Coming off a rather long testing phase, Isis Mobile Wallet has launched nationwide today. The digital wallet service is arriving with support from three of the big four US carriers and basically means users will be able to make mobile payments with their NFC-equipped smartphone. The catch of course, having a supported device and finding […]
While Google Wallet hasn’t made its way to the mainstream quite yet, the concept is such that we could see digital money replace physical money slowly over time at some point. According to a patent recently filed with the US Patent and Trademark Office, Apple is looking to get into the digital wallet market themselves.
No longer are email attachments only limited to files. Today, Google announced that Gmail will be getting Google Wallet integration, where users will be able to send money to recipients by attaching a Google Wallet payment to an email. A new money icon will appear in the compose toolbar next to the Google Drive icon where you’ll be able to attach money to your message, giving an all-new to “penny for your thoughts.”
After clicking on the money symbol, all you have to do is enter in an amount and select the source from which the money will come from — it can even be a credit or debit card. After that, all you do is click “Attach” and then you’ll be able to type an email message and send off your money through the internet pipes to your friend or family member.
The below shows the process in a bit more detail, as well as how you can receive money — you don’t even need a Gmail address in order to receive a Google Wallet payment from someone with Gmail. If you receive a payment, all you do is click on “Claim Money” and you’ll be able to boost your checking account that much more.
This is most likely Google’s answer to competing with PayPal, which currently dominates the online money market. Google is looking to take away some of that market share with the ability to easily send payments to other people, something that PayPal users have been able to do for quite some time. However, it’ll take a little more effort on Google’s part to make a huge dent in PayPal. PayPal is integrated into hundreds of online retail websites, as well as eBay, so if Google wants to gain attention and take a chunk away from PayPal, they’ll have to get Google Wallet integrated into other services.
Nonetheless, the Gmail attachment feature for Google Wallet will be rolling out within the next couple of months, and it’ll only be available for users who are 18 years old or older. Also, each transaction sent through Gmail will still cost a 2.9% fee for each payment you send on through ($0.30 minimum).
Google Wallet comes to Gmail with money attachments is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
Google launched its Google Wallet service nearly two years ago, and has since been a great way for Android users to pay for stuff without the burden of having to carry around their wallet everywhere they go. Apple, not to be outdone by Google in its Maps and possible Street View space, is expected to develop its own digital wallet within the next year or two, according to Piper Jaffray analyst Gene Munster.
Munster believes a payment option for iOS users will use a technology that will replace or be in addition to NFC, although its system will work with already existing mobile payment solutions. The mobile payment option is expected to be made available with the iPhone 6 in the first half of 2014. Munster also believe Apple will rely on its iTunes database as it currently holds over 500 million accounts, which the majority of those most likely have credit cards linked. Hopefully if what Munster predicts becomes true, Apple will find an easier way to approve transactions that wouldn’t require iTunes users to input their password every step of the way.
By Ubergizmo. Related articles: iOS 7 Concept Reimagines Lock Screen, Text Messaging And More, Apple Patent Hints At Their Own Version Of Google Street View,
Wanna Pay for Things Using Square’s Smartphone App? Here’s Every Business That Will Let You Do That [Square]
Posted in: Today's Chili Square Wallet—formerly Pay With Square; formerly Square Card Case; formerly something else probably—is a platform agnostic alternative to Google Wallet, Apple Passbook and, soon, Microsoft Wallet. It allows you to pay for goods using only your phone. But knowing which businesses actually support this technologically-advanced method of mercantilism can be harrowing. Lucky for you, Square compiled a directory of every business that is Square Wallet-friendly. Now you can leave your wallet at home sometimes? [Square] More »
When you pick up a next-generation iPhone this Autumn, you may very well be working with a brand new integrated system for online sales of all things fancy – and not just digital media. It’s been tipped to Business Insider writer Owen Thomas that Apple’s meeting between their own CEO Tim Cook and startup The Fancy CEO Joe Einhorn earlier this year started something beautiful between the two companies. Now we’re to understand that The Fancy is at a point in its development – 20 employees strong, earning $10,000 USD a day in sales from products promoted on their network – that Apple will be prepared to pick them up. Acquire them, in other words.
This information is tied to elements of interest in The Fancy in its supposed edge over the still very much larger competing group Pinterest. One of these elements is their forward-thinking percentage cut they take of all sales pushed through their site – 10% – and their massive valuation and funding rounds from late last year. Last we checked, the company was valued at $100 million USD and were able to get a $10 million dollar funding round led by the conglomerate behind Gucci, PPR.
Other investors in the company behind The Fancy are Facebook co-founder Chris Hughes and Twitter co-founder Jack Dorsey. Apple is very much in a position to start working with online sales of physical goods at the moment as they’ve just announced a new “PassBook” virtual wallet element for their upcoming mobile operating system iOS 6. A connection between a virtual wallet on the iPhone and an entertaining visual system such as The Fancy would be a massive step forward for Apple in the online shopping universe.
Another interesting element in this story is the fact that an Apple Store in New York City and The Fancy’s designated DMCA (Digital Millennium Copyright Act) agent Michael Silverman both reside in the same building. 401 West 14th Street, New York, NY 10014 is where you’ll find them both. Certainly just a coincidence, but interesting enough nonetheless.
One more bit of coincidence occurring today comes from TechCrunch writer Ingrid Lunden who points to the featured image on The Fancy today – an iPhone. This would be fabulously exciting if it weren’t for the fact that Apple products (and accessories from 3rd party groups) weren’t exceedingly popular on The Fancy on the regular.
And a third – this is Tim Cook’s Fancy account. It’s currently set to private, but he certainly has used it before. Right after he and the CEO of The Fancy met last year.
Stay tuned as Apple continues to set fires under the seats of companies left and right – even if this all turns out to be a rumor.
Apple courts The Fancy CEO: Pinterest challenge imminent is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
If you use a lot of credit cards for paying your monthly bills or for business needs, you probably know that different cards offer different rewards. I know some people that use one specific credit card to pay for everything because they get so many rewards they can go on a free vacation each year by using it. If you have a bunch of credit cards, you would want to use the one with the best rewards at that given time. That can be easier said than done.
This is where a new startup that launched this week called Wallaby comes in. Wallaby combines all of your existing credit cards on one card and then decides which of your card accounts to route transactions to based on where you get the most frequent flyer miles or cash back bonuses at the given moment. The first thing is you have to do is register all your physical cards with Wallaby, and the company gives you a single physical card to use everywhere.
When you register with Wallaby, you don’t have to worry about which card is the best, you simply swipe the card and pay as normal and Wallaby chooses which card to use automatically. Another example is if you go to a restaurant for lunch, and one of your cards has a special double cash back for the specific restaurant; Wallaby will automatically use the best card with no input from you. The first 5000 users to the beta Wallaby service will get a free card for 12 months and after the free year, Wallaby will cost $50 per year. This sounds like an interesting service to me.
[via TechCrunch]
Wallaby wants to ensure you get the best credit card rewards is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.