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Tag: payments

Contactless Payments Everywhere

Posted on January 28, 2011 by Rob Lewis - 1 Comment

A couple of new developments in contactless payment technology have been announced in the UK in last few days.

Tagged mobile, payments

Intuit Undercutting Square

Posted on January 11, 2011January 12, 2011 by Rob Lewis - Leave a comment

Yesterday we questioned the $240 million valuation of mobile payment processor Square, and here are a few more reasons to question that value.

Tagged mobile, payments

Square Worth $240 Million?

Posted on January 10, 2011January 11, 2011 by Rob Lewis - Leave a comment

Mashable reports that mobile payment processor Square has just raised $27.5m dollars from venture capitalists, reportedly valuing the company at $240 million.

Tagged Business, mobile, payments

Was Your Card Double-Charged On New Year’s Eve?

Posted on January 6, 2011 by Rob Lewis - Leave a comment

The BBC is reporting that Lloyds Banking Group had a problem with their payment processing on New Year’s Eve, causing thousands of credit and debit card users to be double charged.

Tagged banking, payments

Google Mobile Payments Launching In 2011?

Posted on January 4, 2011January 4, 2011 by Rob Lewis - Leave a comment

A few high-profile sites have been reporting on a BusinessWeek article which seems to confirm that Google is looking into its own mobile payment service using NFC technology.

Tagged google, mobile, nfc, payments

Bankers Try To Censor Old Chip & PIN Flaw

Posted on December 31, 2010December 31, 2010 by Rob Lewis - Leave a comment

Back in February of this year (it’s still 2010 as I write this), we posted about a BBC Newsnight report that showed how a team of researchers from Cambridge University had managed to find a flaw in the Chip & PIN system.

Tagged banking, fraud, payments, security

Will A Google Phone Be Your Next Wallet?

Posted on December 15, 2010December 14, 2010 by Rob Lewis - Leave a comment

Google has acquired a very small, barely up and running startup company that had some interesting patents in mobile payments.

Tagged google, mobile, payments

Visa Launches “In2Pay” Smartphone Mobile Payments

Posted on December 8, 2010 by Rob Lewis - Leave a comment

Following 18 months of testing in the US, Europe and Asia, Visa has made its “In2Pay” smartphone mobile payment chip commercially available to financial institutions.

Tagged mobile, payments, technology

Replace Cheques With Another “Paper-Based” Payment?

Posted on December 7, 2010 by Rob Lewis - Leave a comment

The UK Payment Council has been keeping itself busy pondering how to minimise the effects of the loss of the humble cheque, and they’re planning a revolutionary replacement; a “paper-based” alternative.

Tagged cheques, payments

PayPal: Million Brits Make Mobile Payments

Posted on November 3, 2010 by Rob Lewis - Leave a comment

PayPal has announced that one million Brits have made a payment through PayPal on their mobile phones.

Tagged mobile, payments

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