American Express to Let Cardholders Pay NYC Taxi Fares With Membership Rewards Points

The move marks the loyalty program’s first step in what will likely be the program’s major expansion into the physical world.
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New York City Offering More Mobile Payment Options for Taxis, With Hailo Jumping On Board

E-hail app Hailo is now using VeriFone’s API to offer in-app payments for New York City taxi riders. In other words, a taxi customer can now both hail and pay for the cab using the Hailo app — provided that the driver is using Hailo, too — while Hailo uses VeriFone’s system on the back end to process the payments. The new Hailo feature comes on the heels of VeriFone announcing its payment app for NYC taxis a couple weeks ago; VeriFone is one of two payments companies that processes all the credit card transactions for New York City taxicab rides.

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Mobile Payments Come to New York City Taxicabs Via VeriFone’s Way2ride App

VeriFone, one of the two companies that processes credit card transactions in New York City taxicabs, has launched a mobile payments app that lets riders pay with their smartphones. The app, Way2ride, is free to download, and will run on iOS and Android smartphones. Currently, the three e-hail apps that are part of a test pilot in New York City don’t offer e-payments in the New York market, as they’ve been required to use either VeriFone or Creative Media Technologies as the payments processor. VeriFone said it plans to offer Way2ride throughout its network of 70,000 payment-enabled taxis around the world.

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Groupon Brings Payments Product to Verifone Credit Card Terminals in Bid for Mass Adoption

Small businesses that use credit card terminals from Verifone and Ingenico can now use Groupon for payments processing, the company announced today. Previously, merchants could only use Groupon Payments via mobile phones and tablets. Business owners can configure existing Verifone and Ingenico credit card terminals or purchase or rent new Verifone devices from Groupon.

Should VeriFone’s Exit From the Mobile Payments Space Worry Square?

Square should be thrilled that a fierce competitor is giving up, but maybe it’s also a bad sign?
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A Ride in a “Square Cab,” as Mobile Payments Company Winds Down Taxicab Testing (Video)

AllThingsD takes a ride in a New York City cab that uses Square’s mobile payments system.
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Groupon Adding Point-of-Sale Technology to Its Merchant Offerings

Today, the company is rolling out Breadcrumb, a mobile payments solution for restaurants, bars and cafes.
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Square’s Rabois: Retailers Will Opt for iPads Over Registers Within 18 Months

Square’s Keith Rabois predicts the end of the cash register — and soon.
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Ahead of Big Retail Push, PayPal Inks Deals With Top Hardware Vendors

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.
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Square Gets Approved for New York City Taxicab Pilot

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.