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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NZ POS start-up Vend secures $20m funding led by PayPal co-funder Peter Thiel

NZ POS start-up Vend secures $20m funding led by PayPal co-funder Peter Thiel | Payments 2.0 | Scoop.it
New Zealand-based online point-of-sale software vendor Vend has scored US$20 million in a funding round led by PayPal co-founder Peter Thiel's Valar Ventures and Square Peg Capital.
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Vantiv, Verizon team up for mobile payment service

Vantiv, Verizon team up for mobile payment service | Payments 2.0 | Scoop.it

Vantiv, a provider of payment strategies and technology for financial institutions and businesses worldwide, has entered a partnership with US mobile telecommunications network and wireless phone provider Verizon Wireless to conduct a...

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PayPal's showroom displays its vision for payments

PayPal's showroom displays its vision for payments | Payments 2.0 | Scoop.it

 

Summary: Interesting interview with PayPal's global director of communication  "PayPal doesn't see itself as providing a single solution. Its "mobile wallet" is really a collection of solutions aimed at making shopping easier for consumers whether they're at home, in a store or even just walking by a retail outlet they love."

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NRF 2012 Mobile Payments Panel Recap; [VIDEO] 5 Minutes with PayPal's Don Kingsborough | eBay Ink

NRF 2012 Mobile Payments Panel Recap; [VIDEO] 5 Minutes with PayPal's Don Kingsborough | eBay Ink | Payments 2.0 | Scoop.it

"Is the mass consumer ready for mobile payments in 2012?" All 4 panelists answered with one word. "Yes." #NRF12 #eBayatNRF"

 

"An overview of the NRF [National Retail Federation] 2012 Mobile Payments panel including a video interview with Don Kingsborough of PayPal."

 

My take: Interesting video interview with Don Kingsborough who argues that a consumer-centric view of mobile payments favors a device-independent cloud-based mobile payment solution ("all Paypal's mobile payment solution needs is access to the cloud")  as opposed to a solution based on equipping millions of POS terminals with Visa's PayWave or Mastercard's PayPass capability.

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