Groupon is throwing its hat in the mobile payments ring, announcing today its launch of Groupon Payments — a service that will allow merchants to process credit card payments from customers using an iPhone or iPod Touch.
McDonald's is testing PayPal's mobile payment services in France, in a move that could see Paypal as the mobile payment platform of choice at one of the world's largest fast food chains.
More than four months after its unveiling, PayPal Here is now "generally available" within the US and Hong Kong. That's according to PayPal president David Marcus, who announced a smattering of of rosy figures and projections today as part of eBay's Q2 2012 earnings report.
Square has launched a digital loyalty card feature for its payment platform that allows merchants to reward returning customers with special offers, The New York Times reports.
Square has announced that it is hiring its first Chief Financial Officer, Sarah Friar, and that it now processes $6 billion in payments annually.
Barnes & Noble's President of Digital Devices tells us the E Ink Nooks traditionally have a surge in sales just before beach weather and around Mother's / Father's Day.
Nokia's Times Square event in New York for the launch of the Lumia 900 has begun and the surprise musical guest is none Nicki Minaj. It looks like there's quite a large crowd there, possibly bigger than Nokia's London event for the Lumia 800. You can see a live feed of the concert at EarthCam right now, but we can't vouch for the sound quality (at all).
Square has updated its credit card reading dongle to include hardware encryption circuitry. Previously, the dongle sent unencrypted credit card information to iOS or Android devices that could be read by other apps.
PayPal's VP of products for North America, Alyssa Cutright, is moving to competitor Square as VP of International. While Square is only available in the USA, it is planning an international expansion.