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Softcard packs in its mobile wallet

03/02/201503/01/2015 Julie Campbell

The struggling payments app announced its shutdown only days after selling its tech and intellectual property to Google. Only a few days after having announced that it would be selling all of its technology and intellectual property to Google, Softcard has now revealed that it will be shutting down, completely. This joint venture among Verizon Wireless, AT&T Mobility, and T-Mobile USA faced too many obstacles. The team at Softcard is now recommending that Android users who had enjoyed their mobile payments application should now make the move to the Google…

Google may be working on a new mobile payments system

02/18/201502/16/2015 Stephen Vagus

Plaso could be Google’s next foray into mobile commerce Google may be in the process of testing a new mobile payments system that it has codenamed “Plaso.” Rumors suggest that the company is currently testing this new service internally, working with partners that may include Papa John’s and Panera Bread. The new mobile payments system may be a potential replacement of Google Wallet, which has struggled to find mainstream acceptance among consumers despite the growing popularity of mobile commerce. Plaso is designed to be contextually aware The new payment system…

Apple’s mobile payments service continues to find success

02/04/201502/02/2015 Jennifer Goula

Apple Pay now accounts for majority of all mobile transactions in the US Apple has been finding significant success in the mobile payments field. At three months old, Apple Pay now accounts for the majority of mobile transactions made in the United States, according to CEO Tim Cook. Cook offered information concerning the service’s performance during Apple’s first quarter fiscal report, claiming that Apple Pay accounts for more than two out of three mobile payment dollars spent across its myriad networks. Launch partners report success with their adoption of Apple…

Disney World to begin accepting mobile payments

12/29/201412/27/2014 Stephen Vagus

Disney launches a new mobile commerce service at one of its theme parks Disney World will begin accepting mobile payments on December 24. The popular theme park has introduced a new service that will allow people to purchase food, drinks, and merchandise with nothing more than their smartphone. Many of the shops that are located in the park will accept mobile payments, but those without in-store mobile point-of-sale systems will continue to accept traditional forms of payment, of course. This represents an initiative from Disney that involves showing more support…

Mobile wallets will be used by 30 percent of holiday shoppers

11/24/201411/22/2014 John Montgallo

Nearly one in three consumers intend to use smartphone payments such as Google Wallet and Apple Pay. A recent poll from Stratos Inc., entitled the 2014 Holiday Mobile Payments Survey indicated that about 30 percent of holiday shoppers intend to use mobile wallets in order to pay for the purchases that they make throughout the holiday shopping season. Moreover, 17 percent claim that they will be spending more because these mobile payment options are available. Stratos also discovered that under 5 percent of consumers feel “more comfortable” paying with mobile…