Tag: mobile payments
The $144,146,165 Button
Just think, one button that increased New York City cab revenues by $144,146,165…per year! This is an unintended benefit of emerging payment technology i.e., in this case, mobile card payment acceptance. Read the full story and the calculation via The $144,146,165 Button. Contrast this to my London experience today, “Sorry cash only. Credit card machine not working.” I wonder how many London taxi…
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Seven key mobile point of sale providers
Following the launch of Square in May 2010, the mobile PoS solutions market has turned into a highly competitive battleground with European and North American providers jostling for a piece of the action. In this article PaymentEye provides an overview of the different players and their solutions, to clarify what each providers offer and what sets them…
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Square now offers flat fee structure for small businesses
Instead of charging merchants for each transaction, mobile payment startup Square is now offering something that seems to defy conventional wisdom: a flat monthly fee to merchants who see $250,000 or less in sales per year. Those merchants instead of paying 2.75 percent per transaction can opt to pay Square $275 per month for any…
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PayPal, McDonald’s talk mobile payment
McDonald’s, the world’s biggest hamburger chain, is testing a mobile payment service featuring PayPal at 30 of its restaurants in France. Earlier this year, McDonald’s ran demonstrations of a broader PayPal mobile payment service at its franchisee conference in Orlando, Fla. via PayPal, McDonald’s talk mobile payment | The Columbus Dispatch.
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The Apple iPhone and NFC
I’ve been talking a fair bit this week about some of the commercial and consumer challenges regarding mobile payments and NFC. I even had one crazy conversation with a lady that felt that a YouGov survey on the subject was flawed as it disagreed with her opinion. The reality is that NFC is not going…
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