Mobile Wallets

EBay Inc.’s agreement to shell out $800 million for Braintree Payments Solutions LLC, announced on Thursday, signals the online auction giant’s desire to extend its PayPal brand further into mobile commerce and in-store commerce, analysts suggest. EBay’s confirmation of the deal, which is expected to close in the fourth quarter, …

By Jim Daly In its second major Google Wallet announcement of the week, search-engine giant Google Inc. today said it is bringing the digital wallet for the first time to Apple Inc.’s iPhone, a move that opens the wallet to tens of millions of potential new users. And like Tuesday’s …

Google Inc. on Tuesday unveiled a new mobile app for its Google Wallet that emphasizes the wallet’s loyalty and person-to-person payments features that in the past had taken a back seat to its point-of-sale payment capability based on near-field communication (NFC) technology. The app is now available to all smart …

It may well be the mobile-payments app provider you never heard of, but Paydiant Inc. is winning deals with major banks, processors, and merchants, and on Tuesday it secured $15 million in a Series C round of funding. The financing brings to almost $35 million the cash injections the Wellesley, …

By Jim Daly The Isis mobile-payments service on Wednesday said five specialty point-of-sale hardware makers would integrate Isis’s SmartTap technology into their products. The companies join a number of major POS terminal makers, including U.S. market leaders VeriFone Systems Inc., Ingenico S.A. and Equinox Payments, already committed to supporting Isis …

Microsoft Corp.’s $7.2 billion acquisition of Nokia Corp.’s handset business, announced late on Monday, brings to the Redmond, Wash.-based tech giant a pioneer in near-field communication technology and allows it to combine hardware with a mobile operating system in the manner of rivals Google Inc. and Apple Inc. It remains …

PayPal Inc.’s ambitious plan to achieve what its parent company’s chief executive calls “ubiquity” in in-store acceptance took a key step forward this week when news emerged that Mercury Payment Systems has become the first independent sales organization to market PayPal’s mobile wallet to small brick-and-mortar merchants. Durango, Colo.-based Mercury, …

Zach Harvey says it’s too hard to get Bitcoins, so next month his new company will start shipping its first machines intended to let ordinary consumers exchange cash for the controversial digital currency. The company, Lamassu Inc., is billing the tabletop device as “the world’s first Bitcoin ATM” and says …

The Isis smart-phone-based payments machine is finally getting in gear, observers say, in the wake of several recent developments involving the service that is jointly owned by three big mobile-telecommunications carriers. Giant card issuer JPMorgan Chase & Co. on Monday said that several of its cards will support the Isis …

Nearly a year after announcing itself, Merchant Customer Exchange (MCX) took another step toward achieving its goal of developing a cutting-edge mobile-payments system with the appointment of Dekkers L. Davidson as chief executive. Thursday’s announcement of Davidson, former managing director at credit card issuer Barclaycard U.S., as CEO comes hard …