Tag: MOBILE PAYMENTS

Intuit has had Twitter founder Jack Dorsey's mobile payment startup Square in its sights for some time. Back in August, Intuit teamed up with Mophie to offer a complete hardware and software package for $179 up front, plus a small percentage of every purchase made (smaller than that taken by Square). But Square always offered its card reader for free with the software package. Now, Intuit has ...

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 ...

Earlier this month, AT&T and Verizon announced a joint venture to test a new system that would allow customers to pay for products with their smartphones. Now, Bank of America and Visa have followed in their footsteps, and, as Reuters reports, will begin testing their own smartphone-payment system next month.The test run, which will take place in New York from September through the end of ...

The Square hype started back in December when Twitter co-founder Jack Dorsey announced a new mobile payment system. It lets any business plug a small box into a mobile device's headphone jack for fast, easy swiping and payment. Receipts, signatures and accounts are all handled and stored electronically. Square is finally going live today for businesses and customers who use iPhones, iPads or the ...

Just as those of us in the States have (hopefully) done this month, the citizens of Sweden will file their income taxes in May. Unlike us, though, many of them will do so with a few simple clacks on their cell phones' keypads. Over the past five years, an increasing number of Swedes have taken to their government's method of filing taxes via text message, according to CNET. Of course, these tales ...