Post Tagged with: "NFC"

Meet Pavlok, Wearable Payments Newcomer

Meet Pavlok, Wearable Payments Newcomer

by June 1, 2016 at 4:32 pm 2 comments

Did you catch the season finale of Shark Tank last week? Yikes.. For those who didn’t: the product pitched in the above episode, Pavlok, is a wearable device that uses zaps, taps, beeps and vibrations to train the human mind out of bad habits, such as smoking, nail biting orRead More

This Guy Just Implanted a Payments Chip in His Hand, Literally [VIDEO]

This Guy Just Implanted a Payments Chip in His Hand, Literally [VIDEO]

by May 25, 2016 at 5:11 pm 11 comments

Your next wallet may be your hand. Unless you’ve been on a Buzzfeed-less streak in the past few days, you’ve probably heard of a Buzzfeed news reporter’s mission to spend a month without a wallet — a journey that led him to implant an NFC-enabled chip inside his own hand. Tech reporter Charlie WarzelRead More

Why Apple Will Take Over Payments, Part II

Why Apple Will Take Over Payments, Part II

by March 10, 2016 at 11:59 am 2 comments

Apple launched Apple Pay on Sept. 9, 2014. It became available on Oct. 20 of that year. As the two-year mark approaches for Apple Pay, the contracts written with financial institutions back then will start to expire. And with it the 15 basis points Apple gets for including the banks’ cards in theirRead More

The new Swatch Bellamy

Swatch Jumps Into Wearables Payments [DEMO]

by October 14, 2015 at 11:33 am 0 comments

Swatch, the world’s largest watchmaker by marketshare, introduced — in China, mind you — a payments-focused wristwatch today. The new Swatch Bellamy offers a shot in the arm to wearables payments. Swatch is, after all, the poster child for mass market watches with 18% marketshare. If this watch can contain payments functionality,Read More

Visa Europe Hits 1.1 Billion of Contactless Transactions

Visa Europe Hits 1.1 Billion of Contactless Transactions

by September 10, 2015 at 11:14 am 0 comments

Visa Europe has “just reached” 1.1 billion contactless transactions on the Continent in the past 12 months, the payments network disclosed today. Visa Europe made the revelation as it announced that it was chosen to provide contactless payments to Carrefour in Belgium. Carrefour is one of the major supermarket chains inRead More

Coin 2.0 Lacking [VIDEO]

Coin 2.0 Lacking [VIDEO]

by August 28, 2015 at 10:39 am 1 comment

Coin, the card aggregation device, introduced its version 2.0 device with NFC capabilities a couple of days ago, and it is, well, lacking. Below is a demo of the device. Coin 2.0 reportedly started shipping on August 26 “to all backers.” The company originally said it would start 2.0 shipments last April. The upgradeRead More

Square's new card reader

Chip & Sig is Unsafe. Chip & Location Isn’t.

by June 12, 2015 at 11:37 am 0 comments

The EMV train is rolling around the bend — is anyone ready? EMV cards — the initialism stands for Europay MasterCard Visa — are more commonly known as chip cards, or smart cards. They are dipped rather than swiped, employ single-use codes to make transactions safer, and take much longer to process withRead More

Fastacash Deal Will Let Visa Power Payments on Facebook

Fastacash Deal Will Let Visa Power Payments on Facebook

by February 27, 2015 at 10:35 am 1 comment

It seems Visa will soon make it very easy to pay people on Facebook. Earlier this week Visa Europe announced a partnership with Singapore-based Fastacash, a social payments service. Most of the announcement focused on the rebranding of Visa Europe’s peer-to-peer payment service from Visa Personal Payments to Visa Direct,Read More

Moven Gives Bank Innovation an Exclusive Look at Its Bet on Wearables

Moven Gives Bank Innovation an Exclusive Look at Its Bet on Wearables

by January 13, 2015 at 10:12 am 3 comments

The bank account in your pocket can now be a bank account on your wrist. Bank Innovation got a sneak peak at the newest “watch bank,” developed by Moven, during a recent visit to the startup’s New York offices. And we were impressed. According to a recent survey of 170,000 internet users fromRead More

ShopKeep's NFC reader, which is being given to merchants for free

Will NFC Keep Square from Profitability?

by December 16, 2014 at 10:34 am 1 comment

Yes, Square has finally gotten NFC religion. Jack Dorsey, Square’s founder, disclosed in an interview with The New York Times a few days ago that, indeed, Square will unveil NFC functionality, although he offered no release date. Dorsey said only that, “We have committed to making sure our sellers areRead More