PayNearMe Offers Mobile Payments in Cash

Wednesday, April 25th, 2012
Want to buy stuff online, but insist on not using a credit card or applying for a bank account? Worry no more! PayNearMe offers a mobile version of its alternative payment system that lets you pay cold hard cash for goods and services being sold online. So how does it work? First, check if the online store provides a “pay with cash” option (like for your long-distance bus rides). Then,

Square Now Processing US$2 Billion Payments Yearly

Wednesday, October 12th, 2011
It is now very clear that mobile payments have a very promising future. As more and more people finally able to put their trust in mobile payment systems, this once novel idea would be enjoying incredible growth in the coming years, even in just a matter of months. A case in point- mobile payments company Square has been reported to process around US$2 billion transactions a year. Square is a mobile payments syste

Google Wallet Gets Visa And MasterCard Into Its Fold

Tuesday, September 20th, 2011
With NFC payments systems being hailed as the future means of paying for items, the technology has certainly grown and showing such promise. It is a technology that allows mobile phone users to conveniently use their mobile phones embedded with NFC chips to purchase and pay for items and goods. Its bright future may be the reason that Google has made itself as one of its players with the introduction of the Google

Square Raises $100 Million Funding

Wednesday, June 29th, 2011
Interest in tech companies among investors have picked up quite recently. News about recent IPO’s of companies like LinkedIn have gathered a lot of interest among the investing public. But it may not only be through going public that tech companies may be catching interest. They also seem to get the eye of more established investors willing to put their money on them. With this surge of interest, it is no wo

Google Unveils Google Wallet and Google Offers

Friday, May 27th, 2011
Google’s plans of trying to veer away from online search and advertising as its primary business may be slowly coming into fruition. Aside from its foray into the mobile industry as well as cloud services, Google is also entering into the realm of ecommerce, if it hasn’t yet done so. The company recently has unveiled the new Google Wallet and Google Offers. Google Wallet is a mobile payment system that

Google Takes a Step for Mobile Payment Dominance

Tuesday, March 29th, 2011
A report published in Wall Street Journal stated that Google is said to be teaming up with Mastercard and Citigroup to develop a mobile payment technology embedded in Android mobile devices. This would allow consumers to make purchases by simply waving their phones in front of a small reader at the checkout counter. The move is a bullish attempt to gain dominance in the mobile payments realm, a technology being a