Payments

Billfloat : Buy smartphones on credit without checks

There could have been instances in your life, where you might have defaulted on paying bills on time. Defaulting on bills not only attracts fine but also reduces your credit rating. To overcome such problems, Billfloat introduced a product called SmartPay.  The SmartPay option allows customers to buy a “smartphone”...

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Enabling Technologies

Kuapay: enabling virtualization of cards

Consumers are finding it a hassle carrying cash or cards viz a viz: debit/credit cards, loyalty cards, membership cards. It might not sound like a big issue in the context of developing/emerging markets but in developed markets, it is a popular issue. Quite often, we see number of start-ups coming...

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Payments

Apple’s First iBeacon Location Made Public

In the early days of Febuary 2013, Apple was silently installing and testing a new technology called iBeacons at a number of Major League Baseball Ballparks in the United States.  Major League Baseball have been a very early adopter of Passbook and had already been working with Apple months before...

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Payments

$800 Million M&A deal between PayPal and Braintree

Analysts in the industry were speaking about PayPal acquiring Braintree since last week. We first heard about this while doing a story on Facebook, when they launched their Autofill Payment Feature. The rumor mills turned out to be true and the acquisition has gone through. PayPal has made this news...

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Enabling Technologies

YellowPepper: Doing 25 Million transactions a month in Latin American and Caribbean Markets

YellowPepper Holding Corporation was established in 2004 by Serge Elkiner. YellowPepper is a mobile financial network in Latin America and the Caribbean. The focus of the company has shifted from providing value added services to exclusive mobile financial services in 2007. YellowPepper operates in 9 countries: Mexico, Colombia, Peru, Ecuador,...

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Payments

Ensygnia creates QR code magic, gets $5.5 Mn+ funding

What if you were browsing on your desktop or your tablet and bought something online and could pay in a jiffy using your smartphone. Its possible says Ensygnia. And according to them its simple, fast, secure mobile transactions: online, in store and on the go. Their solution claims to allow...

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Payments

Alipay Vs Tenpay - The China Payments Rivalry

Internet retail sales in China are booming and are expected to reach $395 billion in 2015,  according to estimates by McKinsey, a figure three times the total in 2011. China’s internet giants, Alibaba Holding Group Ltd., and Tencent Holdings Ltd., will be the biggest players. Alipay: Alibaba Holding Group Ltd.,...

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