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    Forbes

    News about Forbes.

    Amazon to discontinue mPos device

    November 4th, 2015

    Amazon is to discontinue the credit card reader offering it debuted last year. “Effective February 1, 2016, we will discontinue Amazon Register,” the company said in an email reported by Forbes. “We periodically evaluate our offerings to ensure that we focus on delivering unique benefits and, in this case, we’ve decided to discontinue Amazon Register.”

    AT&T boss admits mobile payment failure

    June 4th, 2015

    The CEO of AT&T has admitted that the US carrier’s mobile payment efforts have failed in light of the closure of Softcard, the joint venture between it, T-Mobile USA and Verizon. “In the end, we thought we’re probably better off not investing more money in this space,” Ralph De La Vega told Forbes. “It seems like a more natural fit for the OS manufacturer doing those kinds of things. We decided to focus on another part of the business and not continue on the mobile payments area.”

    Apple upgrades its mPOS

    May 12th, 2014

    Apple is to equip US store staff with a new version of its EasyPay mPOS solution that replaces the existing iPod devices with an iPhone 5S, encased in a Verifone shell, that offers support for both EMV “chip and pin” cards and contactless payments, Forbes reports.