Square CEO Says Company Will Accept All Forms Of Payment, Even Apple Pay

Square CEO Says Company Will Accept All Forms Of Payment, Even Apple Pay

While Walmart and other major retailers are deliberately holding off on accepting Apple Pay because they are developing a competing mobile payment system, there are plenty of small businesses who want to offer Apple Pay but don’t want to invest too much in the equipment required to accept it. The folks at Square, which turns your smartphone into a card reader, hope to remove that roadblock early next year when they start enabling clients to accept Apple Pay. [More]

Mobile Wallets Failing To Tear Consumers From Their Cold, Hard Cash – And Credit Cards

Mobile Wallets Failing To Tear Consumers From Their Cold, Hard Cash – And Credit Cards

Nothing beats good old paper money and credit cards. That seems to be the consensus among most Americans when it comes to preferred ways to pay for goods and services. The impending explosion of mobile wallet use has once again taken a back seat to traditional payment methods. [More]

Walmart, Target, 7-Eleven & Other Retailers Form New Mobile Payment System Alliance

Walmart, Target, 7-Eleven & Other Retailers Form New Mobile Payment System Alliance

These days, if you can’t use your phone to do something, it’s almost like, why do it at all? You should at least be able to buy a microwaveable burrito, if not a flat screen TV, with a magic wave of your smartphone. Big retailers like 7-Eleven, Walmart and Target are teaming up to  create a new mobile payment network so you can buy almost anything your heart desires. [More]