If you’re a current U.S. customer (AU: You’re probably not), Visa’s new payment service will soon let you send funds digitally from your account to any other Visa account in the world. You’ll be able to send money to other eligible accounts by entering your recipient’s 16-digit Visa account, e-mail address or mobile phone number. Props for convenience, Visa. [Visa via Mashable]
An Australian company might have come up with the next big idea in paying for things: with SMS. Okay, I’m kidding – the idea isn’t necessarily new per se, but getting people to used to this kind of payment service in Australia could prove quite the challenge. More »
Square, the super-cool payment system that lets you collect peoples’ credit card dollars on your smart phone, is delayed indefinitely while the company tightens various infrastructural screws. CEO Jack Dorsey admits they rolled features out “before they were fully baked.” More »
According to Silicon Alley, the latest rumour in Wall Street is Apple’s plan to turn the iTunes Store into a payment system like Paypal. In other words, they want you to give them money so you can buy things elsewhere. More »
AOL tried to squeeze a little over $US100 in fees from a customer for upgrades he hadn’t asked for, hadn’t approved, hadn’t used and of which he hadn’t even been notified. Unluckily for AOL, that customer is a professional writer. More »
