Posts tagged as: mastercard

Bank of America launches pilot of mobile payment software for trial

Bank of America is getting started to enter the new market of the electronic payment via mobile devices. The bank launched a pilot software to test the technology that is in the making as well. The trial is scheduled to run for three months in which 5 retail shops are included in the area of […]

Square gets another $200 Million in funds to expand operations

Square, a new mobile payment system has finished the fourth round of raising funds for expanding the company’s operations. Founded by Twitter co-founder Jack Dorsey, the company raised $200 Million in the round. Square has amassed a total of $337 Million to fund its operations first in the US and then internationally. The total valuation […]

MasterCard releases its own mobile transaction app development kit

MasterCard is taking the electronic mobile payment system seriously. The payment system developers issued a development kit, Mobile MasterCard PayPass User Interface Software Development Kit on Monday for development of mobile transaction apps. The software development kit is issued firstly for Google’s Android and Research in Motion’s BlackBerry 7 operating systems. Microsoft’s Windows Phone 8 […]

Verifone misses on quarterly sales expectations, shares fall more than 12 percent

Verifone, the electronic payment system makers, were down more than 12 percent on stocks late Wednesday due to less than stellar quarterly report. The company released the performance report on its third fiscal quarter on Wednesday that missed on some fronts. The though both revenues and profit per share was higher than the year-earlier quarter, […]

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