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Payments

Who says mobile payments need to involve a phone? Jawbone and American Express have partnered to bring mobile payment capabilities to the new Jawbone UP4 fitness tracker. With the device, American Express cardholders will be able to make purchases anywhere that accepts contactless payments, even if they don’t have their phone on them. Read More

Microsoft has quietly announced that its customers can now use bitcoin to purchase certain products through third party payment processor BitPay, which also supports tech sales site TigerDirect and Virgin’s space flight offshoot Virgin Galactic. Read More

Last year, Brazilian startup Kinetics unveiled its NearBytes technology, which has now found a commercial application in the form of the Edgepay point of sale (POS) terminal that allows card-free payments of goods and services using a mobile phone. Read More

The ever-expanding business uptake of bitcoin continues as more companies realize its increasing popularity amongst tech-savvy consumers. As a result, many progressive companies like Virgin Galactic, Overstock.com, and Atomic Mail have embraced the digital currency as a method of payment. Now Expedia.com has added its name to that list by announcing that it, too, will accept bitcoins for payment of hotel accommodation. Read More
Nine mobile network operators across 48 countries in Africa and the Middle East have joined forces on the GSM Association’s Mobile Money Interoperability (MMI) program. The program aims to develop standards and implement convenient and affordable financial services across the regions, where many citizens have limited access to traditional banking services. Read More
The value of a thing is what it will bring, or so says an old financial aphorism. It appears that the value of Bitcoins earlier in the month was such that 91.4 Bitcoins had the same value as a used Tesla Model S in Newport Beach, a quiet beach town midway between LA and San Diego in California. Read More
If you’ve ever owned an Xbox, you’re probably familiar with one of the most annoying payment systems known to humankind: Microsoft Points. They’re great for Microsoft’s bottom line, and nothing but a hassle for customers. Well, the folks at Redmond may finally be ready for change – as the dreaded points are reportedly on their way out. Yet, not far away – at that other Seattle-area tech company – Amazon just launched a similar payment scheme for its Kindle Fire ecosystem. Read More
iCache Inc has announced the release of the Geode, a secure digital wallet for the iPhone 4 and 4S, which the company states to be the first of its kind, worldwide. Available in several colors and simultaneously acting as a protective case for your iPhone, the Geode is a device which promises to store all your credit, debit and loyalty cards in one secure platform - turning an average trip to the grocery store into something which resembles a scene from a James Bond movie. Read More
It's not always convenient to take your wallet with you wherever you go. Times like a morning run or bike ride, it can be easier to leave your cash and ID at home. What happens if you're out on a run and want to stop for a cup of coffee? What if you have a medical emergency or become injured during your trip? RumbaTime's series of GO-enabled watches aim to solve those problems by letting you bring your cash and all your medical information along with you wherever you go in a small colorful watch. Read More
The ability to turn a smartphone into a portable credit card swiper makes sense for small business owners on the go, as well as anyone who happens to be out of cash. Like Square, the new ROAMpay device plugs in to the audio jack of your smartphone. Using the company's app, you get the same functions as using a traditional credit terminal and it's available on iPhone and Android. Read More
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