Hasta La Gadget!

In a bid to catch mobile payment rival Square napping, Intuit GoPayment is leaping across the pond to begin an assault on the UK. It’s certainly putting the effort in, having had to rework its hardware to be compatible with Chip-and-Pin and being forced, for legal reasons, to drop the “Go” and “ment” parts of its name. The service is currently in a limited trial before being rolled out to switched-on stallholders and itinerant fraudsters (we kid) nationwide.

Filed under: Cellphones, Peripherals

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Via: TechCrunch

Source: Intuit

Sometime next year, Vodafone subscribers in Australia can expect to taste the sweet fruit of mobile payments, which comes thanks to the carrier’s partnership with Visa. Computerworld Australia reports that Vodafone SmartPass is currently being tested on Android phones in the land down under, which relies on an NFC-enabled SIM card. It’s also said that the carrier plans to introduce a Windows Phone app, although it has no intention of developing a solution for iOS, which is due to the iPhone’s lack of NFC. While mobile payments still remains a mere pipe dream for many, it’s said that Vodafone will eventually bundle the SmartPass app on all smartphones that support NFC. Unfortunately, the technology may remain cumbersome, as it’ll require users to load currency into a prepaid account for use — something Google has already kicked to the curb. If you’ll recall, Vodafone first announced its initiative with Visa in February of this year, although at the time, it was said that only a few European counties would make the initial cut. To learn more about what Vodafone has in store for its Aussie constituency, feel free to hit up the source link.

Filed under: Cellphones, Wireless, Software, Mobile

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Via: WMPoweruser

Source: Computerworld Australia

It was just this spring that Square had reached a grandiose $5 billion per year payment rate and cemented its position at the top of the mobile payment processing field it practically started. Any attempts to catch up just got a lot harder now that the startup has crossed the $10 billion mark, only half a year later. A fifth of that new rate came in the past two months and hints that the company isn’t about to slow down anytime soon. The increase doesn’t have any clear driver, apart from wider media exposure, but founder Jack Dorsey notes that this doesn’t include the Starbucks deal that took effect just days ago. We know the rocket-like pace won’t last forever; all the same, the record-high levels of business undoubtedly give Square a lot of competitive padding when a deluge of recently established alternatives are still getting started.

Filed under: Cellphones, Internet

Square reaches $10 billion in payments per year, stays ahead of a growing pack originally appeared on Engadget on Wed, 14 Nov 2012 19:32:00 EDT. Please see our terms for use of feeds.

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To call the mobile-based card processing business crowded would be a slight understatement — launching a reader is nearly an instinctual reaction for commerce outlets that see Square running away with the market. What’s to stop a bank from joining the fray? Bank of America doesn’t see anything wrong, as it’s starting up a me-too service through Mobile Pay on Demand. The headphone jack reader with Android and iOS support will seem very familiar to anyone who’s been paying attention; the company does have some tantalizing lures for entrepreneurs, however, such as an ever-so-slightly lower 2.7 percent fee per transaction as well as a year-long deals marketing service subscription for any 2012 sign-ups. US shops that haven’t already jumped on the bandwagon with Square (or Groupon, or Intuit, or Pay Anywhere, or PayPal or VeriFone) can pre-order a reader today and start taking payments on December 3rd.

Filed under: Cellphones, Internet

Bank of America gets into card swiping with Mobile Pay on Demand, because 29 can play at that game originally appeared on Engadget on Tue, 13 Nov 2012 13:55:00 EDT. Please see our terms for use of feeds.

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Rogers and its banking partner CIBC have been making much ado over bringing NFC mobile payments to Canada since the spring, but the companies have been mostly silent on actual availability and let a rumored October 15th launch date pass by without fanfare. The two partners are at last ready to swing into action, at least symbolically — a photo-op at a Tim Hortons in Toronto on Friday will officially represent the first instance of their payment system being used in the wild. What we’ve seen officially and otherwise hasn’t changed, which means that event star and triathlete Simon Whitfield will be using one of two NFC-equipped BlackBerry phones with a special SIM card while he buys a meal that we imagine involves coffee and maple-glazed donuts. Rogers hasn’t said how soon the less sporty among us will be making payments, although the limited choices of phones (two) and carriers (one) will only give a handful of Canucks a chance to join in.

Update: Just as Whitfield’s coffee is cooling off, Rogers has given out full details: the CIBC mobile payment option will roll out later in the month to at least 2,300 Tim Hortons restaurants across Canada, with 3,000 more joining in by December. It’s called Suretap, as the earlier leak confirmed, and there’s no surprise support for Android, Windows Phone or other platforms.

Continue reading Rogers and CIBC kick off Canadian NFC-based mobile payments with mini event (update: full details)

Filed under: Cellphones, Mobile, RIM

Rogers and CIBC kick off Canadian NFC-based mobile payments with mini event (update: full details) originally appeared on Engadget on Fri, 02 Nov 2012 12:15:00 EDT. Please see our terms for use of feeds.

Permalink CrackBerry, MobileSyrup  |  Canada Newswire, Rogers  | Email this | Comments