On Thursday, the House Judiciary Committee held what is destined to go down as one of the dumbest hearings in US history. In order to explore potential political bias on social media platforms, conservative commentators Diamond and Silk were invited to testify under oath. The proceedings should have never happened,…
It’s over four months since retailers around the US were supposed to start using EMV technology to accept your card payments. So why is it that so many stores seem to be ignoring the chip?
Google Wallet in its newly revamped form is meant to be a way to send money to other people without difficulty or thought or regret. To make the process easier, you now just need someone’s phone number to get the cash flowing.
According to a new report, Apple is said to be in discussion with banks to build a person-to-person payment system that would allow people to transfer money between phones without the need for cards or checks.
Apple Pay’s fingerprint authentication is already miles better than the laughable magnetic strip on our credit cards. But to try and create the
If you’re a fan of discovering new anxieties that you didn’t even know you had, then consumer group Which? has some good news: It turns out that the contactless payment card in your pocket might not be as secure as you assumed.
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…
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.
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.
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.…
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.
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.
"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!
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.
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…
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.
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."