Is Google or PayPal Leading the Charge in Mobile Payments?

The results may surprise you.
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Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company

Scoutmob was able to attract $3.25 million in new funding and a major new payments partner by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.
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Voices

Foursquare Joins the Coupon Craze

Foursquare doesn’t want to be another popular — but unprofitable — social network. Its new plan to make money? Personalized coupons.

News Byte

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

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.

Four Reasons Why Andreessen Horowitz Is Investing $10 Million in Belly

Andreessen Horowitz has invested $10 million in Belly, a Chicago-based company that is building a loyalty network for retailers that will replace punch cards with mobile rewards.
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Paying With Square’s New Mobile-Payments App

Square’s app for “hands-free” consumer payments is worth trying.
Square

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

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.
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LivingSocial Finds That Full-Price Offers Work Better on Mobile Than Discounts

Will mobile commerce as it has been envisioned for years ever take off?
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Amazon’s Key to Beating Groupon in the Daily Deals Space Is Its 164 Million Paying Customers

Amazon’s online catalog offers millions of everyday items for sale, but how many consumers think of visiting Amazon to buy a meal in a restaurant or a haircut at the local salon?
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Groupon’s Mason on Strategy, Investment and (Finally) a Way to Stop Those Pole-Dancing Offers

Groupon’s CEO Andrew Mason is known for his sense of humor, but during the company’s first earnings call today, it was all business … pretty much.
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