If you were wondering how long it would take the influence of the Apple Watch to be felt on the rest of the wearable world, the answer is "they didn't even wait for the thing to be released." Former Bluetooth headset leader and current wearable fitness also-ran Jawbone really wants to get in on that sweet mobile payment green, so they've partnered with American Express to include contactless payments on their latest fitness tracker, the UP4. Read More
Mobile payments are on the rise. Google has been working with companies for years, and with Apple Pay turning more consumers on to the idea, new opportunities to swipe your phone at a register or pay in advance are popping up left and right.
Now Google has partnered with ChowNow to bring Wallet to thousands of independent restaurants across the US. As of today, restaurants have updated their mobile apps to include Wallet as an additional option at checkout. Read More
Mobile payments app Venmo has been around for years now, but without two-factor authentication, security hasn't been as good as it could be. Fortunately the company is now getting around to changing that. Today it announced that it has added two-factor authentication to its mobile apps (Android and iOS) as well as the web.
When you attempt to sign into Venmo from a new phone, the service will send you a 6-digit code that you will need in order to get inside. Read More
OpenTable announced its own mobile payment program just over a year ago, which it launched exclusively on iOS at the time. Now the feature is officially available for Android.
Pay with OpenTable, as the functionality is called, lets you pay your checks using the mobile app. There's nothing to scan or swipe in order for the experience to work. The restaurant will simply receive its money digitally from the credit card you have saved. Read More
Facebook has introduced a new way for friends to swap cash with one another that doesn't involve meeting in person, writing a check, or even opening up another app. With Facebook Pay, they can send and receive money directly inside of Messenger. And it won't cost them a thing. Read More
Right now a mobile payment system is kind of like a pair of Crocs in the mid-2000s: everyone has to have one and it isn't clear why. Of course Google Wallet has been around for years, but now that Apple Pay (and Samsung Pay, and apparently everyone is paying everything) is around Google needs something a little more competitive, perhaps using those newly-acquired Softcard assets. We've known about Android Pay, a new mobile payment API, for a few weeks. Read More
After several weeks of rumors, Google has announced their partnership with Softcard. The purpose of this venture is to combine forces with Google Wallet, which has been around since 2011 but never enjoyed wide usage. Read More
Wallet has to be pretty frustrating for Google. They beat Apple to the punch by quite a long time, but the iPhone 6 and 6 Plus basically introduced the lay public to mobile payments. How did this happen? Insert the tired cliches about Apple's control over hardware and software here. More interesting is what Google will do, considering how much they still have to gain by getting more adoption of their Apple Pay competitor. Read More
There have been a number of rumors regarding Samsung's intention to build its own mobile payment platform to compete with Apple and Google, and maybe now we know how. The Korean company just bought mobile payment start up LoopPay for an undisclosed sum. Using LoopPay is a little like NFC, but it works on 90% of payment kiosks using standard magnetic stripe readers. Read More
Believe it or not, a lot of Android fans were happy to see Apple announce its new Apple Pay system with the iPhone 6. Thanks to its reliance on NFC technology (welcome to 2011, Cupertino!) and Apple's famous marketing muscle, it meant that NFC payments might finally start taking off, particularly in the US. Read More