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The dream of the mobile wallet has become a frequently heard technology buzzword. The idea is to allow consumers to pay via their smartphones when buying drinks at a cafe, paying for movie tickets, or purchasing goods at a pharmacy. The natural place
PayPal's vulnerability may have been open since the launch of its first mobile app in 2008. Photograph: Andrew Matthews/PA One of PayPal's security mechanisms designed to stop account hacks has been proven completely redundant by researchers, who
Intended to be leaps and bounds better than the old one, it was meant to serve as a launch pad into the new world of mobile payments. Well, it did that to a degree, but in my opinion, it's not what I would call perfect. If you look on Apple's "App
Some are reaping a benefit now, while others will need to wait a few years until Bitcoin "goes mainstream," and average people start using it. One industry that falls into the latter category is retailers, and online retailers in particular. Right
And while there is reason for optimism about its future, one headline made me take a step back to really consider the broader perspective...The following tweet: Why banks should pay attention to what #nintendo is doing this week http://t.co/
And Virgin charged a Booking and Service Fee of $7.70 per passenger, per booking if payment was made by a credit or debit card or PayPal."...Rod Sims. "[We are continuing] to investigate businesses in other industries in relation to their practices
Flint Mobile today announced the integration of its no-card-reader mobile payment app with Intuit's QuickBooks Online, expediting end-to-end operations for small businesses that work outside traditional storefront environments.
PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud. PayPal, the payments unit of eBay Inc , said in an interview
PayPal currently dominates the online payments space, processing more than 9 million payments each day across 193 markets. However, eBay's PayPal only has 148 million active accounts today compared to Amazon's headcount of 244 million active users.
Contact-less, cashless, mobile payment seems like an ideal way to transact, but given the fact that hackers target financial information, security for the platform is critical. "Thanks to state of the art security, SIM based NFC mobile payment reuses