Deal for apps maker expected to strengthen VeriFone's position in the mobile payments market.
The mobile-payment joint venture, backed by big U.S. wireless carriers, aims to expand its reach via makers of e-commerce payment systems and terminals.
Partnership brings more tech cred to VeriFone in its battle in the mobile payments arena, where it's squared off against well-funded start-ups.
That's according to the CEO of Verifone, who makes payment systems for merchants and is bullish about its prospects.
This story incorrectly referred to Payfone as a manufacturer of point-of-sale terminals. The actual payment terminal company is Verifone.
The eBay-owned payments processor may launch a device that would put it in competition with the likes of Square, Verifone, and Intuit, GigaOm reports.
NFC readers from VeriFone to be installed at stores in New York and San Francisco, Bloomberg reports.
A new NFC system being ramped up by Verifone and Micros for the restaurant industry would allow diners to pay their checks through their NFC-equipped mobile phones.
The online retailer introduces a card reader that could help it learn more about consumer shopping habits in stores.
The Silicon Valley darling opens its waiting list to bring the secretive mobile-payments service, already in testing at Stanford, to other college campuses.