8 posts and columns on point of sale

News Byte

Mobeam Banks Another $1.5 Million for Mobile Bar Code Technology

in Commerce on February 6 at 1:00 am PT

Mobeam has raised another $1.5 million in capital to work on a solution for point-of-sale systems at retail not being able to read bar codes from coupons on cellphone screens. In October, the company raised $5 million; in December, it inked a high-profile partnership with Procter & Gamble, and now adds new investor DFJ Athena, a Korea-focused venture fund affiliated with Draper Fisher Jurvetson, to the list. Previous investors include Yet2Ventures, Samsung Ventures and Mitsui.

PayPal’s First Mobile Payments Pilot Is With Big-Box Retailer Home Depot

in Commerce on January 6 at 1:50 pm PT

Some good news for eBay, following the surprising announcement this week that PayPal was losing its top executive to Yahoo.
PayPal_paybyphone

News Byte

Tabbedout Picks Up First Round Totaling $5.75 Million

in Commerce on May 9, 2011 at 1:00 am PT

Tabbedout, which aims to create a way to pay your restaurant bill on a smartphone rather than hand over your credit card, has raised $3.7 million in additional funding from New Enterprise Associates. The company’s first round now totals $5.75 million. Its payment platform is now being used in bars and restaurants in 20 states. The Austin, Texas-based company also announced MICROS, a point of sale vendor, will embed the software in its equipment.

Report Finds That Mobile Payments Are Coming This Year, but It Will Be Messy

in Commerce on April 6, 2011 at 11:11 am PT

This year will finally be the year when mobile payments make it into the hands of millions of consumers, according to a new report by Forrester. And mass-market adoption? Still a long way off.

Google, VeriFone in Talks on Mobile-Payment Partnership

in News on March 15, 2011 at 1:00 pm PT

Google Inc., as part of its goal to allow shoppers to use their mobile devices–rather than physical credit cards–to pay for goods in retail stores, is working on a potential partnership with electronic-payments company VeriFone Systems Inc., according to a person familiar with the matter.

Apple Grabs iPad Trademark From Fujitsu

in News on March 26, 2010 at 4:22 pm PT

Well, this is cutting it close. With the iPad just a week from market, Apple has finally taken ownership of the iPad trademark, which was previously assigned to Fujitsu.

Palm: Pssst. Wanna Buy 1.15 Million Smartphones?

in Mobile on March 19, 2010 at 2:33 pm PT

Palm shipped 960,000 smartphones during its third quarter–23 percent more than in the previous quarter. Too bad the company sold fewer than half of them, because now, on top of all its other woes, Palm is developing an inventory problem, a nasty one, too.

NCR Sees No Pick Up In Retailer Tech Spend Before 2010

in News on June 15, 2009 at 5:00 am PT

Retailers aren’t likely to resume spending on their IT infrastructure again until at least 2010, according to NCR Chairman and CEO William Nuti. In an interview Friday afternoon with Tech Trader Daily, Nuti said that demand for the company’s point-of-sale retail terminals remains “slow around the world.”