P97 Networks Raises $8M to Accelerate Product Development, Sales and Marketing

P97 Networks, developers of PetroZone, a cloud based mobile commerce and behavioral marketing platform, recently announced the closing of an $8 million Series A funding. The round was led by Emerald Technology Ventures, a globally recognized investor in the areas of energy, advanced materials, water technologies and industrial IT. American Trading and Production Corporation (ATAPCO)

Time Partners with Coinbase, Now Accepts Bitcoin Payments

Time Inc. has partnered with Coinbase, the popular bitcoin wallet, to become the first major magazine publisher to accept bitcoin payments. The initiative was launched recently with Fortune, Health, This Old House and Travel + Leisure, now accepting bitcoin among the wide variety of payment options for subscriptions. “We are always looking for ways to

After a Successful Launch in US, Apple Pay is now Targeting other Nations

Apple is now looking forward to expanding its mobile payments service Apple Pay to countries in Europe, Middle East, India and Africa. A recent job listing by Apple revealed that the company is forming a new team, focused on Apple Pay, at its London office. One of the job postings shows Apple would be hiring

Apple iBeacon Technology Makes it Way to McDonalds

The Bluetooth low energy based iBeacon technology, developed by Apple, is being touted as next big thing for brick-and-mortar merchants. iBeacons can track customers’ location within a defined proximity range and help push contextual messages such as deals and offers right onto their phones. Now McDonalds is taking initiatives in leveraging the technology to push

ShopKeep Offering POS Equipments to Support Apple Pay, EMV and other Payments Methods

ShopKeep is known for developing checkout software for retail stores. The startup firm is now offering an equipment to allow merchants to accept mobile payment methods such as Apple Pay and also secure credit card payments. The new equipment uses NFC to allow customers to make contactless payments using their phones. NFC is key enabler

First Data Partners with Verifone to Fight against Payments Data Breach

First Data, a payments technology company, has partnered with Verifone, a leading provider of secure payments acceptance, to help US merchants combat exposure to consumer payment data breaches. The companies are also looking to help the merchants in acceptance of EMV enabled credit and debit cards, in light of the EMV mandate. With the recent

Google Wallet App for iOS Adds Nifty New Features #TouchID #SplitPayments

One of the most highlighted features of the iPhone, since the iPhone 5S model, has been “Touch ID”. The feature involves the use of a dedicated fingerprint biometric scanner. It has been highly useful for a number of in-app logins and other security features. For the Apple Pay service, in the recent iPhone 6 and

Dwolla Introduces Additional Support Services Enabling Faster Payments Settlement

Dwolla, one of the early digital payment disruptors, has recently made new efforts in increasing its user base and speeding up the transactions. Dwolla has now been integrated into AccountingSuite. AccountingSuite is an all-in-one app for accounting, inventory, order management and time and project tracking. AccountSuite merchants can now accept and request Dwolla payments from

What will Android Pay Look Like? An Infographic

The launch of Apple Pay may have been the most impactful announcement of any tech firm this year. The tech titan with the Midas touch and customer experience extraordinaire will finally make mobile payments work where so many other have stumbled. I will finally be able to leave my wallet at home and transact anywhere

Adyen Raises $250 Mn to Boost the Growth of its Omni-Channel Payments Platform

Adyen, one of the leading global payments technology companies, has announced that it has closed $250 million in funding. The funding round was led by investors like General Atlantic, Temasek, Index Ventures and Felicis Ventures. Adyen’s technology gives businesses the ability to accept almost any type of payment, anywhere in the world, across any payment