It has barely been eight months since VeriFone announced its Sail mobile payments system, but the company is already retreating from the market.
At an event at eBay’s headquarters Thursday, online and mobile payment company PayPal announced partnerships with several point of sale system companies to integrate mobile check ins, electronic receipts, and PayPal integrated cash registers.
One thing Sam hates about being a Manhattan cabbie is picking up tourists hoping to see a Broadway show. “They are always yelling at me, drive faster, we’ve still got to buy our tickets.”
Verizon wants to own your mobile identity, which may be why the company has blocked the Google Wallet mobile payments app on the forthcoming Samsung Galaxy Nexus smartphone.
Verifone has acquired European alternative payments provider Point, in an effort to broaden its range of mobile payment services for merchants and retailers, the company announced today.