Deal for apps maker expected to strengthen VeriFone's position in the mobile payments market.
The online retailer introduces a card reader that could help it learn more about consumer shopping habits in stores.
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.
The Silicon Valley darling opens its waiting list to bring the secretive mobile-payments service, already in testing at Stanford, to other college campuses.
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.
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's Web site will soon be a relic of the past; the company is said to be revamping the site, cutting down on bar and tab options and making it more navigable.
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.