payments

Sarah Mishkin

Square, the payments processing start-up, is looking for new users for its credit card device among the US’s growing Latino community.

The company, co-founded by Twitter’s Jack Dorsey, is today unveiling Spanish language support and software in hopes of tapping into the purchasing power of America’s more than 50m Latinos. Read more

Wall Street is predicting a good showing from Facebook on Wednesday when it reports financial results for the fourth quarter of 2012, and the full year.

Investor sentiment towards Facebook appears to have shifted towards a cautious optimism in the last quarter, with the company’s stock price rising back above $30 for the first time since its initial public offering in May, when shares were priced at $38, then quickly fell below $20.

Brian Wieser of Pivotal Research Group predicts the stock will pop after the next couple of earnings reports, then “come back to earth” as the market better understands the company.

This quarter, Facebook’s revenues will reflect advertising purchases related to the November presidential election and the holiday shopping season. Analysts are expecting the social network to report earnings per share of 15 cents on $1.53bn of revenue. For the full year, estimates average at 52 cents earnings per share on $5.03bn in revenue. Read more

Maija Palmer

Coffee and techies go together like donuts and policemen, one the voracious consumer of the other. They have named programming languages after the stuff.  And so the alliance between Starbucks and Jack Dorsey’s Square mobile payments start-up seems quite natural.

Starbucks has never been shy of experimenting with technology, having been one of the first US coffee shop chains to offer customers free wi-fi access. Starbucks also has its  own mobile app, which allows customers to pay for their coffees using a phone. Although these mobile payments are still just a tiny fraction of overall revenues, it is considered one of the most successful mobile payments systems in use so far.  Read more

Tim Bradshaw

Listen carefully in the City of London and, very faintly, you may be able to hear the bell ringing for round two of Facebook’s simmering battle with Apple over mobile apps.

Bango, a small mobile payments firm, quietly announced to the stock market on Wednesday that it has “signed an agreement to provide payment services to Facebook”. Read more

Maija Palmer

mobile walletNow there is another mobile wallet to add to consumer confusion. The UK’s three largest mobile operators, Vodafone, O2 and Everything Everywhere, on Thursday said they had teamed up to create a single platform for making payments by mobile phone. Read more

Richard Waters

It’s easy to see why Google and its rivals would have their eyes set on mobile payments, but less easy to see how they can break into this market. With its Google Wallet announcement on Thursday, the search company has just come up with an answer. Read more

Richard Waters

Jack Dorsey, the creative talent behind Twitter, has clearly taken a leaf from Steve Jobs’ playbook. But revolutionising in-store payments will be a lot harder than persuading people to pay for digital music. Read more

David Gelles

Part of Amazon’s success is attributable to the ease it has brought to the payments experience. Shopping on Amazon.com is made simple by Amazon storing much of a customer’s checkout information and minimising clicks, and a few years ago Amazon rolled out Checkout, which lets users on other websites pay using their Amazon credits or payments information stored on Amazon. (Amazon doesn’t reveal Checkout has been successful.)

Now Amazon has released a Mobile Payments Service. The programme will let e-commerce sites integrate the Checkout experience into sites designed for mobile phones, presenting yet another option for developers who are eager to encourage more mobile-commerceRead more