Tag Archives: payment system

19 million patient records were stolen from Quest Diagnostics and LabCorp

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A security breach at a billing company has resulted in nearly 20 million patients of LabCorp and Quest Diagnostics getting their information stolen from them. The breach was first disclosed Monday by Quest Diagnostics, which reported in a Securities...

Isis mobile payment system primed for September launch, supported devices revealed

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Isis mobile payment system primed for September launch in Austin and Salt Lake City

You've known it was coming, but Isis has been so quiet on the mobile payments front in the past few months that you might've forgotten the score. Now, the joint venture backed by AT&T, T-Mobile and Verizon has announced that it'll debut its system in Austin and Salt Lake City next month. At least part of the delay is attributed to its shift in strategy, when Isis shelved its plans to process payments through the carriers themselves and instead work with MasterCard and Visa. Isis representatives have declined to elaborate on future expansion plans.

Coinciding with the recent update that enabled Isis support for T-Mobile's Galaxy S II, MasterCard has come clean with a list of devices that'll receive similar treatment. Specifically, those in the US can expect the Droid Incredible 4G LTE, One X, Amaze 4G, Galaxy S III to gain Isis support. Naturally, the possibility remains open for other devices as well, and if you'd like to see the complete list of candidates, make sure to check out the PDF below.

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Isis mobile payment system primed for September launch, supported devices revealed originally appeared on Engadget on Tue, 28 Aug 2012 20:47:00 EDT. Please see our terms for use of feeds.

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flatrate payment option for $275 per month, hits small business sweet spot

Square is most often pitched as heaven for small businesses, but that 2.75 percent cut per transaction is sometimes a problem for stores that are too successful. Enter a new flat rate option. Shops that don't take more than $250,000 a year in Square payments, or charge more than $400 in a given sale, can instead pay a flat $275 per month regardless of how many swipes they take. The deal makes the most sense for businesses handling more than $120,000 a year through the reader, establishing a definite limit to its usefulness; this isn't exactly for a budding jeweler (or Starbucks). Even so, the simplicity of the rate might be very alluring for companies that aren't keen on surprise costs or working out the math, and it's a contrast to the half-steps towards flat rates taken by VeriFone and other, more traditional outlets going mobile.

Continue reading Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot originally appeared on Engadget on Thu, 16 Aug 2012 15:13:00 EDT. Please see our terms for use of feeds.

Permalink The Verge  |  sourceSquare  | Email this | Comments

Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flatrate payment option for $275 per month, hits small business sweet spot

Square is most often pitched as heaven for small businesses, but that 2.75 percent cut per transaction is sometimes a problem for stores that are too successful. Enter a new flat rate option. Shops that don't take more than $250,000 a year in Square payments, or charge more than $400 in a given sale, can instead pay a flat $275 per month regardless of how many swipes they take. The deal makes the most sense for businesses handling more than $120,000 a year through the reader, establishing a definite limit to its usefulness; this isn't exactly for a budding jeweler (or Starbucks). Even so, the simplicity of the rate might be very alluring for companies that aren't keen on surprise costs or working out the math, and it's a contrast to the half-steps towards flat rates taken by VeriFone and other, more traditional outlets going mobile.

Continue reading Square intros flat-rate payment option at $275 per month, hits small business sweet spot

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Square intros flat-rate payment option at $275 per month, hits small business sweet spot originally appeared on Engadget on Thu, 16 Aug 2012 15:13:00 EDT. Please see our terms for use of feeds.

Permalink The Verge  |  sourceSquare  | Email this | Comments

Square CEO hints at Windows Phone app, says Starbucks funding will go toward ‘international efforts’

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Square CEO hints at Windows Phone app, says Starbucks funding will go toward 'international efforts'

As you probably have heard -- it's created quite some buzz, after all -- Starbucks just announced a partnership with Square to accept mobile payments via the Pay with the Square app. That's huge news for Square, which currently processes transactions for some 75,000 merchants, as the coffee retailer is one of the largest national chains to integrate with the payment service.

At a breakfast in New York today, Square CEO and Twitter founder Jack Dorsey and Starbucks CEO Howard Schultz fielded questions about the partnership's importance. While most of the talk centered on the rollout that will bring Square payments to 7,000 Starbucks stores ahead of the holiday season, the discussion also touched upon other areas of expansion for the mobile payments company.

Currently, the Pay with Square app is only available on iOS and Android. Asked whether a Windows Phone app is in the making, Dorsey said, "We will definitely build for where the users are, and we're excited about the Windows Phone interface." Take that as you will.

Starbucks will start accepting Square payments ahead of the holiday season, and Dorsey said the coffee retailer's $25 million investment will be used for hiring and to expand "international efforts." Starbucks, which has 18,000 stores in 60 countries, would certainly be a natural partner in any overseas plans.

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Square CEO hints at Windows Phone app, says Starbucks funding will go toward 'international efforts' originally appeared on Engadget on Wed, 08 Aug 2012 13:46:00 EDT. Please see our terms for use of feeds.

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In Ticketing increases options for venues and promoters, as long as they’re using iOS

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Converting a cellphone into a credit card reader is nothing new, but transforming one into a box office for live events could shake things up a bit -- or, at least provide a bit of friendly competition for NFC-based alternatives. In Ticketing has just launched InHand Box Office software for use at live events. The company claims to be one of the greener ticketing outfits out there, and plans to turn your iPhone or iPod touch into a device capable of wirelessly processing payments (and printing out paper receipts, unlike Square or PayPal Here) at independently run concerts or festivals. Potentially reducing time spent in line and preventing congestion at the entrance translates into more people inside the venue, and using your phone instead of a difficult-to-establish credit card merchant account should reduce the friction in throwing such an event. As long as you tend to carry the appropriate iDevice with In Ticketing's new app installed, you can marry it to that iAPS Sled you see above to create your own personal CC processing machine. The only issues? Convincing Gotye to play your house party instead of Coachella next year, and that awkward lack of support for Android, BlackBerry and Windows Phone.

Continue reading In Ticketing increases options for venues and promoters, as long as they're using iOS

In Ticketing increases options for venues and promoters, as long as they're using iOS originally appeared on Engadget on Thu, 26 Apr 2012 07:53:00 EDT. Please see our terms for use of feeds.

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