Mobile payments

LifeLock Inc. left many of its customers "extremely frustrated" when it pulled its mobile wallet app off the market last week because of potential security gaps, but those customers understand it was the right thing for the company to do, CEO Todd Davis says.

Nordea Bank will offer iZettle's mobile card readers to its small business customers in Sweden, Norway, Denmark and Finland.

Banks are not as aggressive as the many technology startups competing to dominate the mobile payments market, but their slow pace is justified, a new report says.

Prepaid product and transaction services company InComm has launched a platform for mobile payments and commerce.

LifeLock Inc. has temporarily pulled its LifeLock Wallet app off the market to address security issues.

Payments processor mopay is now offering an HTML5 in-app billing solution for online merchants doing business in India.

Groupon Inc. is expanding its in-store payments business with a new service that lets merchants identify customers with the company's coupons and enable them to pay for purchases using Apple Inc.'s iPad mini.

Yapital Financial AG is seeking bank partners in Europe for its mobile payment app, but it's insisting on a long courtship.

Host Card Emulation technology, which allows mobile devices to emulate a secure Near Field Communication transaction, is catching on fast so fast that it would be unwise for any company to ignore it, says ABNote CEO Steven Singer.

Users of new technology often invite derision—Google Glass wearers are "Glassholes," iPhone devotees are "iSheep"—and mobile wallet users may soon be the next target of such ridicule.

Square has added and removed many features over its few short years as it refines its mobile-pay pitch in an effort to win more merchants. Its removal of the Square Wallet app was the latest of many revisions to the company's strategy.

The Dutch startup Eaze has begun the public beta of its "Nod to Pay" app for the Google Glass headset and has added support for two Bitcoin wallets.

Google now allows Android device users to fund app purchases with a PayPal account, but hasn't gone so far as to enable the rival payment method as a funding source for all Google Wallet purchases.

Square now allows merchants to refund part of a sale made through its Square Register mobile point of sale app.

PayPoint plc's PayByPhone has acquired Adaptis Services Ltd. and entered into a partnership with the City of Paris to bring mobile payments to 155,000 parking spaces.

Square's latest flurry of features came just in time for Souvla, a new Greek sandwich shop and wine bar in San Francisco.

Zuppler and LevelUp are enabling restaurants to offer patrons the option to pre-order and pay for food online or through mobile phones.

Yapital Financial AG is seeking bank partners to further expand its European cross-channel payment system.

Isis, the mobile wallet venture of AT&T, Verizon Wireless and T-Mobile, has activated an average of 20,000 new mobile wallets per day in the past 30 days.

HyperWallet Systems Inc. now supports direct-to-bank transfers in India using local currency.