Best Buy and Discover just moved into Apple Pay’s camp. Could these wins for Apple Pay mean that Cupertino is emerging as the winner in mobile payments and that more players, particularly major merchants, will inevitably follow? Not necessarily, but that doesn’t mean they’re not big deals. The addition of DiscoverRead More
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News broke last week that Softcard, formerly known as Isis, may have a suitor in mobile wallet competitor Google. What would be the price tag, considering the hundreds of millions — perhaps even billions — of dollars telcos poured into Isis/Softcard over the past five years? Try $50 to $100Read More
Apple may be catching all of the headlines with its rumored interest in mobile payments, but some industry watchers think another tech giant may be better positioned in the mobile payments industry: Amazon. IDC’s James Wester writes that Amazon — with its rumored handset, highly customized version of Android OS,Read More
Payments processor Square announced Friday that it will discontinue its monthly flat-rate pricing option in February 2014 and move all its customers to a 2.75%-per-swipe fee. This appears to be part of a strategy to bring larger merchants into the service. It’s actually 2.75% but less for higher volume merchants — more onRead More
Financial institutions own the customer’s primary relationship with his money, so patience and persistence should win them the mobile wallet wars, right? Maybe. In a panel discussion on mobile payment trends at a recent event in the Carlisle & Gallagher Insight Series, attention was called to the carriers, who controlRead More