Mobility & Financ...
Follow
Find tag "Square"
2.0K views | +0 today
Mobility & Financial Services
Mobile financial services news and trends
Curated by Katia Hilal
Your new post is loading...
Your new post is loading...
Scooped by Katia Hilal
Scoop.it!

Groupon rivals Square with new iPad register :: Groupon rivals Square with new iPad register - PaymentEye

Groupon rivals Square with new iPad register :: Groupon rivals Square with new iPad register - PaymentEye | Mobility & Financial Services | Scoop.it

Groupon is rolling out its own payments processing software, Breadcrumb, to restaurant partners in the US as the firm continues its push beyond daily deals. The POS software enables restaurants to manage orders and process payments via an iPad app, and is being trialled with 100 partners, StrategyEye reports. Breadcrumb is the product of Groupon’s purchase of a startup in May, marking the firm’s continued attempts at expansion after its poor post-IPO performance

more...
No comment yet.
Scooped by Katia Hilal
Scoop.it!

PayPal restructures to focus on mobile - PaymentEye

PayPal restructures to focus on mobile - PaymentEye | Mobility & Financial Services | Scoop.it

PayPal is reorganising its business around mobile, merging several product groups and promoting execs to head up the new divisions. The firm's new president, David Marcus, is attempting to unify PayPal's services in a bid to shed "unneeded complexity" and, more importantly, keep merchants and consumers onside. The reshuffle also marks PayPal's ongoing focus on mobile as it attempts to keep up with younger competitors such as Square in the burgeoning mobile payments space. "Mobile is simpler by definition. Starting product designs from mobile will force the elimination of features introducing unneeded complexity," writes Marcus in a company post. As part of the restructure, the online, offline and mobile payments groups will merge into a single mobile group led by global head of product Hill Furguson. The firm will also merge its Americas regional organisation with its global financial services group, with the merged group led by former BillMeLater CEO Gary Marino.

more...
No comment yet.
Rescooped by Katia Hilal from cross pond high tech
Scoop.it!

Square raises $200M, Plans to Go Global

Square raises $200M, Plans to Go Global | Mobility & Financial Services | Scoop.it

Square, the fastest-growing mobile payments company in the U.S., has just closed its latest financing round, the start-up told in a short announcement on its website. No details are provided, but according to various sources the company has raised $200 million at a $3.25 billion valuation. By comparison, in its previous funding round last year, Square had raised $100 million at a valuation of $1.6 billion. Since then, the company’s processing volume has grown exponentially and its staff has more than doubled.


Via Philippe J DEWOST
more...
No comment yet.