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Latest Headlines

Starbucks revamps Android payment app with PayPal support

Starbucks released a new version of its application for Google's Android enabling consumers to pay and reload their Starbucks Card via PayPal.

Square doubles userbase to 2M, transactions grow to $6B per year

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.

Survey: Demand for PayPal mobile wallet trumps Google, Apple

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 expands mobile wallet to 15 new national retailers

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

Nokia teams with ESPN, Groupon for Windows Phone app exclusives

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

PayPal Here merchant signups eclipse 200K in first month

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

Report: Square's latest financing may value it at $4B

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

PayPal, Cumberland Farms kick off SmartPay app pilot program

PayPal is teaming with regional convenience store chain Cumberland Farms to introduce SmartPay, a new mobile application enabling motorists to pay for gasoline from the seat of their car. Available

PayPal promotes former Zong chief David Marcus to president

eBay appointed David Marcus as president of its PayPal division. Marcus, previously PayPal's vice president of mobile, replaces Scott Thompson, who stepped down in January 2012 to become CEO at

Square expands Card Case hands-free payment app to Android

Square is extending its location-enabled Card Case payment application to Google's (NASDAQ:GOOG) Android operating system and rebranding the service as "Pay with Square." Originally introduced for