Archive | Mobile Payments

Is Amazon Making the Right Move on Mobile Payments?

Is Amazon Making the Right Move on Mobile Payments 300x211 Is Amazon Making the Right Move on Mobile Payments?Amazon, critics say, is spreading itself too thin.

These days, the ecommerce hub is extending its service offerings into many diverse directions. From making tablets and smartphones, to launching streaming TV services and now mobile payments platforms, Amazon has become a cosmopolitan company in countless ways.

But is it too much too fast?
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Quick Tips For Gaining More PR For Your Small Business

Quick Tips For Gaining More PR For Your Small Business 300x191 Quick Tips For Gaining More PR For Your Small Business If you own a small business, you are sure to be searching for some PR to build your brand, and bring in new clients. Below are a few tips from the small business marketing and mobile payments experts at PayAnywhere to help you get headed in the right direction.

Provide Relevant Information

The best way to encourage a local reporter to feature your business, is to provide relevant information—instead of just “this is who we are, and this is what we do.” Instead highlight the problems you can solve, how you relate to current trends, and provide relevant tips and tricks that your consumers need.

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Square Raises the Stakes on Mobile Payments Security

Square Raises the Stakes on Mobile Payments Security 300x157 Square Raises the Stakes on Mobile Payments SecurityOn Wednesday, Square announced its plans to release Square Reader for chip cards.

The offering in question is an EMV solution to combat card fraud and protect sensitive payment data.

“Continuing its commitment to provide sellers more ways to securely accept payments, Square’s new reader will give sellers the ability to accept chip cards with a low-cost, beautifully designed mobile card reader that offers further protection from card fraud,” the mobile payments company said in a news release.
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Amazon to Enter Mobile Payments Arena?

Amazon to Enter Mobile Payments Arena 300x197 Amazon to Enter Mobile Payments Arena?Online retail behemoth Amazon is purportedly set to enter the mobile payments fray.

According to sources close to Amazon, the ecommerce heavyweight is planning to release a mobile credit card reader that could empower merchants to accept payments from consumers on the go.

As of this writing, it isn’t known if the card reader will be exclusively compatible with Amazon tablets and smartphones or if mainstream iOS and Android products can be used as well.
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Digital Wallets Growing Fast… in Germany

Digital Wallets Growing Fast... in Germany 300x187 Digital Wallets Growing Fast... in GermanyIf Norm McDonald still sat at the Weekend Update desk on Saturday Night Live, he would have two observations regarding Germany to make these days.

First, Germans love David Hasselhoff. And, second, they love digital wallets just as much.

While mobile payments solutions continue to stutter step elsewhere in the world, another name has just been added to the list of promising young companies entering the competitive European digital wallet market.

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IBM Expands Partnership with Monitise

IBM Expands Partnership with Monitise IBM Expands Partnership with Monitise According to CruxialCIO, IBM will expand its partnership with Monitise, a provider of mobile payments products and services, to help create tools for cloud-based mobile commerce for use by banks, retailers, payment companies and others. These companies first got together in 2013 to develop mobile banking and payment services for Visa Europe.

The companies said they would work to provide financial institutions with data analytics and location-based services aimed at helping customers receive targeted services in-store, as well as offer new digital and mobile money systems while reducing costs and creating new sources of revenue for financial service providers.

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Snapchat May Be Planning Mobile Payments Project

Snapchat May Be Planning Mobile Payments Project Snapchat May Be Planning Mobile Payments ProjectAccording to Business Insider, two trademarks filed by Snapchat lawyers may suggest that Snapchat may try to monetize through mobile payments or mobile credit card processing, unlike the traditional way through selling advertisements.

Snapchat has filed three trademarks. The first, granted in July 2013, defined Snapchat as a “computer application software for mobile phones, portable media players, and handheld computers, namely, software for sending digital photos, videos, images, and text to others via the global computer network.” This sounds like the Snapchat we all know.

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