After hitting its $50,000 crowdfunding goal in just 40 minutes, the connected credit card startup Coin is now opening the flood gates for even more preorders.
With all the hype surrounding mobile payments these days, the industry faces a monumental problem: Credit cards are already pretty easy to use.
Today, New Jersey unsealed an indictment of five Eastern Europeans in the biggest credit card hacking scheme in the United States to date.
Foursquare has teamed up with Visa and Mastercard to expand its check-in deals service that lets users earn better specials by using their credit cards.
Who starts an announcement that he’s tossing 470 people’s jobs into the meat grinder with the world ”delighting?”
Braintree, a startup that makes payment processing easier for e-commerce vendors, has raised $35 million.
Edo has raised $15 million in third round funding to brings its local-offers technology to small businesses across the country.
In an effort to ramp up its mobile payments offerings, PayPal announced today that it will team up with Discover to bring its technology to more than 7 million merchants next year.
Over 500,000 credit card numbers in Australia were discovered compromised today, stolen through a hack on a business’ point of sale system.
In surprising news tonight, mobile payments startup Square has announced an extensive partnership with Starbucks.
Social gaming giant Zynga has connected with credit company American Express to provide a rewards program where users can receive virtual game rewards for using their real-life American Express card.
We’ve reported on how Jack Dorsey has been able to fulfill his lifelong love affair with dispatch systems by having credit card readers from his company, Square, installed in the back of 30 NYC taxi cabs. It’s part of a pilot program the city hopes will drive down fees. Today the company showed off its new custom design for NY cabbies: an iPad encased in black metal with a vertical slot for swiping credit cards. You can see it above.
CardSpring, a company that creates mobile applications specifically for credit and debit cards, announced today it has raised $10 million in its first round of funding.
Mobile payments startup Square now has more than 1 million merchants charging credit cards with the service, the company announced today.
[Editor's note: Updated with quotes from Xoom's chief executive John Kunze.]
Intel and MasterCard have agreed to work together to beef up security for online shopping and make online payments a better experience overall.
Dynamics, the DEMO-winning company that’s revolutionizing credit cards, has just purchased an eight-acre facility to house its engineering, adminitrative, research and manufacturing departments.
Visa’s mobile payments future just got real. The company announced today that it will deploy dual-mode chips in its infrastructure that will pave the way for NFC-based mobile payments, and it has also come up with an aggressive strategy to bring retailers on board.
I have a bit of a crush on group-texting application GroupMe, which lets a bunch of phone owners jump into an ad-hoc chat room that’s powered by text messages. It’s simple, and best of all, it doesn’t use data.
New startup BillGuard is betting there’s a market for people who would like an extra set of eyes monitoring their credit card statements for scams, billing errors, unauthorized charges and anything else that seems odd.
When it was announced in November, the Isis mobile commerce network seemed like a bold attempt by wireless carriers to edge out credit companies on mobile payments.
There’s simple elegance in a text message: Maybe you send an emoticon or an “I love you,” but more often than not it’s just a quick update. It’s like a Tweet, except more ubiquitous. You can’t count on people reading Twitter. With text, you most always can.
Near-field communications, or NFC for short, is on the cusp of making e-commerce look like chump change, and much more quickly than most people think. The naysayers have arrived, and that’s a good thing: it means this disruptive technology is about to take down their business.
Guest Post Editor’s note: This discussion about mobile payments and commerce is one of the five themes we’ll debating at the VentureBeat Mobile Summit, on April 25-26. We’ve carefully invited the top mobile executives to help solve what we think are the biggest challenges in mobile. And for payments, we’ll have the top executives in the sector around the table, including representatives from Verizon, AT&T, Sybase, Boku, Zong, Visa, Square and disruptive credit card company Dynamics. (If you think you should be part of the discussion, you can apply for a ticket. More on the series here.)
Square took another step toward simplifying the credit card payment process today by getting rid of its 15-cent transaction fee. That means businesses who accept credit card payments using the Square reader just pay the company a 2.75 percent fee across all their payments.
ReadyForZero, a Y Combinator-backed startup that looks to help card-carrying consumers reduce their credit card debt, announced that it is going live for everyone. The company launched just 6 months ago.
Socialwise announced today that it has raised $3.4 million in new funding to market its pre-paid credit cards geared towards teen spenders.