It was a busy and bustling week of headlines in the fast-emerging industry of mobile payments. Here are some of the top stories and most interesting blogs of the past week.
- Mobile payment processor Square fined for unlicensed activity in Florida
Mobile Payments Today reports that the Florida Office of Financial Regulation recently fined Square $507,000 for unlicensed activity. Read the whole story here.
- Facebook entering the mobile payments space?
According to a report Thursday from All Things D, social networking giant may be ready to enter the mobile payments space. Read the whole story here.
- Why the mobile sales associate represents retail’s future
Earlier this month, mobile payments giant PayAnywhere made a bold move by openly inviting merchants to accept the future… today. Read the whole story here.
- China sees massive spike in mobile payments
Year-over-year mobile device payments in China increased nearly threefold in the second quarter, according to China Daily. Read the whole story here.
- Is local tourism ready for mobile payments?
PayPal has PayPal Here, Square offers a card swipe and merchant account, and Google is working on Google Wallet… which is best for local tourism? Read the whole story here.