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e-payments

Pay back your friends with Venmo

Tired of splitting checks when eating out? Venmo greatly simplifies making payments to your friends using your Android or iOS device, for free.

It originally began as a text-message-based payment startup, but Venmo has been gaining steady traction among smartphone users looking for payment utilities without the use of NFC chips and external card readers and sliders. The mobile app allows its users to send money to their contacts without the hassle of dealing with differing indivudal bank or credit card services.

The result is a seamless and universally accessible payment experience that … Read more

Google buys TxVia to boost Wallet

Google has broken out its checkbook and signed off on a new deal to acquire payments processing provider TxVia in a bid to bolster its Wallet product, which has recently taken a PR battering.

Google Wallet represents the search giant's push into the physical payments space in a bid to replace the physical wallet with an NFC-powered Android smartphone. Google has teamed up with the payment industry's big end of town, including Citibank, Visa, and MasterCard for credit card payments. It also issues its own prepaid cards for those who prefer an alternative.

Google wrote on its Commerce blog … Read more