news on Google Wallet Archives

Visa’s strategy for mobile payment domination

08/09/201108/09/2011 Sam Lambert

Credit card and other large companies are diving into mobile and digital payment technologies head first, forming aggressive strategies with purchasing and partnerships in order to ensure their space at the top of the game. Both American Express and MasterCard have been making deals and have been choosing the technologies that they believe will lead the way for mobile payments. Visa has also made as series of significant moves recently, which include the assumption of an advisory position in Square (a disruptive startup), the $110 million acquisition of Fundamo (a…

Mobibucks takes step toward cash-free future

07/11/201107/11/2011 Jennifer Goula

Mobibucks, a company based in Louisville, Kentucky, has announced that it believes that its technology will play an important role in the upcoming trend toward cashless payments made with a mobile phone. The Mobibucks technology allows a shopper to use his or her smartphone for making payments at physical brick-and-mortar stores using nothing more than a mobile number and a PIN. As of yet, members of Mobibucks can’t yet use this technology in order to pay for the products they want to buy using their American bank accounts. So far,…