Wednesday, February 24, 2010

Time to get back up to date

After a very long hiatus, I'm going to brush the dust off this blog and get myself back up date on what has been going on in Mobile Payments world lately.

An excellent place to start is Wired magazine's recent article on the Future of Money:

The New Ways
to Pay

The credit card is in decline. Here are a few hints of what might replace it. — D.R.



Twitpay


Type a friend’s Twitter handle, a dollar amount, and twitpay to transfer funds to their PayPal account.

Zong


Instead of entering credit card information anew for every online purchase, users fill in their phone number and the charge shows up on their monthly bill.

Square


The latest from Twitter cofounder Jack Dorsey, this 3/4-inch cube turns any iPhone into a credit card reader.

GetGiving


This mobile app uses PayPal to enable charities to accept small donations without the usual exorbitant credit card transaction fees.

Hub Culture


Travelers can avoid the hassle and fees of swapping dollars for euros by transacting in virtual currency in this international network of workstations.