Tag: MOBILEPAYMENT

Google has purchased thousands of VeriFone's mobile payment registers, intending to install and test the system in stores in New York and San Francisco, according to Bloomberg. With this system, customers could pay for products with their Nexus S (or other smartphone equipped with a near-field communication chips) rather than using cash or physical credit and debit cards in stores. The anonymous ...

If you had told us a few months back that mobile merchant credit card systems would become a serious battleground in the smartphone world, we probably would have told you that you were insane. Surely, the market for credit card-scanning iPhone peripherals would be incredibly small, right? Apparently it's not, and Twitter co-founder Jack Dorsey's 'Square' won't be able to monopolize the ...

The still-nascent field of smartphone payment systems may be getting a lot more crowded, since AT&T and Verizon Wireless have become strange bedfellows in testing a new system that allows store customers to pay for products with their smartphones. According to sources close to the deal, the test system would be similar to those already implemented in the U.K., Turkey and Japan, where ...