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Tag Archives: mobile payment system

Moshi for iPad

  • Next month, all you'll need is your smartphone equipped with the Square Wallet app to buy your latte at Starbucks. In November, Starbucks’ customers will be able to use the Square mobile payment system in about 7,000 U.S. stores.


    Starbucks and Square formed a big partnership last August. Starbucks invested $25 million in Square. The deal allows Square to process credit and debit card transactions and implement the Pay with Square system at Starbucks stores.


    To use Pay with Square you link a credit card to the app. When you’re paying at the counter, leave your wallet in your pocket. Through the app the store can sense your phone's location and charges your account for the amount of your purchase. The cashier verifies your identity through a picture ID and name that pops up on their screen.


    Apple users aren't being left out. The latest update to the Starbucks iOS app lets Starbucks card owners add their accounts to Apple’s Passbook directly through the app. Then you can pay for food and beverages, check your card balances, reload the card with more cash, and add rewards to score free drinks, all through your iPhone.


    Unveiled in iOS 6, Passbook lets users store electronic copies of tickets, coupons, boarding passes, and loyalty cards.


    Starbucks first launched a Square-powered mobile payment app in 2011. Since then, Starbucks has processed more than 70 million mobile transactions.




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  • NFC is a technology that will undoubtedly be a popular one at some point in the future. They’re still quite a ways to go until the average person is utilizing the NFC technology, and this will require an adoption on a large scale before it becomes part of the everyday use. A number of other companies are also utilizing other technology that will allow them to be able to also use the NFC technology. The companies reportedly plans to invest as much as $100 million in a joint venture that will allow for them to put together a mobile payments network titled Isis. This network would allow for all of the companies to be able to use the technology with unlocked iphone 4 and would allow them to further push the technology forward so that it becomes a regular part of users lies in the future.


    AT&T, Verizon and T-Mobile Gamble on Mobile Payments


    With large companies such as Google also putting together programs such as Google Wallet, which will allow for them to be able to utilize this technology when they have devices that are usable with it.a number of networks are also putting together plans that will allow for them to utilize offer services which will allow them to send coupons to users for various different causes.


     


    It was originally planned for them to launch the new service sometime in the middle of 2012, but a number of different things have slowed down their move to make the change. The company seemed to be on the fast track in terms of utilizing merchants to use the service from iphone 4 unlocked, and you can bet that because of the profile of the companies that they will be able to garner a lot of different companies to be able to work with them. NFC is big and carriers including others will join in on the action.




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