Square’s decision to eliminate its flat monthly fee for merchants could see the company lose business to competitors such as Intuit, LevelUp and Groupon that still have competitive fee structures.
Articles Tagged ‘Drew Sievers’
Visa is asking account holders to post their football fantasies on Twitter or Instagram for a chance of having their dreams fulfilled.
Google recently sent out an email to Google Wallet users informing them that the service will be removing gift and loyalty cards from the mobile application on Aug. 21. This move may be harmful for the slow consumer adoption of Google Wallet.
The Isis mobile wallet will roll out nationwide later this year and will even make its way onto the iPhone, via a case with an embedded NFC chip. However, whether the necessary infrastructure is in place for wide-scale adoption is still a question.
While Visa and MasterCard have not played a major role in mobile payments to date, they are betting big that the next generation of mobile payments from banks will leverage the networks’ platforms.
Pedicab drivers are allegedly using the mobile payment application Square to rip off passengers, which could hurt consumer adoption of the technology.
Mobile payments are not growing as quickly as previously expected, especially payments enabled by near-field communication technology, with the forecasted volume down more than 40 percent, according to a new report from Gartner.
Seamless and GrubHub have signed a definitive agreement to merge as the two companies look to build an organization with enhanced financial strength that can better scale in the rapidly growing food-ordering industry.
With Google Wallet’s head having recently left the company and speculation rampant that a rumored plastic Google Wallet card has been canceled, new questions are arising about just how well the search giant’s foray into mobile payments is faring.
As devices and network speeds improve and more brands take on a mobile-first approach, mcommerce will continue to accelerate and build momentum in 2013.