WSJ: Google teams with MasterCard and Citigroup for NFC payments, also files patent app
Ever since the Nexus S and its nifty little NFC chip hit the market, there's been speculation that El Goog was planning a foray into the mobile payment arena currently occupied by the likes of Charge Anywhere. Now, it looks like that plan may be in high gear, as the Wall Street Journal reports that Google's secretly partnered with MasterCard and Citigroup to test out just such a system. According to the publication, the early demo pairs "one current model and many coming models of Android phones" with existing Citigroup-sponsored credit and debit cards, and is using the phones' NFC chips with those VeriFone readers we recently heard about. What's more, a newly-published patent application from the crew in Mountain View may hint at the software behind such things. The application describes a service that sets up Google as a third-party broker who receives the shopping cart info of customers placing orders via a device (including those of the mobile variety), allows them to select shipping and other options, and provides the total order cost. It then collects payment, coordinates shipment, and forwards order information to the seller to complete the transaction. So companies can have Google handle all their payment-taking needs in return for getting a sneak peek at what folks are buying -- something that the WSJ's sources say might be a component of the setup Google's testing right now -- as opposed to other third-party services, like Paypal, that only obtain and exchange payment info with merchants. Looks like Alma Whitten (Google's Director of Privacy) has her work cut out assuaging the concerns such a system will inevitably create in an increasingly privacy-minded populace. Sean Hollister contributed to this report.
Android in-app billing coming next week, starts developer testing today
Google promised us the ability to buy stuff while inside Android apps, and sure enough, it's now just about ready to deliver it. Eric Chu, responsible for the company's Android Developer Ecosystem, has announced app submissions are now being accepted from those wanting to offer up purchasable items within their software. He also points out there'll be about a week's worth of internal testing before the whole system opens up to the public, likely before the end of the month so that Google may stick to its word of rolling out the service in the first quarter of this year. Once that's done, you'll finally be able to buy your way to in-game glory instead of having to grind away at it like some unenlightened schmo.
Bank app lets you pay bills with iPhone camera
Danske Bank just made it easier to spend money. Banking customers can now pay bills with nothing more than a photo and a tap, boosting the convenience of online payments. Danske Bank's official app is available for iPhone, iPad, iPod touch and Android devices. Once installed, users simply launch the app, snap a photo of the bill they wish to pay and press a confirmation button. The app uses the photograph to rapidly enter the details for a bill or electronic funds transfer, for example the amount due, payee name and account numbers, without forcing users to key in the information by hand. It's a welcome new feature for those of us with fat finger syndrome. The updated app is the latest from the banking industry to find innovative uses for the cameras found in mobile devices. Both PayPal and Chase Bank offer mobile apps that allow users to deposit a check simply by photographing it with the iPhone's camera. Although most of the app's features are custom built for Danske Bank's customers, the option to pay bills by photograph is enabled for clients of competing banks. Danske Bank offers instructions for setting up this feature on its website. The app, currently only available in Danish, is a free download from the App Store.
New York Times reveals labyrinthine subscription plans, Canadian readers already hitting paywall
We knew it was coming, and now The New York Times has followed through on its promise to erect a paywall for online content, which means no more free news -- kind of. Starting today in Canada and March 28th in the US, NYTimes.com will ask visitors reading more than 20 articles per month to pay for their info fix. The new plan offers monthly subscriptions of $15 with a smartphone app, $20 with tablet app, or $35 for complete digital access -- subscribers with a physical subscription will be granted a full pass, except on e-readers. Further convoluting the pay structure, entry from sites like Twitter and Facebook won't face the same restrictions, and access via Google is set at five free visits per day. Other news sources, including The Wall Street Journal, have already started charging for online content in the face of declining ad revenue, but this is certainly one of the most elaborate systems we've seen so far. The subscription plan was unleashed in Canada today, allowing the paper to iron out any kinks before hitting the US, which means you've got just under two weeks to hit NYTimes.com completely free -- after that, prepare to be confused.
Google said to be preparing NFC checkout trials for San Francisco and New York City
Google does not sell hardware, Eric Schmidt told us as much, but the company has few qualms about buying the stuff up. Bloomberg is reporting, on the authority of a pair of well informed sources, that the Mountain View team is about to buy up "thousands" of VeriFone's NFC payment terminals, with a view to installing them in stores across San Francisco and New York City. Those two technophile cities represent the most receptive audience NFC is likely to get in the US, and Google will be hoping that users there will be able to appreciate the convenience of being able to swipe their Nexus S (or other similarly equipped handset) to complete payments. We already know that Schmidt and co. consider the concept of "mobile money" a priority and there have been rumblings of Google setting up its own payment system, which together make this hookup with VeriFone appear highly credible. Bloomberg expects the trials to commence within the next four months, just in time to make iPhone 5 users green with envy.
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.
