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Visa announces Google Wallet partnership

Google officially unveiled Google Wallet a few days back and at that time we saw a service that launched with support from one — Citi MasterCard. Well, technically two if you consider the Google PrePaid cards. But coming as a nice bit of follow up, it looks like Google has since added Visa to the more »

Switching to T-Mobile will get you a $125 gift card

T-Mobile is going to great lengths to get customers back. Even though it’s in the middle of a merger with AT&T, T-Mobile USA is going to keep slamming the competition with various advertisements while trying to make its network more appealing. In the past week we’ve seen phone discounts, free Wi-Fi calling, prepaid plan upgrades and other enhanced features coming from T-Mobile. That probably won’t be enough to convince some to make the switch, so T-Mobile is going to line some pockets to sweeten the deal.

Samsung and Visa will bring NFC-based payments to London

It seems like every day we’re hearing more and more about near field communications (NFC) technology as a way to make mobile payments. Amazon, Google and Apple are all believed to be developing hardware and software for this very purpose. Samsung and Visa have officially partnered with each other to bring NFC payments to London in 2012. Their partnership will produce a new Olympic and Paralympic Games phone. The phone will use NFC and Visa’s technology in conjunction with an app installed on the device. All users will have to do is select a payment option in the app and place their phone in front of a scanner at checkout.

87% of iPhone users jumping at chance to pay with iPhone; would use add-on hardware

Visa is testing NFC payments in four European countries using the iPhone with an NFC radio attached. The test is part of the growing acceptance of contactless payment solutions. Users can make payments in stores, on public transport and receive exclusive digital coupons. According to a Visa survey, 87% of iPhone users would use an more »

WikiLeaks supporters’ war on several major websites continues

The cyberwar launched against several major websites by supporters of the embattled WikiLeaks continued through out Thursday, led by a group of hackers calling themselves Anonymous. The group distributed software and launched DDoS attacks aimed at disrupting sites that dropped the site as a customer, including Amazon, Paypal,Visa, Mastercard, and others. Amazon dropped the site more »

Your cellphone may soon become your credit card

According to a recent report in Bloomberg, AT&T, Verizon Wireless and T-Mobile are preparing to begin testing a new mobile payment service. This would mean that some smartphone users on those carriers may soon be able to make a payment at a local store using nothing but their phone. Bottom line here, the talk of more »

Shields Up!: Three indicted in Heartland Payment Systems data theft

Three men have been indicted in what federal authorities are calling the largest identity theft case ever prosecuted. The three men are accused of hacking into the files of Heartland Payment Systems between October 2006 and May 2008. Heartland processes debit and credit card payment for over a quarter of a million businesses. Some of the breaches occurred at 7-Eleven and Hannaford Brothers and at least 650 financial institutions were affected.

Visa’s new card with buttons and screen

In an effort to thwart what is know as CNP or Card Not Present transactions, Visa has come up with a nifty new card that features input buttons and a display screen. All web transactions are performed in this manner, possibly allowing anyone who lifted your card from making purchases without your consent.

The new card aims to stop that by creating a one time code on the card to be filled in like we do for the CCV now. The code is generated by the user entering their pin in and the card creating the one time only code. The idea is only the owner of the card with card in hand can make purchases. While not foolproof, the card goes a long way from just “dumb” plastic cards of today.

Find out where you can get a hold of one of these. Hit more to follow.