What Happens Behind the Scenes When You Buy Things with Your Phone

You’ve decided to buy a new pair of shoes, and you’re going to pay for them by tapping your smartphone against the checkout stand. It’s just like using your credit card — except that it isn’t. Here’s what’s really happening to the money on your phone, when you spend it and when you are just carrying it around. » 5/20/15 4:45pm 5/20/15 4:45pm

Google Wallet Will Be the Easiest Way to Pay on Your New Android Phone

Apple has Apple Pay. If you have an iPhone 6, your mobile payments platform of choice is pretty much set in stone. But Android has no true de facto e-wallet, but Google is now making that decision much easier by working with Softcard and mobile carriers to come standard on every smartphone sold by AT&T, T-Mobile, and… » 2/23/15 1:30pm 2/23/15 1:30pm

Samsung Wants To Replace Your Credit Cards With These Clever Magnets

Your next Samsung Galaxy smartphone could have a neat trick up its sleeves. Just place your phone next to any ol' credit card reader, and press a button to pay. That's because Samsung just announced that it's buying LoopPay—a company that figured out how to trick magnetic stripe readers to accept your money wirelessly. » 2/18/15 5:10pm 2/18/15 5:10pm

After Three Weeks, Apple Pay Is Already Transforming How We Buy Things

For years, tech companies like Google and Softcard (formerly known as ISIS) begged with consumers to adopt its NFC-powered payment platform, and for the most part, their pleas went largely unheard. Now that Apple Pay has graced millions of iPhone 6 and iPhone 6 Plus users with NFC purchasing powers, things are… » 11/16/14 10:00am 11/16/14 10:00am

Snapchat's Thinking About Getting Into the Mobile Payment Business

It looks like Snapchat, everybody's favorite disappearing message app, is getting ready to handle mobile payments. This week, the company filed two payments-related trademarks that seem to signal a shift in its business. But don't get any bright ideas about Snapchat the disappearing money app. There's probably a… » 7/17/14 11:00am 7/17/14 11:00am