A Square executive said it is unlikely his company would consider working with archrival PayPal in any capacity, stating their respective cultures are "too different and fundamentally incompatible."
PayPal said it expects to handle $10 billion in transacted mobile payment volume in 2012, an increase of 150 percent over a year ago.
PayPal has acquired card.io, which develops credit card data capture technology integrated into applications including the PayPal Here mobile payment system. Financial terms were not disclosed.
Starbucks released a new version of its application for Google's Android enabling consumers to pay and reload their Starbucks Card via PayPal.
More than 2 million businesses and individuals are now accepting credit and debit cards via the Square mobile transaction platform, up from 1 million just six months earlier.
Close to half of U.S. consumers are interested in using mobile wallet services, according to a new survey conducted by financial services consulting firm Carlisle & Gallagher. Among the 605...
PayPal is rolling out consumer trials of its fledgling mobile wallet service to 15 new nationwide retail chains: Abercrombie & Fitch, Advance Auto Parts, Aéropostale, American Eagle
NEW ORLEANS--Nokia (NYSE:NOK) announced a series of new and exclusive Windows Phone content partnerships designed to differentiate its fledgling Lumia smartphone line. Partners include sports media
More than 200,000 merchants have signed up for the new PayPal Here since the mobile payment processing system launched five weeks ago, eBay CEO John Donahoe announced Wednesday. PayPal Here
Square is reportedly raising a new round of financing that values the mobile payment startup at $4 billion--roughly four times what it was worth less than a year ago. Citing multiple sources familiar