Today Snapchat rolled out a pay-your-friends feature called Snapcash, powered by Square. A fledgling peer-to-peer payment system like this is Snapchat’s first big platform test.
This company delivers you cats covered in cash whenever you want for only $5! Just kidding, it’s only the cash part.
Sprint has big plans for its digital wallet. It wants to become a “virtual bank” for customers who don’t have checking accounts and a supplemental financial service for those that do.
The Sprint prepaid brand is testing out a financial services app that allows you to pay bills, transfer funds and cash checks within a mobile app. For physical transactions, Boost is supplying a prepaid Visa card.
For many people without a credit or debit card, it has been hard to make online purchases from Walmart.com. Now, the retailer is taking a big step to address this audience by accepting cash payments for online goods, letting people come into the stores to pay.
PayNearMe, a cash payment system that lets users pay for online purchases, bills and bus tickets at 7-Eleven stores, is now offering a fully mobile payment option. Users who don’t have a card can complete their purchases without having to print out anything.
After being nagged about it for years by Wall Street, Apple on Monday said it has decided to cut into its significant cash reserves by offering a dividend of $2.65 per share each quarter, starting with the company’s fourth fiscal quarter of 2012, July 1.
At Goldman Sachs’ investor conference Tuesday, Apple CEO Tim Cook gave some rare color on how he views not only his own job as Steve Jobs’ successor, but also his views on the company’s $98 billion cash pile.
With $100B in cash, there have been quite a few whispers about an Apple dividend, starting when Tim Cook officially become CEO. But after years of wishful thinking on the part of longtime investors in Apple, it’s starting to look like it could actually happen soon.
Steve Jobs wouldn’t hear of a dividend or share buyback. But under the Tim Cook regime, it appears things might change. Apple hasn’t made plans public of what it will do with its $97.6 billion in cash, but the company is currently discussing the matter internally.