By swallowing up Magento, eBay is building what it calls X.Commerce, an open platform that can offer a wide array of end-to-end services to merchants, providing everything from local inventory data and discounts to historical information on pricing, transactions and browsing. It then offers tools for payment and helps close the loop on transactions so [...]
Two UK firms involved in contactless ticketing and payments have joined forces to launch NFC and mobile phone-based solutions. Transit specialist Applied Card Technologies (ACT) and digital payments company sQuid have merged under a new corporate umbrella, Smart Transactions Group, in a deal valued at £53.3m (US$87m). See more at www.nearfieldcommunicationsworld.com Related articles Starbucks UK set to accept NFC payments [...]
Google Wallet is a key part of our ongoing effort to improve shopping for both businesses and consumers. It’s aimed at making it easier for you to pay for and save on the goods you want, while giving merchants more ways to offer coupons and loyalty programs to customers, as well as bridging the gap [...]
According to a report published late Tuesday from Reuters, sources close to the Internet search giant say Google will unveil a new mobile payment system this week. The mobile payments system will run on the Android operating system and be available on phones from Sprint Nextel Corp. Read more at www.mobilemarketingwatch.com Related articles Google and Sprint [...]
2011 is the beginning of the NFC mobile payments era and consumers are eager to pay with their mobile phones at stores, stadiums, restaurants and etc. – for convenience or impress a date. Well, that’s what we found in a recent survey we conducted with U.S. consumers. Defined as a mobile generation with its pulse on digital [...]
Most recently eBay integrated Milo into a few of its core products, including RedLaser. So with a single scan of a product in a store, users can see which nearby retailers have a product in store, and at what price. eBay also integrated Milo’s results into its own marketplace, allowing users to include local shopping [...]
Here’s how PayNearMe works. On participating partners, e-commerce or merchant sites, consumers can use the PayNearMe option to pay for purchases or debts owed. You simply place your order with PayNearMe and print out the given receipt. You then take that receipt into a 7-Eleven and they scan it and you pay in cash. Once [...]
Money is a tool we use for arms-length transactions, where there isn’t an assumption of any kind of relationship or trust between parties. But as data is being mapped at an accelerating rate – from self-quantification, to the contextual and relational data about our location and interactions, to our preferences and opinions, to our exchanges [...]
The combination of the personal connection that Twitter allows and an easy system of micropayments has a lot of potential, but the odds of success are still astronomically low, if the history of micropayments is any guide. The concept behind Flattr is almost as old as the web itself: the idea that, using the power [...]