What's New in Payments

Zuckerberg: Facebook is working on payments but it will take time to get it right

Facebook founder Mark Zuckerberg

Facebook is looking into the potential of adding payments capabilities across its business, CEO Mark Zuckerberg has explained during the company’s first earnings call following the hiring of PayPal boss David Marcus to head its messaging business — but the company won’t rush into the market and expects to take several years to fully develop its offering... More



What's New in Payments

PayPal goes Dutch on mobile payments

PayPal has partnered with MyOrder, the mobile ordering and payment system backed by the Netherlands’ Rabobank, to let customers “order and pay for food or drinks ahead of arriving at a cafe; to pay at the table in a restaurant without calling over the waiter, or pay for parking without searching for the closest meter”... More


PayPal volumes grow 29%

PayPal’s total payment volume (TPV) grew 29% with merchant services volume up 35% and on-eBay volume up 13% during the quarter to end June 2014, parent eBay has reported... More














NFC World

New EMV framework to support NFC, QR, Bluetooth LE and more

EMVCo

A new tokenization framework being developed by EMVCo for the world’s major payments networks will enable EMV transactions to be made on a mobile phone using the widest possible range of “last inch” technologies— and the first draft of the new specification will be available in just a few weeks, Christina Hulka, chair of the board of managers at EMVCo, has told The Mobile Wallet Report... More