Tag Archives: DigitalWallet

Uber will pay drivers and couriers after every trip

Posted on by
Uber is making a bigger push into payments and financial services by setting up a division called Uber Money. Among the initiatives Uber has in store is paying its more than 4 million drivers and couriers after each ride. It plans to do so through it...

Clever SIM sticker makes no-signal mobile payments possible

Posted on by
Mobile wallets aren't just for getting in and out of Starbucks that bit quicker. In several parts of the world, many people rely solely on mobile wallets for all their financial needs. These are particularly prevalent in Kenya, for example, where 58...

China UnionPay and Intel join forces for secure mobile payment

Posted on by

UnionPay and Intel join forces for secure mobile payment

At IDF's second-day keynote in Beijing today, Intel announced its collaboration with bank card giant China UnionPay for secure mobile payment, with the latter utilizing Intel's Identity Protection Technology and also its distribution of the Hadoop software framework for datacenters. With UnionPay being China's top bank card organization boasting a total of 3.5 billion cards to date, this is obviously a big deal for Intel both locally and around the world -- at least in the 141 countries and regions where UnionPay is accepted, according to Executive Vice President Chai Hongfeng.

Chai also used his stage time to show off UnionPay Quick Pass, China's very own NFC payment service with over 1.1 million local POS terminals as of December 2012. The exec used none other than Intel's developer device to buy its Corporate Vice President Doug Fisher a can of "Mountain Doug" (we would've preferred "Chai Tea" instead), but of course, HTC beat Intel to it with the joint launch of mobile Quick Pass back in August 2011. Anyhow, there's a press release after the break.

Filed under: , , ,

Comments

Visa’s V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

Posted on by

Visa's V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

After roughly a year since its unveiling, Visa's digital payment platform V.me has emerged from beta with support from a total of 53 banks, including PNC and U.S. Bank, and 23 retailers. If V.me has escaped your memory thanks to the proliferation of electronic payment options, you'd be forgiven. For those in need of a refresher, the service lets users check out at participating online stores using a one-click solution that remembers credit card details from multiple providers (American Express, Discover, MasterCard and Visa) in addition to billing and mailing addresses. Visa's Global Head of eCommerce, Jennifer Schulz, told TechCrunch that the firm is planning on making mobile apps and bringing the service to checkout terminals next year. How does the company plan on standing out from the sea of options? Visa's banking on its brand-name and ability to spread the service far and wide. If V.me has piqued your interest, leap past the break to catch the full list of supported banks and retailers.

[Image credit: Philip Taylor, Flickr]

Continue reading Visa's V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

Filed under: , ,

Visa's V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board originally appeared on Engadget on Wed, 14 Nov 2012 05:57:00 EDT. Please see our terms for use of feeds.

Permalink TechCrunch  |  sourceVisa  | Email this | Comments

iCache Geode digital wallet hands-on (video)

Posted on by

Image

The iCache Geode was easily the most impressive use of technology that we saw during CTIA 2012. It's the epitome of how a fantastic tech idea can be translated to real world use in a very classy and clever way. At its heart it is extremely simple: take all your existing credit, debit, and loyalty cards, save them in a secure way and be able to use any of them without actually having the original cards handy. The system is comprised of a housing for the iPhone coupled with an app, an E Ink display on the rear, a fingerprint scanner, the GeoCard, and a magnetic stripe reader that is capable of quickly reading in your card details and saving them. Using the Geode is a two-step process, scan all your cards into the device with an included scanner attachment, then using the iPhone app select your method of payment and the GeoCard in the housing is instantly programmed. Pop the card out, tap it on a solid surface to activate it and spend your money. Loyalty cards are equally easy to use: select one of them in the app and its barcode is written to the E Ink display on the Geode's rear surface.

Of course iCache has considered the security implications and has addressed them a few different ways. The iPhone doesn't store any of your card details as they're kept in the housing itself, on launch the app does a hardware check to be sure nothing's been tampered with, asks for a fingerprint scan, and the card programming only lasts for a user-defined period of time after you've tapped it on the table. Click on through for a video demo of the whole ride.

Gallery: iCache Geode digital wallet hands-on (video)

Terrence O'Brien contributed to this report.

Continue reading iCache Geode digital wallet hands-on (video)

iCache Geode digital wallet hands-on (video) originally appeared on Engadget on Thu, 10 May 2012 13:22:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

MasterCard introduces PayPass Wallet Services, Online and API at CTIA 2012

Posted on by

MasterCard introduces PayPass Wallet Services, Online and API at CTIA 2012

MasterCard's PayPass is certainly one of the bigger players in the contactless payment scene. But, simply putting a few thousand branded payment terminals in stores across the nation isn't enough. The next step is expanding that empire, not only in terms of locations and handsets, but by turning the phone into just an accessory in a larger ecosystem. PayPass Wallet Services is a new umbrella product that includes an online payment system, a branded service and an API that allows developers to integrate PayPass into their own proprietary offerings. Simply put, PayPass is no longer a product, but a platform. The service remembers not only credit cards, but shipping addresses and other identifying info that streamlines the shopping process, while the API means that others can build value added offerings around PayPass. There's even a dedicated Android app.

The company is hoping to have the system ready for a broad roll out by the third quarter of the year. When that time comes, a pile of partners have pledged to support it in various ways. The names on that list should ring at least a few bells: Intel, Barnes & Noble, Newegg, MLB and American Airlines. It all seems pretty impressive (though, we'll reserve judgement till we get to try it out). Your move, Google.

Zachary Lutz contributed to this report

Gallery: MasterCard PayPass Wallet Services

Continue reading MasterCard introduces PayPass Wallet Services, Online and API at CTIA 2012

MasterCard introduces PayPass Wallet Services, Online and API at CTIA 2012 originally appeared on Engadget on Mon, 07 May 2012 18:29:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments