Bank of America Enters Mobile Payment Market

Written By Lynn Oldshue
Posted on November 14, 2012 by Lynn Oldshue

Bank of America has introduced a mobile payment system that turns smartphones and iPads into credit card readers. The "Mobile Pay on Demand" service is a joint venture between the bank and payment processor First Data. It will become available … Continue reading →

LowCards Weekly Credit Card Update October 12

Written By John Oldshue
Posted on October 12, 2012 by John Oldshue

Wal-Mart and AmEx in Prepaid Card Deal Wal-Mart Stores is taking another leap into the banking world, announcing on Monday a prepaid card and debit account with American Express that will give low-income consumers access to features like smartphone deposits. … Continue reading →

Groupon Introduces Credit Card Payment Service

Written By Natalie Rutledge
Posted on September 19, 2012 by Natalie Rutledge

Today, Groupon launched a payment service that enables merchants to accept credit card payments using a card reader attached to an iPhone or iPodTouch. By entering this market, Groupon Payments will take on the two leaders, PayPal and Square. Groupon … Continue reading →