Why mobile payments still haven’t revolutionized retail
Mobile payments are a revolution waiting to happen. It just makes sense that, with so many of us carrying around increasingly advanced smartphones, we’ll be able to use them to pay at brick-and-mortar stores and the check-out line.
We’ve been hearing predictions like this for years. Recently, Juniper Research estimated that worldwide mobile payment volume would reach an incredible $240 billion this year. By 2015, Juniper predicts, worldwide mobile and point-of-service (POS) terminal payments will … Continue Reading
Google moves forward with NFC mobile payment tests while Apple backs down
Google will reportedly start testing its near-field communication (NFC) mobile payment service in New York and San Francisco stores within four months, sources tell Bloomberg.
The service would let consumers to pay purchases with their phones, assuming their phones are equipped with NFC chips like Google’s recent Nexus S smartphone. Google has been thought for some time to be working on an NFC payment system, so the news doesn’t come as a huge surprise.
It’s … Continue Reading
Google offers its own spin on mobile payments for Android users
While not exactly a competitor to the hot mobile payment startup Square, Google released last week a mobile payment option of its own for merchants and Android phone users. The company has developed the new Android Payment extension, which merchants can use to allow Android users to pay for items with Google Checkout, reports ReadWriteWeb.
Merchants first need to create a Google Checkout merchant account and then use the Gadget Wizard to embed the web … Continue Reading
Google uses homepage to go after PayPal
While not exactly a competitor to the hot mobile payment startup Square, Google released last week a mobile payment option of its own for merchants and Android phone users. The company has developed the new Android Payment extension, which merchants can use to allow Android users to pay for items with Google Checkout, reports ReadWriteWeb.
Merchants first need to create a Google Checkout merchant account and then use the Gadget Wizard to embed the web … Continue Reading
