Mobile Wallets

Online retailer Amazon.com Inc. appears to have bought tablet and mobile point-of-sale provider GoPago Inc., according to a report in La Repubblica, an Italy-based newspaper. In the report, Vincenzo Di Nicola, a GoPago co-founder and its chief technology officer, says Amazon paid an undisclosed amount for the company. The article, …

While questions remain concerning when it will launch and how it will work, the Merchant Customer Exchange mobile-payments venture continues to sign up retail companies large and small. And in a twist unique to MCX, with each merchant it signs for acceptance it apparently fences off that merchant from competing …

A new smart-phone app hopes to give retailers an edge in capturing sales when consumers use their mobile devices in their stores. Dubbed SelfPay, the app enables consumers to pay for merchandise while standing in a store aisle and leave without stopping at a cash register. Developed by Digital Retail …

A new point-of-sale card-acceptance app expected to be available in early 2014 will use pattern-recognition technology to capture a payment card number, potentially speeding up an in-store transaction and eliminating the need for a card reader. n Cartwheel Register eschews a card reader that plugs into the audio jack in …

Ever since Google Inc. stunned the payments business early last month with its mobile operating system update that skirts the secure element for near-field communication, all eyes have been on a tiny startup in Austin, Texas, called SimplyTapp Inc. The 2-year-old company, with six full-time employees, has kept busy answering questions …

Co-Op Financial Services, a vendor and network provider to 3,500 credit unions serving 30 million debit card holders, is upgrading its Sprig mobile wallet with technology and services from the big processor Fidelity National Information Services Inc. (FIS) and its PayNet payment network. Sprig’s upgrade comes at a time when …

Mobile devices, which have fundamentally changed so much of the electronic payments business, are now shaking up the cross-border remittance market. Twelve-year-old Xoom Corp., a relative newcomer to the business, says 37% of its transactions in the third quarter originated on mobile devices, compared to 22% a year ago. More …

ABnote is adding support for near-field communication (NFC) technology to its miWallet mobile wallet with the addition of the Wave device from Israeli technology vendor On Track Innovations Ltd., ABnote recently announced. The device connects to mobile devices using the audio jack on smart phones and tablets. When connected, it …

  Google Inc. today announced the availability of a payment card to accompany its Google Wallet online and smart phone-based service. The card, which is funded by money held in a consumer’s Google Wallet account, can be used at point-of-sale locations that accept MasterCard Inc. transactions. MasterCard was part of …

The Coin card, which officially launched last Thursday but is not yet available in the market, is generating a tidal wave of buzz in the press and on social-media sites but is not wowing payments experts contacted by Digital Transactions News. “It’s solving a problem that doesn’t really exist,” says …