Latest Headlines

Latest Headlines

PayPal Here goes on sale at AT&T stores

PayPal is now selling its PayPal Here credit card reader at 1,800 AT&T Mobility stores across the country. The partnership represents PayPal Here's first U.S. retail deal.

Square abruptly halts NYC taxi payment system trial

Square has abruptly shut down Checker, a pilot service enabling New York City taxi passengers to more efficiently pay their fare via credit card.

Starbucks to start using Square for in-store payments next month

During a leadership conference in Houston, Starbucks executives said that the company will begin using Square Wallet for mobile payments starting in early November. At that time, customers will be able to use the Square directory to find more than 7,000 U.S. Starbucks stores.

Report: Amazon taking on Square, PayPal Here with m-payments reader

Amazon is reportedly working on a mobile payments reader that would pit the digital commerce giant against services like Square and PayPal Here.

Groupon battles Square, PayPal with new mobile payments platform

Groupon is rolling out a new mobile payments processing platform that promises lower merchant costs than rival efforts from Square and PayPal.

Square closes $200M Series D round, transactions grow to $8B a year

Square has closed its Series D financing round, led by investors including Citi Ventures, Rizvi Traverse Management and Starbucks Coffee Company.  The New York Times  reports the round totals about $200 million, valuing the mobile payments startup at $3.25 billion.

PayPal, Discover team to bring mobile wallet to millions of stores

PayPal is teaming with Discover to extend its fledgling mobile wallet service to millions of additional retail locations across the U.S., striking a major blow in the battle for m-commerce supremacy.

Square introduces flat-rate monthly pricing for small business transactions

Square is rolling out a new flat-rate pricing option for small business users, enabling merchants who process up to $250,000 per year to pay a monthly fee of $275.

How Square and Starbucks made mobile payments mainstream

Every revolution has its tipping point, and for the mobile commerce revolution, that signature moment arrived Tuesday, when Starbucks announced it would begin processing all credit and debit card transactions using Square's mobile transaction technologies. 

Starbucks adopts Square for in-store payments, invests $25M

Starbucks will soon begin processing all credit and debit card transactions using Square's mobile commerce technologies, a move to slash operational costs across the coffeehouse chain's 7,000 company-owned U.S. locations.