This Is How Apple Pay Will (Possibly) Work

Visa Is Experimenting With Biometric Payment Systems

Apple's iPhone 5S has a fingerprint scanner, and now Samsung's revealed a print-reading Galaxy S5. Each allows for payments to be verified using a swipe of your digits. Is this the possible future of all transactions? Perhaps, and Visa is now exploring the area too to ensure it will be ready for the possible… » 2/25/14 6:30am 2/25/14 6:30am

PayPal Beacon Is Going to Make Hands-Free Payment Way More Common

PayPal’s stuck another clever little location-aware payment option into its smartphone app, with the Beacon tool letting users pay for items without even having to sigh and pull a mobile out of a pocket. » 9/10/13 5:58am 9/10/13 5:58am

Mastercard's MasterPass Turns Your Phone Into Your Own Personal…

MasterCard is no stranger to high-tech purchasing. Its existing PayPass Wallet already lets you tap your credit card on NFC terminals. But the new MasterPass service takes it all to another level, letting you do things like scan barcodes and buy items with your phone, right on the spot. » 2/25/13 12:16pm 2/25/13 12:16pm

Mega Is Now Accepting Bitcoin Because Of Course It Is

Kim Dotcom's Mega has been marching on into the future, so far without any sort of considerable pestering from one pesky United States government. In the meantime, Dotcom's been doing his best to beef the service up, offering cash money to anyone who can strengthen its encryption. And now Mega is taking Bitcoin.… » 2/17/13 9:15am 2/17/13 9:15am

Apple: No NFC for You! Come Back, One Year! Maybe!

When is an NFC antenna not an NFC antenna? When it's reportedly attached to an iPhone 5. Contrary to recent speculation, Apple's newest handset will not feature an NFC payment system. » 9/12/12 1:56pm 9/12/12 1:56pm

How to Make Sure You Get Paid When You Design a Website

If the people who hired you to design a website have been dodgy and unreliable about payment, here's a little stunt that will shock their wallets and open their checkbooks: scrap the entire site and kindly demand payment on the website's front page. Your payment should come soon after. » 5/01/12 10:40am 5/01/12 10:40am

Google Wallet: The Future of Money Is Here, Sorta

"Whoa, how did you do that?" I didn't say anything when the clerk at Duane Reade—or was it Walgreen's?—asked me how to pay. I just smashed my phone into the PayPass terminal. Money poured out of my Nexus S, and into somebody's corporate coffers. Magic! » 9/19/11 4:25pm 9/19/11 4:25pm

Apple and Nokia Shake Hands On Patent License Agreement

Nokia and Apple are no longer suing each other over multiple cases of patent infringement. The two have entered an agreement and Apple will be paying Nokia both a lump sum amount and on-going royalties. Needless to say Nokia is happy with this arrangement. [Nokia] » 6/14/11 1:15am 6/14/11 1:15am

American Express Fashions New Android and iOS App Payment System

An American Express Serve app for both Android and iOS has been created for online purchases, paying bills and even person-to-person payments. The master account holder can create sub-accounts with spending limits—good for children, for example. » 3/28/11 10:29am 3/28/11 10:29am

Visa To Offer Person-to-Person Payments in the U.S.

If you're a current U.S. customer, Visa's new payment service will soon let you send funds digitally from your account to any other Visa account in the world. You'll be able to send money to other eligible accounts by entering your recipient's 16-digit Visa account, e-mail address or mobile phone number. Props for… » 3/16/11 10:47pm 3/16/11 10:47pm

Apple's Latest Hire Might Turn Your iPhone Into Your New Wallet

Following a string of related patents, Apple has hired Benjamin Vigier, an expert in the area of near field communications—the kind of technology that allows you to wave your credit card over a reader instead of swiping it. » 8/16/10 9:33am 8/16/10 9:33am

Your Smartphone Might Replace Your Wallet Soon

AT&T, Verizon, and T-Mobile are going to war with the plastic in your wallet. According to Bloomberg, the three companies are pushing to make mobile payments—where a wave of your phone replaces a credit car swipe—the new standard. » 8/02/10 8:27am 8/02/10 8:27am

Square Payment System Beset With Delays

Square, the super-cool payment system that lets you collect peoples' credit card dollars on your smart phone, is delayed indefinitely while the company tightens various infrastructural screws. CEO Jack Dorsey admits they rolled features out "before they were fully baked." » 6/19/10 12:30pm 6/19/10 12:30pm

In2Pay iPhone Case: Anywhere Visa payWave Is Accepted

As if making money magically disappear from your bank account wasn't easy enough, DeviceFidelity's new In2Pay case, which will let iPhone users make contactless transactions on Visa's payWave system, will turn you into the Dumbledore of mobile payment. » 5/17/10 5:51pm 5/17/10 5:51pm

Apple Building PayPal Killer, Sources Babble

According to Silicon Alley, the latest rumor in Wall Street is Apple's plan to turn the iTunes Store into a payment system like Paypal. In other words, they want you to give them money so you can buy things elsewhere. » 8/04/09 12:55pm 8/04/09 12:55pm

AOL Tries to Extort Bogus Fees From Wall Street Journal Writer

AOL tried to squeeze a little over $100 in fees from a customer for upgrades he hadn't asked for, hadn't approved, hadn't used and of which he hadn't even been notified. Unluckily for AOL, that customer is a professional writer. » 7/04/09 9:15pm 7/04/09 9:15pm

Apple Patent Shows Ordering, Paying by iPhone (And Queue Skipping)

Nothing except a 2nd-gen iPhone with GPS and 3G would make us happier than if Steve pulled out this invention at MacWorld 2008 next month. This patent, which details a cashless payment system via the iPhone, will allow people to order stuff on their phones via Wi-Fi, pay for it, and skip everyone in line that doesn't » 12/28/07 12:11pm 12/28/07 12:11pm

Microsoft Was/Still Planning On Rewarding Zune Sharing?

Remember the rumor that the Zune will pay you for sharing a song that someone ends up buying? Well, that rumor was squashed by Cesar, the pants wearing blogger last week. Not so fast, says a reader who uncovered a whitepaper from Microsoft detailing their possible foray into "off-line economies for digital media." » 10/30/06 7:00pm 10/30/06 7:00pm