PayPal today is launching a new take on peer-to-peer payments with the debut of a platform it’s calling PayPal.Me. For the first time, PayPal customers will be able to set up their own user profiles which are associated with a personalized URL (e.g. paypal.me/username), which can then be shared with others via text, over email, on instant messenger, via social media, or anywhere else, as… Read More
European mobile payments player, iZettle, is expanding into what amounts to small business loans — announcing a capital advance product, called iZettle Advance, which will be available to select iZettle customers who need funds to grow their own businesses. So it’s basically moving onto even more of the territory where traditional banks fear to tread. Read More
When I was in Addis Ababa, Ethiopia recently as part of the U.S. government’s delegation to the Third International Conference on Financing for Development, I was struck by how much the international development landscape is changing. Where governments were once the primary source of development assistance, today the private sector, civil society, academia and donors are all working… Read More
Apple Pay officially arrived in the UK earlier today, and with it, we’re now getting more details on how the mobile payment service will work. Most of the 250,000 physical locations that will accept Apple’s contactless payment service will work with a £20 cap on transactions as some had been reporting prior to the launch, but it turns out this is not the full story. At least… Read More
Starbucks, whose embrace of mobile payments and mobile loyalty in-store has already established the company as a forward-thinker when it comes to new technology, is this morning announcing the expansion of its “Mobile Order & Pay” system to 21 more states, including 3,400 individual café locations across the U.S. The feature allows customers to place their order and pay… Read More
Back when Apple Pay was first launched, Best Buy wanted none of it. As a part of the MCX consortium, they were a part of an effort among retailers to build a mobile payments system of their own: CurrentC.
It seems Best Buy has changed its mind. 6 months later, Best Buy is jumping on the Apple Pay train. Read More
Starbucks’ mobile ordering system, which allows customers to place orders in advance of their visit to the store, pay from their phone, then skip the line when they arrive, is today rolling out to more locations across the Pacific Northwest, including Starbucks’ home base of Seattle. In total, there are now 650 more locations supported in Washington, Idaho, Oregon and Alaska, says… Read More