Square's latest acquisition is aimed at making it easier to collect money from friends. The mobile payments company announced Wednesday that it had bought the startup Evenly, which designed an easy payment app.
"At Square, we are committed to creating a better experience for our merchants by helping them focus on their customers, rather than on the payment itself," Square product engineering lead Gokul Rajaram said in a blog post. "Evenly's app made it easy for anyone to send or collect payments from friends, anywhere, anytime. But more importantly, the team showcased the importance of … Read more
Leaked from today's 404 episode:
- CryptoLocker: a new virus that takes computers hostage, demands BitCoin for ransom.
- Square Cash lets anyone send money by e-mail -- for free.
- A dating site that finds love for the mentally ill.
- Amazon profits off books defending Holocaust denial, rape, incest, and bestiality.… Read more
The mobile payments race took an interesting turn today with an announcement from VeriFone and PayPal.
VeriFone, the business-focused electronic-payments company, unveiled a partnership that brings eBay-owned PayPal's merchant services to VeriFone's PayWare Mobile iPhone application.
PayWare, which is aimed at small businesses, consists of a hardware add-on and complementary iPhone application that turn a mobile handset into a credit card reader. With the new PayPal partnership, PayWare will accommodate PayPal payments as well as traditional credit-card transactions, and PayPal will market PayWare to its user base of business owners and eBay sellers. In addition, PayWare will now … Read more