Facebook Launches Payments System For Messenger App Users

Facebook Launches Payments System For Messenger App Users

Facebook is dipping its toe into the pool of mobile payments, announcing this week that it’s launching a system that will allow users of its mobile Messenger app to send money to friends. [More]

Starbucks Mobile Ordering Expands To Washington And Idaho

Starbucks Mobile Ordering Expands To Washington And Idaho

If you’re dreaming of the day that you can order and pay for your Starbucks beverage with no human interaction whatsoever, you’re apparently not alone. Customers have been asking for the ability to order in advance from the mobile app for as long as Starbucks has had a mobile payment app, and the test is expanding from just one city to two states. Starbucks says that it should go national later this year. [More]

(Mike Mozart)

Burger King, PayPal Join Forces So Consumers Can Buy Whoppers With A Touch Of Their Phones

Consumers partial to using PayPal for purchases can soon take the payment system offline to buy breakfast, lunch, or dinner at Burger King. [More]

(shivpics)

Starbucks To Add Tipping Function To Mobile Payment App

One of the knocks against Starbucks’ mobile payment app is that it doesn’t have a way for the customer to add a tip if they want to. But the coffee colossus has apparently realized the error of its ways and is working on a way to allow for tipping. [More]

Banks Working On Linking Up Their Payment Systems To Make Person-To-Person Mobile Transfers Easier

Banks Working On Linking Up Their Payment Systems To Make Person-To-Person Mobile Transfers Easier

The way younger generations are glued to their smartphones, there’s almost nothing they can’t do with the swipe of a touch screen. Old-fashioned things like writing checks or even paying a roommate with cash is such a bother to some, but yet transferring money to other people with apps hasn’t really caught on like the banking industry figured it would. That’s why the nation’s big four are discussing how they can link up their payment systems to make it easier for consumers to send money via mobile devices or even emails. [More]

Starbucks Hooks Up With Square & Hands Over $25 Million In Mobile Payment Deal

Starbucks Hooks Up With Square & Hands Over $25 Million In Mobile Payment Deal

Starbucks and Square are totally hooking up and aren’t afraid to let everyone know about it. The sprawling, ubiquitous coffee chain says it’s going to invest $25 million in Square as part of the deal, which will also have Square processing the retailer’s debit and credit card purchases. [More]

Are Mobile Payments Going To Be Bigger Than Cash Or Credit By 2020?

Are Mobile Payments Going To Be Bigger Than Cash Or Credit By 2020?

There’s no doubt that mobile payments are on the rise. But do they have the momentum and provide enough benefits to give cash and credit cards a run for their money by 2020? Yes they do, says a new survey of technology experts and stakeholders by the Pew Internet & American Life Project released today. [More]

Think Your Mobile Payments Are Protected? Depends On Your Carrier

Think Your Mobile Payments Are Protected? Depends On Your Carrier

Just about any new cellphone or tablet allows the user to make digital purchases that are subsequently charged to their wireless account. And while the four major wireless providers — AT&T, Verizon, Sprint, and T-Mobile — claim to provide ample protections for customers, our pals at Consumers Union have found that users may not be getting fewer protections than they would for purchases made using a credit or debit card. [More]

Would You Use Your Webcam To Pay By Credit Card?

Would You Use Your Webcam To Pay By Credit Card?

We’re going to assume that most of you have made some sort of credit card purchase via an online vendor. We’re also going to assume that most of you did so by typing in your credit card number. But new technology is on the horizon that will let users pay by simply holding up your credit card to your webcam. [More]