171 posts and columns on mobile payments
PayPal said today that customers of Uber, the car service startup, can now pay their fares using PayPal. Uber also happens to be one of the highest profile customers of Braintree, the payment gateway company that PayPal parent eBay agreed to acquire for $800 million less than two months ago.
News ByteIsis, the mobile wallet backed by several mobile carriers, is expected to launch nationwide before the end of the year. And when it does, up to one million people who use its NFC-enabled app at any of the more than 70 percent participating Jamba Juice locations in the U.S. will get a free small smoothie as part of a joint marketing campaign between the two entities. Isis is going to need to give shoppers all of the incentives it can to overcome the lack of adoption for NFC payments in the U.S.
News Byte$2.12 billion it estimated in October 2012 to $1 billion. The firm said that adoption has been slower than anticipated and that competing offerings have hampered growth. Still, the $1 billion total would mark 93 percent growth over the $539 million in mobile payments eMarketer forecast for 2012.