Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Square raised a total of $590 million at a $6 billion valuation. Is it the next Groupon?

Square raised a total of $590 million at a $6 billion valuation. Is it the next Groupon? | Payments 2.0 | Scoop.it
Square is a merchant services aggregator and mobile payment company that aims to simplify commerce through technology.

 

Square just raised $150 million from the Government of Singapore Investment Corporation

 

see also the NYT http://bits.blogs.nytimes.com/2014/10/05/square-raises-150-million-at-a-6-billion-valuation/?_php=true&_type=blogs&_r=0

Therese Torris's insight:

Square is having a tough time. It is said to be "pivoting" towards merchant services at large. It is also operating various relatively unrelated eCommerce businesses while it working on an EMV compatible mobile payment reader 

 

 

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Smart Card Alliance forms US EMV migration forum

To join the payments ecosystem together as the United States moves to a new way to pay with EMV chip cards, the Smart Card Alliance today announced ...

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EMV in the US: Seismic Shifts for Chip-card and NFC In-store Payment Handling - RSR Research

The announcement covered both EMV “chip” cards and NFC “contactless” payment authorization with smart phones. In its announcement, the ...
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Emerging Payments: Understanding and Leveraging the Opportunities (Podcast and Presentation) | Discover | NAFCU

Emerging Payments: Understanding and Leveraging the Opportunities (Podcast and Presentation) | Discover | NAFCU | Payments 2.0 | Scoop.it

A March 2012 presentation about EMV Mobile payments prepared by Discover for Credit Unions

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Visa tops one million US chip cards

Visa tops one million US chip cards | Payments 2.0 | Scoop.it
Visa (NYSE:V) today announced that U.S. financial institutions have reported issuing an estimated one million Visa-branded, EMV chip-enabled cards as ...
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EMV Migration Pushes More Merchants to Mobile

EMV Migration Pushes More Merchants to Mobile | Payments 2.0 | Scoop.it
Everyone is entitled to an opinion about payments. Explore cloud yes, but avoiding EMV in the US is shortsighted. http://t.co/PnpJGmKdeF
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Mobile card reader iZettle Releases PCI compliant API for Chip-Card Payment Solution

Mobile card reader iZettle Releases PCI compliant API for Chip-Card Payment Solution | Payments 2.0 | Scoop.it

[...] The company’s solution is EMV (Europay, MasterCard and Visa) approved, and compliant with the Payment Card Industry Data Security Standard (PCI-DSS).

With more than 50,000 users today, iZettle has increased the number of point of sale (POS) card acceptance terminals in the Nordics by 10 percent since it began operation in Sweden in August 2011 and began expansion to Denmark, Finland and Norway earlier this year.

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Mobile Payments: 3 top catalysts for the US market - by Arijan Schutte for Forbes

Mobile Payments: 3 top catalysts for the US market - by Arijan Schutte for Forbes | Payments 2.0 | Scoop.it

[...]are we likely stuck in an infinite loop where mobile will ultimately go the way of smart cards in the US (always exciting, but never realized)? Here are my three top catalysts for making mobile payments big-time:

- Remote deposit capture. [...]

- Bill payment. [...]

- EMV enforcement.[...]

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To Reach NFC Contactless Payments, Follow the EMV Roadmap ...

To Reach NFC Contactless Payments, Follow the EMV Roadmap ... | Payments 2.0 | Scoop.it
VDC has been actively communicating why we believe non-payment NFC applications, such as smart marketing, loyalty and couponing will drive merchants' NFC adoption and that contactless payments will follow.
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MasterCard Says US EMV Adoption is Key to Next-Gen Payments - Banktech

MasterCard Says US EMV Adoption is Key to Next-Gen Payments - Banktech | Payments 2.0 | Scoop.it
Business InsiderMasterCard Says US EMV Adoption is Key to Next-Gen PaymentsBanktech"We have partnered with Intel to make the e-commerce shopping experience more secure and painless," he says.
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