Payment News – August 13, 2012: TapPay, TapWallet, Xsolla, Openbucks, Mobile Payment Commitee
TapBase Introduces TapPay and TapWallet Mobile
Mobile payment startup TapBase has released two mobile payment applications for the iPhone: TapPay and TapWallet. The TapPay app enables merchants to accept credit card payments with their smartphone. Just like Square, there is an optional magnetic-stripe reader that connects to the iPhone via the headphone jack. Instead of swiping their card customers can also pay using the TapWallet app that can store credit card information as well as membership and loyalty cards. Read more…
Xsolla Partners With Openbucks for new Online Games Payment Option
Online games payment service provider Xsolla has partnered with Openbucks to integrate their Gift Card Payment Network to provide a new payment option for online games. The partnership allows users in the United States and Canada to spend money from gift cards of trusted retail brands (such as Subway, Burger King, Circle K, CITGO, and CVS/Pharmacy) for online games in-game items, subscriptions and more.
ETA Launches Mobile Payment Committee
The Electronic Transactions Association (ETA), an international trade association of the payments industry, launched its new Mobile Payments Committee to develop and implement industry-wide mobile payment solutions. All four big US mobile network operators – AT&T, Sprint, T-Mobile, and Verizon – joined the ETA to participate in the Mobile Payment Committee. Other companies participating in the committee include American Express, Discover, MasterCard, Visa, Google, Capital One, PayPal, VeriFone, Intuit and First Data. Read more…
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