Tag archive: Visa

Mentioned in the Wall Street Journal today, online payment provider Paypal and home improvement chain Home Depot are teaming up to bring a pilot test program of in-store Paypal payments at select Home Depot locations. While PayPal's new point-of-sale system is only being rolled out at five Home Depot locations to start, the company hopes to expand the program over the coming months. By introducing a way to pay with Paypal while inside a… Read More

Financial institutions are falling over themselves to introduce mobile payment services, but so far the results have been a bit underwhelming in most of the world. The industry seems to be waiting for near-field communication (NFC) solutions to become reality outside Japan, fulfilling a science fiction-ish notion that mobile phone users will just wave their phones near secured payment points to authorize transactions. Although Google Wallet… Read More

Richard Branson has started over 300 companies, and has now invested some of his personal money in San Francisco start up Square. Square is a mobile payment company founded by Jack Dorsey who is also one of the founders of a little company called Twitter. When asked about the investment Branson said, “I’m very passionate about helping people start and grow successful businesses, and Square is an incredible technology that inspires and… Read More

Announced by the NFC Forum this week, near field communication technology got an upgrade in the form of device to device communication. Before this upgrade, the existing form of NFC utilizes an active device and a passive device, ideal for transactions like checking out in line at the grocery store. For instance, credit card information is stored on a smartphone and offered up to a store's checkout terminal when asked. The upgrade to the… Read More

If you're a runner, you've probably left the house many times before with nothing on you but a house key. This is true for plenty of other athletes who like to be in the outdoors without a bulky wallet or bag filled with stuff that they most likely won't use. But what happens if you get in an accident, injure yourself, or need money for something? These aren't fun 'what ifs' to think about, but they're… Read More

Google Wallet officially launched yesterday, which is great, but the real excitement is that Visa, American Express, and Discover have all jumped onboard and will soon be added to Google Wallet, explains the search giant. They aren't available yet, but Google plans to add their cards into the app in the near future. Once support for all the major credit cards is rolling, the big problem Google needs to solve is releasing more devices that… Read More

Titled Texas Takedown Thursday, the hacking group Anonymous released three gigabytes of personal data from various Texas law enforcement agencies. The majority of the departments that Anonymous hacked into were police departments in smaller Texas cities likely due to a reduced amount of security. Private information, such as social security numbers and cell phone numbers, were included in the data dump and the emails included correspondence… Read More

Wallets are ever closer to becoming a thing of the past: AT&T, Verizon and T-Mobile are planning on investing over $100 million into a joint system that will let users pay for goods with their smartphones. With support from Visa, MasterCard, Discover and American Express, the venture should help bring mobile wallets into the American mainstream. The carrier's investment will help the venture, called Isis, pull in more funding from… Read More

Credit card processor Visa has unveiled big plans to introduce mobile payment technologies to the United States market, announcing plans to roll out dual-mode chips in its credit card processing infrastructure that will support both Near-Field Communications (NFC) and Europay, MasterCard, and Visa (EMV) standard that has already seen strong adoption internationally. To encourage merchants and partners to adopt the technology, Visa also plans… Read More

Near field communication technology, more commonly known as NFC, has been available in locations throughout the globe for years. But just recently has the NFC mobile payment system, which allows users to pay for goods or services using a signal from their cell phone instead of a credit card or cash, started to become more widely available here in the United States. And it looks like we're going to have to wait quite a while longer before… Read More

Isis is in the business of mobile payments, and it has been working towards allowing users to use their cell phones instead of their credit card. The company first made mobile news when it partnered with AT&T, T-Mobile, and Verizon in November 2010. Today, Isis announced that in conjunction with its existing relationship with three of the four major cell providers, it has now teamed up with all of the major credit card companies. Visa,… Read More

For a few hours yesterday Icelandic hosting company DataCell was able to accept donations to WikiLeaks via the Web, and claims it was able to process thousands of donations to WikiLeaks. However, credit card operator Visa shut it down, and as of early morning (Iceland time) the donation system was no longer operating. WikiLeaks publicized the availability of the payment processing gateway via it's Twitter account, which has almost a… Read More

The US State Department apologized today for a computer glitch that has resulted in the invalidation of all 2012 green card visa lottery results — a massive blunder that affects tens of thousands of people. The names of this year's Diversity Lottery winners were already posted to the State Department website. But now all of those results are now void due to the “computer programming problem.” “We regret to inform you… Read More

Credit card company Visa has announced it plans to roll out its own digital wallet this fall in the U.S. and Canada that will offer “click-to-buy” payments for online purchases, as well as mobile purchases based on Near-Field Communications (NFC) being built into an increasing number of spartphones. The goal of the system will be to offer a “Visa-quality” experience in both online and mobile commerce, providing… Read More

San Francisco startup Square which makes tiny card readers for smartphones that enable virtually anyone to process credit card transactions, has received an undisclosed strategic investment from Visa. Visa is the top credit card company on the planet: Visa's investment in Square amounts to an endorsement of Square's technology and ideas, which were recently very publicly challenged by Verifone for suffering from a fundamental… Read More