Paying someone for a business transaction of one form or another is an act that predates all modern technology. From ancient civilizations to today, everybody has had to make payments at some point. However, there is a vast difference in […]
MasterCard has recently launched a new global personal payment service called MasterCard Send that will allow businesses, governments, merchants, and non-profits to transfer funds, in real-time, to consumers located overseas or domestically. This new service is MasterCard’s effort to digitize
Those who believe Facebook has reached its innovative peak might have to reconsider after what the social media giant revealed on Tuesday. Facebook added an “outside-the-box” feature to its messenger app—a peer-to-peer payment system integrated into the Facebook Messenger app.
Google announced in February its decision to purchase the supporting technology behind the Softcard mobile payment app from its joint owners—Verizon, AT&T and T-Mobile. The deal closed at the end of February thereby shutting down Softcard’s operations. As of March
CVS and Rite Aid made headlines for actively blocking Apple Pay transactions. Many retailers don’t have the necessary point-of-sale systems in place to process a wireless mobile payment using Apple Pay, and that is understandable. Hopefully they’ll upgrade eventually. CVS
“Sure. You can trust us with your sensitive personal information and bank account details.” That is what MCX (Merchants Customer Exchange)–a coalition of retailers that have joined forces to launch a mobile payment system–want you to believe. There are two