eBay is considering a spinoff of its payments service PayPal as early as next year, Reuters reports, but details of the move and what structure it could take remain unclear... More
PayPal
Orderella to install NFC tags and Bluetooth beacons in 79 UK pubs and bars
Orderella, the developer of an app that lets customers place drinks orders and make payments from their mobile phone, is to install NFC tags and Bluetooth beacons in all the 79 pubs and bars across the UK that use its service... More
PayPal introduces one touch mobile payments
PayPal has launched One Touch, a mobile payments solution that lets consumers make payments in supported apps with a single touch... More
Zuckerberg: Facebook is working on payments but it will take time to get it right
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
Amazon to enter mPOS market?
An Amazon Card Reader will be available from next month costing US$9.99, according to internal documents from office supplies retailer Staples obtained by 9to5Mac... More
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
PayPal offers loyalty rewards
PayPal has introduced a rewards program for “our most active and enthusiastic customers who use PayPal online, in store, or on mobile devices”... More
PayPal adds loyalty cards to mobile wallet app
A new version of the PayPal iOS app has been released that enables users to store a wide range of loyalty cards within their mobile wallet... More
PayPal pays next day
PayPal is piloting Next-Day Settlement (NDS), a new service that cuts the time taken for transfers between a merchant’s PayPal account and their bank account from the usual three or four days to 24 hours... More
Two thirds of UK smartphone owners open to the idea of mobile wallets
Two thirds of UK smartphone owners are open to the idea of using a mobile wallet, according to a survey conducted by Marketing Sciences — but most consumers want to use a mobile wallet to collect loyalty points and offers rather than for making payments... More
Samsung adds Galaxy S5 Mini
Samsung has unveiled the Galaxy S5 Mini, a compact version of their latest flagship smartphone... More
Android L to offer wide range of new features for mobile payments and commerce
The next generation of Android, unveiled at the Google I/O developer conference, will offer mobile payments, banking and commerce providers a wide range of new functions... More
PayPal CEO joins Facebook as head of messaging products
PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee building ecommerce and payments capabilities into the social network... More
Affirm updates credit scoring
PayPal co-founder Max Levchin has raised US$45m for Affirm, a startup that lets retailers offer a credit option to online shoppers... More
McDonald’s launches Quick Mac mobile payments in Austria
McDonald’s Austria is rolling out a new mobile ordering and payments service that lets users place their orders on their mobile device and pay using PayPal, a credit card or a stored value Paybox account... More
PayPal tests beacons
PayPal Beacon, a mobile payment service that uses Bluetooth Low Energy (BLE) beacons to let shoppers make “hands free” payments, is now undergoing pilot testing in Palo Alto... More
Google Play adds PayPal
Google Play users in 12 countries can now charge the cost of their purchases to their PayPal account... More
PayPal takes another look at NFC
The arrival of host card emulation (HCE) has led to a re-think of online payments giant PayPal’s famously anti-NFC point of view, company president David Marcus has revealed... More
New EMV framework to support NFC, QR, Bluetooth LE and more
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