MCX’s long-awaited mobile wallet is now in a few pilot programs, but starting in 2015, it will become available to consumers at some of the biggest retail and restaurant chains in the country.
BlackBerry’s enterprise communications network has been shipping secure email for a decade. Now BlackBerry is using that infrastructure to secure NFC payment data for Canadian mobile carriers and banks.
PayPal is expanding two useful payment features — Order Ahead and Pay At Table — to U.K. restaurants. While PayPal is working with all retailers on smartphone transactions, it’s lately taken a keen interest in eateries.
Best Buy and 7-Eleven are shutting down NFC at their registers. Are they saving themselves the expense of running a smartphone payments infrastructure no one is yet using, or are they putting the screws to competitors?
After making news with several high-profile hires from Netflix’s(s nflx) ranks, mobile payments startup Clinkle appears to have concluded it’s a bit talent heavy. According to Fortune, Clinkle is laying off 16 employees (about 25 percent of its workforce) from its business operations group. Though Clinkle hasn’t even revealed the details of its new mobile wallet and payments app, it’s attracted a lot of attention, securing a $25 million seed round from Silicon Valley luminaries and hiring veterans like former Netflix CFO Barry McCarthy to its executive roster.
Square current Reader, launched nearly two years ago, was a huge hit among Square’s merchant customers. But a few things have always bugged Square about Reader’s design. Now it’s fixed them.