Payments

The development of contactless technology, thanks to the NFC adoption in mobile handsets, is offering a new opportunity to create and develop value added services for the end user with an innovative and interactive experience.

Square, which built its business on the simplicity of its plug-in payment device, is piling on services that should make banks and other companies take notice.

AnywhereCommerce is approaching established retailers and merchant service providers with a toolkit for a quick upgrade.

Square has launched Square Capital, a credit program for small business, joining a growing number of companies breaking into small-business lending.

SumUp's plan to create an end-to-end mobile payment system without reliance on third parties became a reality this week with the rollout of a chip-and-PIN mobile card reader and terminal system.

The Nebraska State Treasurer's office has partnered with PayNearMe to allow residents who prefer cash a way to make online payments.

VeriFone and iPayment are partnering on a tablet-based point of sale system to provide small-business owners the types of services more commonly used by larger businesses.

Intuit Inc. has entered an agreement to buy Check for $360 million, adding payment capabilities to its online and mobile personal financial management (PFM) offerings.

The days of salesmen peddling point of sale terminals by simply pulling hardware out of a box are likely numbered.

Widely regarded as a titan of online payments in the United States, PayPal has built a significant business in Europe as well. But is its online payments business a strong foundation for the still-nascent mobile money market here?

Google Inc.'s YouTube is developing a feature that allows the video site's viewers to send funds to content creators.

North American coffee chain Tim Hortons Inc. is diversifying its mobile payment options.

Since its formal launch, Isis has very aggressively marketed its mobile wallet. The venture of AT&T, Verizon Wireless and T-Mobile has offered numerous freebies and statement credits to anyone willing to try it out, and recent figures show that these efforts may be paying off.

The telco-driven Isis wallet is working to transform its consumer base into its newest sales force.

BillingTree is giving consumers a test drive of its systems for handling car payments electronically.

South Africa-based Standard Bank will formally launch its SnapScan mobile payment application to more than 10,000 merchants across the country, allowing them to accept payments from customers using QR codes and PINs.

Airtel Money and Total Oil are rolling out a mobile payment service for consumers in Uganda to purchase fuel and make in-store purchases with their Airtel accounts at Total gas stations.

McDonald's Austria has launched a mobile ordering and payment app, Quick Mac, which allows customers to pay with the most common cashless payment options in the country.

Authentify Inc. says its new mobile authentication platform will work with the Samsung Galaxy S5's built-in fingerprint reader.

As InComm takes the platform it developed for Rogers Communications' suretap mobile wallet to new regions, it's mindful that the system should adapt to the needs of each market.