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Payment Technology

Wocket stores electronic versions of your cards, that only you can access

No one wants their credit or debit cards, or even their NFC-enabled smartphone falling into the wrong hands. While there are already various security measures in development, NXT-ID's Wocket is one of the latest. Described as a "smart wallet," it's designed to securely store electronic versions of your various cards, plus it features a swipe-able physical card that can be programmed for single uses.  Read More

Loop is a new mobile payments system

The ability to make payments with your smartphone using near-field communication (NFC) technology has been touted for some time as a means of providing greater convenience and security. In order for that to happen, however, both the user and the retailer must have NFC-enabled devices. Mobile payments business Loop has circumvented this requirement by using technology that is already built into the vast majority of payment terminals.  Read More

The PayTouch system allows users to make purchases using their fingerprints in place of a ...

If you went into a store without any cash, cards or mobile devices, would you be able to buy anything? Well, if both you and the store were using the new PayTouch service, the answer would be yes – all that you’d need to do is place two of your fingers on the fingerprint scanners of the PayTouch terminal.  Read More

The PayTango fingerprint-based identification and payment system

The uniqueness of a fingerprint has helped keep thumb drive files, computer systems and wallet contents safe from intruders for a good while now. Now, a team from Carnegie Mellon is breaking fingerprint recognition technology into new ground with the development of a secure payment system named PayTango, that uses a fingerprint scanner to identify shoppers and pay for items.  Read More

DipJar allows card-using customers at businesses such as coffee shops to leave tips with a...

Back in 2008, entrepreneur Ryder Kessler became aware of the fact that when making small purchases using debit or credit cards, a lot of people didn’t bother fishing out cash to leave tips. He proceeded to develop a possible solution to that problem, which is now being tried out in a few New York City coffee shops. It’s called DipJar, and it’s a device that lets customers quickly and easily leave tips with a “dip” of their card.  Read More

Designed with the retail and hospitality sectors in mind, the DLI 9000 Rugged Mobile Table...

As you might appreciate, I spend quite a chunk of my free time pacing the aisles of my local consumer electronics store. On my latest visit I was pleasantly surprised to see a sales assistant carrying a tablet computer around to advise customers on current stock levels, access detailed product information or to match the best online prices - but folks still had to head for the checkouts to pay. DLI's 9000 Rugged Mobile Tablet has been designed with the retail and hospitality sectors in mind and is available with a 5-in-1 mobile payment module that attaches to the back of the device to offer customers secure payment options at the point of sale.  Read More

VITAband is a bracelet for solo outdoor athletes, that provides a link to their emergency ...

There’s one thing that everyone should have on their person when they venture off on solo outdoor activities – their I.D. That way, should they end up injured and unable to communicate, first responders will know who they are, and who to contact. While the various cards kept in one’s wallet are a good form of identification, a lot of people don’t want to lug a bulky wallet around in their pocket while doing things like running or rock-climbing. That’s where the VITAband comes in. Not only does the waterproof bracelet provide a link to its wearer’s full Emergency Response Profile, but it also allows them to make cash-free purchases.  Read More

Google Wallet, an app that allows users to pay for items simply by tapping their smartphon...

Smartphones are in the process of replacing cameras, phonebooks, land lines and maps ... and wallets are next. First announced in May but just launched today, the Google Wallet free app allows its users to store electronic versions of their credit cards on their smartphone, and pay for items simply by tapping their phone on a near field communication (NFC) reader at a store’s front counter.  Read More

RevolutionCard

October 12, 2007 Online shopping has become a way of life for many consumers with 39 per cent of adults in the US reportedly making a monthly purchase online according to a study from icrossing. With the advancements in technology has come increased security risks and fees, opening up a market for new approaches to online financial transactions. One of the newest players in this field is Revolution Money - a company founded by the co-creator of the AOL Internet service, Steve Case, that claims to have developed a better way of managing money in cyberspace.  Read More

Hypercom's Optimum M4100 Blade

June 22, 2007 "Sorry, I've got no cash on me" is possibly one of the biggest barriers to sales for mobile businesses and charity groups. But that won't be an excuse for long - Hypercom has announced the immediate global release of a hand-held wireless card payment system that's very quick, extremely secure and much, much smaller and lighter than previous attempts. Tricked-out with extremely quick processing, a color screen and support for credit, debit, gift, loyalty and check transactions - including non-contact PayWave-style transactions - this unit will make business much smoother for mobile and delivery businesses across the world.  Read More

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