Wednesday, June 6, 2012

What Do PayPal and Starbucks Have in Common?

What Do PayPal and Starbucks Have in Common?
by UniBul on 6/4/2012 

PayPal's new mobile payments service launched in the U.K. last week, which enables customers to use their phones to check themselves out of participating stores, relies on the same technology that powers Starbucks' Mobile Pay, which launched in the U.S. in January 2011 and immediately turned into a runaway success.


Foursquare, AmEx Team up in U.K. to Help Brits 'Stumble Upon a Deal'
by UniBul on 6/5/2012 

A year after Foursquare and American Express teamed up to enable Americans to redeem specials at U.S. merchant locations, the duo has evidently been sufficiently pleased with the results to decide to test the concept across the pond in the U.K. And there seems to be something for everyone in this AmEx / Foursquare program.


M-Pesa and the M-Payment Boom in the World’s Most Troubled Places
by UniBul on 5/30/2012 

It is the sheer misery and lack of infrastructure that makes the world’s poorest and most troubled places the most fertile ground for M-Pesa, the mobile payment service that was first launched in Kenya in 2007, Peter Vanham asserts in his Financial Times blog. Among the countries that it has entered, M-Pesa has been most successful in the least developed ones. We explain why.


Why You Will Never Pay off Your Credit Card
by UniBul on 6/1/2012 

The good people at Cracked.com have discovered a new math, which helps them calculate that if you make the minimum monthly payment on a credit card debt of $10,679, 1,000 years from now your descendants will still owe $212 million on the account. Oh, and in 2,000 years Bank of America will finally destroy the Earth, presumably after countless near-misses.


Why Square Is Winning the Mobile Payments War
by UniBul on 3/1/2012 

Square has plenty of competition and at least one of its rivals - Intuit's GoPayment - has mounted a solid challenge, offering reliable service at rates that seem to be better than Square's. And yet, it is Jack Dorsey's card reader that is sold at an ever increasing number of retailers, ranging from Apple to Wal-Mart. And it is Square that is making the mobile payments headlines. Why is that?


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