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Ahead of Big Retail Push, PayPal Inks Deals With Top Hardware Vendors

Tricia Duryee in Commerce on May 24 at 5:00 am PT

Paypal is announcing that it has secured partnerships with three of the top point-of-sales providers, giving it access to nearly 40 million terminals worldwide.

News Byte

Flint Mobile Raises $3 Million in Capital for Mobile Payments App

Tricia Duryee in Mobile on May 9 at 4:30 am PT

Flint Mobile said it has raised $3 million in a first round of capital, and that it is launching its new mobile payments app, which enables merchants to process payments with a mobile phone. But rather than requiring a merchant to buy a card reader, the app allows the merchant to snap a picture of a credit card. The round, which will be used on product development and hiring, was led by Storm Ventures and True Ventures.

Square’s Next Round Could Swipe a $4 Billion Valuation

Tricia Duryee in Commerce on April 18 at 4:00 am PT

Square is seeking to raise a fresh round of capital at a valuation of up to $4 billion, according to multiple sources familiar with the situation.

More D10 Speakers: Ellison, Meeker, Myhrvold, Along With Pixar and Visa!

Kara Swisher in D10 on April 9 at 2:49 pm PT

Speakers? We got your D10 speakers.

Sephora’s Not Afraid of Smartphone-Carrying Customers

Tricia Duryee in Commerce on April 9 at 9:55 am PT

To the contrary, Sephora is encouraging customers to use their phones in the store to help them shop.

L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)

Kara Swisher in Commerce on April 2 at 10:56 am PT

The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then — presumably — sell.

News Byte

American Express Will Pay You to Tweet (Sort Of)

Peter Kafka in Social on March 6 at 4:00 pm PT

Here’s how you can turn 140 characters into cash, or at least credit: A new American Express promotion will reward Twitter users with discounts on some goods and services if they tweet or retweet certain messages. Card users who connect their Twitter accounts with their Amex accounts will see credits appear directly on their statements. Amex helped Twitter launch its “self-serve” platform last month, and has connected with Foursquare for a similar offer.

News Byte

Square Gets Approved for New York City Taxicab Pilot

Lauren Goode in Mobile on March 1 at 8:24 am PT

The New York City Taxi and Limousine Commission has approved a proposal to deploy Square payments technology in 30 taxicabs as part of a test phase. VeriFone Systems Inc. and Creative Mobile Technologies LLC currently hold contracts to power credit card payments in more than 13,000 cabs across the city, and many more nationwide. It’s unclear whether using Square’s mobile payments technology in cabs would result in lower processing fees for taxicab medallion owners, but David S. Yassky, current chairman of the Taxi and Limousine Commission, has said he hopes credit card transaction fees could be lowered.