Mobile Commerce

Apple Inc. is expected to release its iPhone 6 next month and, not surprisingly, speculation about the coming smart phone’s features is intense. But a new report from IDC Financial Insights cautions that Apple is not out to reshape the mobile-payments industry. Many of the rumors in payments circles center …

In a move that could significantly boost mobile-payments activity, PayPal Inc. on Tuesday unveiled a single-click payment method for merchant apps. Dubbed One Touch, the method allows mobile users to log in once with their user names and passwords, then simply touch or click on a “buy” button for all …

This week, Amazon launched Amazon Local Register, the mobile POS (mPOS) solution that may well kill mPOS solutions. That’s not to say that they won’t exist anymore, but it is to say that mPOS as a value proposition in and of itself is really going to struggle moving forward. Square, …

  Online retail giant Amazon.com Inc. is moving into brick-and-mortar stores with the debut Wednesday of its Local Register mobile point-of-sale service. Similar to other mobile POS services, such as Square Inc.’s, Local Register requires merchants to create an account, purchase a card reader and download an app to a …

Rather than jumping to conclusions about the implications of Square Inc.’s decision last week to implement a Europay-MasterCard-Visa (EMV) chip card solution that forgoes PINs and instead relies on a signature at the point of sale, it’s important to first ask the question: Why would a payments disruptor and tech …

Stressing such factors as the rapid growth of mobile commerce and the advantages of streamlined integration, representatives from Discover Financial Services, Mercury Payment Systems LLC, and PayPal Inc. on Tuesday urged a roomful of point-of-sale technology resellers to begin moving quickly on selling mobile payments to retail clients. “I would …

Square Inc. on Wednesday ended months of speculation with an announcement that it will begin offering an EMV card reader early next year. Square will start taking orders for the device, which will process chip-and-signature as well as mag-stripe transactions, later this year, the San Francisco-based company said. The move comes …

Zooz Mobile Ltd. is preparing to launch in September a transaction-routing engine that will let so-called omnichannel merchants run payments for e-commerce, mobile commerce, and in-store commerce through a single pipe. The engine, tentatively called the Omnichannel Generator, will seek out the optimal path for each transaction, allowing merchants to …

Amazon.com Inc. on Monday refused to comment on a report that the big online retailer is preparing to launch a mobile card reader to compete with Square Inc., PayPal Inc., and dozens of other vendors. “We can’t comment on rumors and speculation,” an Amazon.com spokesperson told Digital Transactions News by …

The arms race in the tablet-based point-of-sale market heated up on Friday with Zing’s launch of its Register application. Built for Apple Inc.’s iPad, the software-as-a-service product includes integrations with e-commerce platform Bigcommerce and email-marketing provider MailChimp on top of the expected payment-processing services. Further integrations with Intuit Inc.’s QuickBooks …