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Mobile payments service launch announced by Groupon

01/15/201304/13/2014 Sam Lambert

A new option has just been announced for Android users similar to that released in September for iPhone. Groupon has just revealed that its mobile payments service, which has been compared to that offered by Square, is now available to Android device users after having been available exclusively to iPhone customers since September 2012. This new service allows merchants to use Android devices for accepting debit and credit card transactions. The mobile payments service is made possible through a card reader that attaches to the smartphone or tablet, which now…

Mobile payments growing among Canadian small businesses

01/09/201304/13/2014 Jorge Gonzalez

Square Inc. mobile payments nfc technology

These systems are increasing in popularity as smaller companies seek alternatives to traditional platforms. Mobile payment technology is starting to take off among small businesses in the Canadian province of Nova Scotia, as they seek to discover alternatives to the traditional online platforms and point of sale systems. Now that there are a growing number of players in the marketplace, businesses have choice. Among the various options that are starting to make some headway in the Canadian mobile payments marketplace among small business is Square. This American startup provides merchants…

Mobile payments are struggling in Sweden

12/31/2012 John Montgallo

Estimates have shown that smartphone penetration in Western Europe has reached around 25 percent. The latest estimates from eMarketer have been released and they are showing that although 25 percent of Western European consumers have smartphones, mobile payments are still lagging behind in Sweden where penetration is higher. SBAB Bank data from August and September showed that penetration in Sweden is at 67 percent. However, even though Swedish consumers are more than twice as likely to have smartphones than their average European counterparts, mobile payments still aren’t picking up very…

Mobile payments service in EU expands into Spain

12/19/201212/19/2012 Jesse Collins

iZettle has announced that it will be expanding into its seventh European nation. The mobile payments startup out of Sweden called iZettle has released its latest mcommerce news, which has revealed its latest entry into a new country – in this case, Spain – in order to bring its services to small businesses there. There are now 7 different countries in the E.U. in which these smartphone transactions are accepted. Among the other nations in which iZettle is providing mobile payments service are Sweden, Germany, and the U.K. In November…

Mobile payments system unveiled by Bank of America

11/15/201211/14/2012 Jennifer Goula

The financial institution has now launched their new program that is smartphone friendly. An affiliate of Bank of America has just announced that it has developed a mobile payments system for businesses, taking their first major leap into that highly competitive marketplace. The new system will allow companies to accept transactions over smartphones and tablets. The mobile payments system is called “Mobile Pay on Demand” and it gives merchants the opportunity to increase their payment method options by plugging a secure debit and credit card reader into an iPad or…