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Payments Articles

Would You Trust Facebook With Your Money In The Real World? Would You Trust Facebook With Your Money In The Real World?
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These days, brick and mortar businesses displaying some kind of signage saying “Like us on Facebook,” are nearly as common as those displaying Visa and MasterCard logos. That’s worth considering, when you think about using Faceabook as a way to …

Facebook Ditches Credits In Favor Of Real Money Facebook Ditches Credits In Favor Of Real Money
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Facebook is launching subscription payments and local currency support for in-app payments, while getting rid of Facebook Credits. According to Facebook’s Credits page (pictured above), only 852 people liked Credits anyway. “With subscriptions, you can establish a recurring revenue stream …

Groupon Reportedly Testing Payments Product Groupon Reportedly Testing Payments Product

Groupon is reportedly testing a new payments offering, and is giving merchants complimentary iPod Touches and card readers. Rocky Agarwal at VentureBeat says he was forwarded an email from a business who was solicited for it. Agarwal reports: The pricing …

Why Ashton Kutcher Is Investing In Dwolla Why Ashton Kutcher Is Investing In Dwolla

A couple weeks ago, we wrote about Dwolla, an Iowa-based startup in the payments space. It drew more attention than the typical payments startup may, because it attracted the investment of celebrity Ashton Kutcher (though hardly his first investment in …

Google Acquires TxVia To Bolster Google Wallet Google Acquires TxVia To Bolster Google Wallet

Google announced last night that it has acquired TxVia, a payments technology company, which will become part of Google Wallet. “Since 2008, TxVia has supported the management of more than 100 million accounts,” says Osama Bedier, Vice President of Wallet …

PayPal Accepted At Gas Pumps (Cumberland Farms) PayPal Accepted At Gas Pumps (Cumberland Farms)
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PayPal is moving into an important payments space – the gas pump. The company announced a new partnership with Cumberland Farms, one of the largest networks of convenience stores in the North East. Customers will be able to pay at …

PayPal Here: PayPal’s Square Competitor is Here PayPal Here: PayPal’s Square Competitor is Here

We previously reported on rumors that PayPal was getting ready to launch a Square competitor. Now, the rumors have become reality, as today, PayPal unveiled PayPal Here. Like Square, it comes with a card reader you plug into your smartphone …

PayPal Digital Wallet Unveiled At SXSW: Here’s 20 Minutes Of Demo PayPal Digital Wallet Unveiled At SXSW: Here’s 20 Minutes Of Demo
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PayPal introduced a new digital wallet today at SXSW. “This is the future of what PayPal is going to be looking like over the coming months,” PayPal VP, Global Product & Experience, Sam Shrauger declares. He actually discussed the offering …

Facebook Aims To Improve Its Mobile Ecoystem Facebook Aims To Improve Its Mobile Ecoystem

At Mobile World Congress today, Facebook CTO, Bret Taylor announced a couple initiatives where Facebook is working with partners in the industry on mobile web standards and payment improvements. When Facebook filed for its IPO earlier this month, Facebook expressed …

Facebook And Bango Partner On Mobile Payments Facebook And Bango Partner On Mobile Payments

Facebook has partnered with Bango, a provider of billing and analytics for app stores, mobile apps and sites. Bango will provide payment services to Facebook. Growing mobile use, and the lack of monetization of mobile users were highlighted in the …

Google Wallet On Galaxy Nexus, Nexus S (AT&T), According to Reports Google Wallet On Galaxy Nexus, Nexus S (AT&T), According to Reports

Several reports have come out indicating that AT&T has quietly begun allowing users of the Galaxy Nexus and Galaxy S NFC-enabled smartphones to download Google Wallet. Slashgear reports that the download requires that an AT&T SIM be loaded into the …

1/8 Of U.S. Merchants Who Accept Credit Cards Are Using Square 1/8 Of U.S. Merchants Who Accept Credit Cards Are Using Square
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Square, the other company that Twitter co-founder Jack Dorsey runs, which offers a device anyone can plug into their smartphones to accept credit cards, has announced that 1 million merchants are now using Square. According to Dorsey, only 8 million …

Helium Account Balances Appear Negative for Writers Helium Account Balances Appear Negative for Writers
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Writing community Helium is apparently having some issues in the writers’ payments department. If you’re not familiar with Helium otherwise, WebProNews readers may remember the site being discussed in the wake of Google’s Panda update. It’s a user generated content …

Facebook Credits: New Payment Methods and Other Updates Facebook Credits: New Payment Methods and Other Updates

Facebook announced some updates to Facebook Credits. These include: new payments methods, a new policy, updated documentation and a breaking change for the Credits callback. First off, new payments methods that have been added include: ELV (Germany) MyCard Mobile (HongKong, …

Google Checkout Dropped for Google Wallet Google Checkout Dropped for Google Wallet
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Google Wallet Launches (Officially) Google Wallet Launches (Officially)
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Update: Google has now gone ahead and officially announced the launch of Google Wallet, complete with another video. Google VP of Payments Osama Bedier writes: We’ve been testing it extensively, and today we’re releasing the first version of the app …

Diablo 3 Taps PayPal for Virtual Goods Payments
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PayPal and Blizzard have teamed up around Blizard’s new Diablo 3 and the Battle.net platform. “With the launch of Diablo 3’s public beta, gamers around the world will jump into Blizzard’s dungeon crawling masterpiece that, with its auction house system, promises …

AT&T, Verizon, T-Mobile To Reportedly Put $100 Million More Into Isis AT&T, Verizon, T-Mobile To Reportedly Put $100 Million More Into Isis

Back in November, we told you about a joint venture between AT&T and Verizon Wireless (it also includes T-Mobile, which AT&T is trying to acquire) on a mobile payments network. The offering, called Isis, allows users to pay for purchases …

Google Launches In-App Payments Google Launches In-App Payments

At Google I/O, Google announced In-App payments for for web app developers (among other things). Now, Google has made them available. “Integration is simple with just a few lines of code. And pricing is set at just 5-percent,” says Product …

Google to Integrate Google Offers with Google Wallet and Google+ Google to Integrate Google Offers with Google Wallet and Google+

Sooner or later, you’re probably going to see many of Google’s new products much more heavily integrated with other existing Google products, as well as with each other. Google+ is already integrated with Google properties by the simple fact that …

PayPal Intros P2P NFC Solution PayPal Intros P2P NFC Solution

Laura Chambers, senior director of PayPal Mobile, gave the audience at MobileBeat a demo of a new P2P NFC solution today, which lets people transfer money “in a matter of seconds” by tapping two smartphones.  “This is just one of …