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News Byte

Vend Rings Up $2 Million for Point-of-Sale Technology

Tricia Duryee in Commerce on May 23 at 11:19 am PT

Vend, a start-up with offices in San Francisco and New Zealand, has raised $2 million to develop point-of-sale software that runs on any device, including iPads and legacy hardware found at the register. The round was led by Point Nine Capital in Europe. Vend, which has raised $3 million to date, says it has signed up 11,000 users in 80 countries and is processing one million transactions a month.

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.

Square, Now Processing $4 Billion in Payments a Year, Launches Square Register

Lauren Goode in Commerce on March 5 at 6:38 am PT

Mobile payments start-up Square, amid increasing competition in the point-of-sale payments race, wants businesses to use its iPad app as a register.

PayPal Says It’s Full Speed Ahead on Mobile Payments After President Resigns

Tricia Duryee in Commerce on February 6 at 7:00 am PT

PayPal’s VP of Mobile David Marcus makes the case for why its mobile payments strategy will prevail in a market surrounded by incumbents.

PayPal asks you to enter your phone number and pin.

Here’s How PayPal Is Pitching Mobile Payments to Major Retailers (Slideshow)

Tricia Duryee in Commerce on February 6 at 6:30 am PT

Check out the photos from a recent visit to PayPal’s San Jose headquarters, where AllThingsD got an exclusive peek at the company’s brand-new “Shopping Showcase.”

The push notification talk you into stopping at nearby coffee bar.

The Mobile Coupon Is Broken and Procter & Gamble Has Found a Solution

Tricia Duryee in Commerce on December 19, 2011 at 2:00 am PT

Procter & Gamble thinks it has found a solution to distributing coupons on mobile phones.

MasterCard Defends Google Wallet Ahead of Its Official Launch

Tricia Duryee in Commerce on September 19, 2011 at 6:00 am PT

Google will officially launch its mobile payments service any time now, which will let a small subset of Android smartphone users tap and pay for items at a limited number of stores.

PayPal’s Response to Google’s Payment Plans: A Wallet in the Cloud (Offers Not Included!)

Tricia Duryee in Commerce on September 15, 2011 at 7:00 am PT

PayPal unveiled its plan for mobile payments space for the first time yesterday. In an interview, PayPal’s president explained why he believes the space will take off “faster than you ever imagined.”

Apple’s iPad Already Replacing Cash Registers by the Bushel

Tricia Duryee in Commerce on August 23, 2011 at 6:00 am PT

Mobile devices — and especially Apple products — have become fairly mainstream at U.S. retail locations. Today, Pacific Sunwear announced a significant deployment of mobile devices in its stores.

Square Launches Payments System That Makes Registers and Wallets Obsolete

Tricia Duryee in Commerce on May 23, 2011 at 10:29 am PT

Square has launched a new cash register for merchants and a new mobile wallet for consumers to make paying for cups of coffee and other retail goods extremely simple.