Mobile Pay Options About To Increase With Merchant Customer Exchange

A group of retailers, including Walmart, Target, 7-Eleven, Best Buy, CVS, Lowe’s, Shell, Publix, Sears, Alon, Darden, HyVee, Michael’s and Sunoco are teaming up to offer customers another mobile payments option. The initiative is called Merchant Customer Exchange (MCX). The…

U.S. Wireless Carriers Unite Around Mobile Payments

The Electronic Transactions Association (ETA), a trade association for the electronic payments industry, today announced the beginning of its new Mobile Payments Committee. The committee will be a task force whose job it is to consolidate consensus on mobile payment…

Square Deal With Starbucks Could Be Huge For Mobile Payments In General

As previously reported, Square and Starbucks have entered a major partnership, which will see 7,000 Starbucks locations start offering Square as a payment option. Customers will be able to pay at Starbucks using Square’s payer application, from participating stores in…

Deutsche Telekom Looks to Expand its Mobile Payment Reach

Yesterday it was announced that Deutsche Telekom and MasterCard have partnered to begin bringing mobile phone payment methods to more Europeans over the next year. Today it has become clear that MasterCard is not the only company Deutsche Telekom is…

MasterCard and Deutsche Telekom Partner for Mobile Payments

MasterCard and Deutsche Telekom announced today that they have entered into a partnership to bring mobile phone payments to more Europeans over the next year. Deutsche Telekom has around 93 million mobile customers that could soon be using their phones…

PayPal Introduces Mastercard Payment Solution

If you’re a frequent user PayPal, you’ll be happy to see that they’re making the prepaid Mastercard available at 7-Eleven stores, and other chains owned by 7-Eleven. With 110 million customers and counting, PayPal wants to entice customers to start…

PayPal Gets a Much Needed Website Makeover

No doubt PayPal is a leader in the payment industry, but many thought the website could use a little refresh. Apparently so did PayPal, because today they are expected to unveil a much needed redesign of their main website. According…

Square Inc. Introduces Loyalty and Rewards System for Customers

We’ve been following Twitter co-founder Jack Dorsey’s new startup, Square Inc. for awhile now, and most recently we have seen his company grow in size to reach over 2 billion users. The service is currently processing $6 billion in mobile…

Square Inc. Hits the Two Million User Mark

Square Inc., Twitter co-found Jack Dorsey’s latest venture, has really taken off lately. Just about six months ago, the company reached a milestone of 1 million users. Today, they reached another milestone and now have over 2 million users. Annually…

Square Inc. Doubles its Reach to Over 20,000 Retailers

Back in April, Twitter’s Jack Dorsey announced that his newest venture, Square Inc was already processing about $5 billion worth of transactions per year, and being used at almost 10,000 stores around the country. Today, that number has doubled and…