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.
This story incorrectly referred to Payfone as a manufacturer of point-of-sale terminals. The actual payment terminal company is Verifone.
The Silicon Valley darling opens its waiting list to bring the secretive mobile-payments service, already in testing at Stanford, to other college campuses.
The company combines old and new by linking QuickBooks Point of Sale with its mobile, swipe-and-pay GoPayment product. In the race for customer data, it's all about the platform.
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.
There's still a lot of work to be done to get consumers aware of the benefits of paying with a smartphone, the head of Visa's mobile business tells CNET.
The payment processor launches a system that allows merchants to use their smartphones or tablets to act as a portable point-of-sale terminal.