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mobile payments

Latest Headlines

Latest Headlines

Google's Pichai confirms company will launch an MVNO in the 'coming months'

BARCELONA, Spain--Google's Sundar Pichai confirmed that the search giant will launch an MVNO in the U.S. on a limited basis in "the coming months" to spur innovation in the wireless market. Although Pichai did not indicate which carrier or carriers Google will work with, several reports last month indicated that the partners are Sprint and T-Mobile US.

Samsung Galaxy S6 and S6 Edge sport new design and new payment system

BARCELONA, Spain--Samsung Electronics unveiled the next versions of its flagship line of smartphones, the Galaxy S6 and S6 Edge, with high hopes that these devices will be a bigger hit than their predecessor, the S5.  The two smartphones are dramatically different from the plastic-backed progenitors of the Galaxy S family because they have metal bodies.

Report: Google to launch Android Pay API at I/O to spur mobile payments adoption

Google is going to unveil a new API called Android Pay at its I/O developer conference in late May, according to an  Ars Technica   report, and the platform will enable payments in brick-and-mortar stores and in-app payments for third-party applications.

Report: Google aims to launch revamped Wallet service at I/O, may pay carriers more

Google hopes to unveil a new mobile payments service at its I/O developer conference at the end of May, according to a Wall Street Journal article.

Samsung acquires LoopPay, plans to integrate mobile payment technology into future devices

Samsung Electronics acquired mobile payment company LoopPay and said it will integrate the Boston-based startup's technology into future devices. Samsung is widely expected to announce the next iteration of its flagship Galaxy Android smartphone, likely the S6, at the upcoming Mobile World Congress trade show, and that device may well be the first to integrate LoopPay's technology.

Cook: Apple doesn't need to make a cheap iPhone to be successful

Apple CEO Tim Cook said the company's blockbuster holiday quarter proved that the company did not need to make a cheaper iPhone in order to continue to grow its smartphone business. He reiterated that Apple will not make a less expensive iPhone for the sake of making one, and will continue to focus on making great products.

Report: Softcard up for sale, Google, PayPal among those interested in buying

Google is interested in buying mobile payments company Softcard, according to multiple reports, in a deal that would bring Google into closer alignment with wireless carriers and that would consolidate the payments market just as Apple Pay is getting off the ground.

Softcard axes 60 jobs in restructuring amid mobile payments ferment

Softcard, the mobile payments company backed by Verizon Wireless, AT&T Mobility and T-Mobile US, has cut 60 employees amid a restructuring. While Softcard insists the layoffs won't affect its pursuit of the mobile payments space, the layoffs are an indication that the mobile payment market remains in flux, especially amid the introduction of Apple Pay and other competing offerings.

Danish operators sell Paii mobile payments company to bank-owned rival Swipp

TDC, Telenor, Telia and Three Denmark have sold their mobile payments venture Paii to a rival company owned by banks, conceding that payment activities are perhaps more suited to financial institutions than telecoms service providers.

MCX: Exclusivity agreement on CurrentC that bars Apple Pay to expire in 'months, not years'

Merchant Customer Exchange CEO Dekkers Davidson said that the exclusive arrangement that bars MCX merchants from using Apple Pay will expire in "months, not years."