mobile payments

4 Reasons the Mobile Wallet Revolution Isn't Going Anywhere

Read the tech news these days, and you could be forgiven for thinking that folding cash and credit cards will soon be extinct, replaced by digital wallets in our smartphones. But the reality hasn't lived up to the hype, and a growing chorus of experts say it probably never will.

What the iPhone 5 Won't Be: Your Wave-to-Pay Mobile Wallet

Apple's iPhone 5 added many new features, but one highly-anticipated improvement was left out: the near-field communications chip that would allow you to make purchases with a wave of the smartphone, using your built-in mobile wallet.

Moving to Mobile Payment: Put the Right App in Your Digital Wallet

Lately, it seems like you can't go a week without hearing about how some new mobile payment platform is poised to revolutionize how you spend money: Apps like Square, PayPal's Zong and Google Wallet, to name just a few. We run done the options so you can pick the right for you.

Your Smartphone as Your Wallet: 3 Companies That Will Cash In

The smartphone revolution is well under way, and its latest advances could eventually let it replace your wallet. But the adoption of these new technologies can do more than reshape how you pay for purchases -- it can also pay off for your portfolio.

Why Smartphone Banking Is Safer Than Using Your PC

It's easy to feel like accessing your bank accounts via a smartphone must be risky. It could be stolen! Or hacked! But IT security experts say mobile banking is actually more secure than online banking from your computer.

App Makes Money Between Friends Issues Less Painful, More Social

When money and friendship mix, the results can get awkward: You front a friend some cash, and then what? Venmo, an app that helps you exchange money through mobile devices, is designed to remove that awkwardness and replace it with something social, and even fun.

A New Deal: Could PayPal Out-Coupon Groupon?

There's a new daily deals player, and it's a company that's near and dear to your virtual pocketbook. And if you think the online coupons sector is too saturated for a fresh entry to make a dent, you're ignoring a few important things about PayPal.

Visa Will See a Big Boost From Mobile Transaction Growth

The volume of card purchases made on Visa branded products globally has risen from around $2.1 trillion in 2006 to $3.1 trillion in 2010, and with strong first-quarter earnings, further growth in payment volume, and a strong foothold in the mobile transaction business, Trefis expects healthy growth ahead.

Will Google Turn Android Phones into Credit Cards?

Many major companies are hoping that consumers will use their smartphones as a credit or debit card, and Google may be preparing to join in with its Android phones. But is the trend, which has grown popular in Japan, finally ready to take off in the U.S.?

Starbucks Rolls Out Smartphone Payment System

Starbucks (SBUX) today announced that customers in U.S. stores will be able to pay for purchases using their smartphones. Customers will be able to make purchases by downloading the Starbucks Card Mobile App to their phone and scanning an on-screen barcode at a scanning device in the store, Starbucks said today.

Square Gets Valued at $200 Million: Is It the Next PayPal?

Square makes it much easier for even the smallest retailers to accept credit cards: The mobile payment firm offers easy to use hardware that plugs right into iPhones or Androids. But at least part of its new high price tag probably derives from the fact that its founder, Jack Dorsey, also co-founded Twitter.