Right now, I owe my best friend $25 for a They Might Be Giants concert ticket and $27 for a Magic the Gathering pre-release tournament, my boyfriend $40 because I had to order a new debit card and destroy my old one after someone used it to spend $500 at Walmart.com, and my mom $300 […]
The United States Department of Homeland Security shut down Mt. Gox’s ability to accept or send transfers using mobile payment service Dwolla last night. According to the warrant, a Homeland Security special agent believes Mt. Gox is guilty of the crime of operating an “unlicensed money transmitting business.” After an undercover informant used the service […]
What was once most prevalent as an easy way for food trucks and farmer’s market stands to take credit cards has made its way into brick and mortar business as the register of choice. Square changed the way people can take and give payments to business, allowing for quick and easy mobile payments, and now […]
Unless you’ve been living in a self-imposed media blackout throughout 2013, you’ve seen and heard bitcoin become a mainstream news topic. With its higher profile comes an inevitable increase in popularity and acceptance as payment. For example, DWI Attorney Jay Cohen of Houston, TX now accepts bitcoin. In Cypress, the world’s first Bitcoin ATM is […]
Hey, remember these guys? No, not those guys. These guys. The Winklevoss twins, most notable for trying to lay claim to much of Facebook’s profit, has invested a lot of money in Bitcoin. That may not seem like such a big deal, but Cameron and Tyler Winkelvoss didn’t just lose out on Facebook billions and […]
Royal Canadian Mint challenges software developers to help create innovative new applications for digital payment with their MintChip Challenge. The incentive is payment of over two pounds of pure gold, spread out over seven different prize categories that include Best Micropayment Application, Best P2P (person to person) Application, and three Best Overall Application awards. All […]
Not to be outdone by startup company Square, Inc.’s popular credit card processing service for the masses, PayPal introduces PayPal Here. The new service, announced just last week, reports over 1,000 new signups per hour. Unlike Square’s service, which requires a plastic cube-shaped dongle to swipe credit cards through (with an option of manually keying […]
It seems the US government has less “cash on hand” than Apple.
If you’ve been following the news recently, you’ve probably seen at least a mention of bitcoin. The latest was negative press about hackers compromising a major Bitcoin trading web site and plunging the value of the virtual coinage from around $17.50 per coin to around one cent. But what’s the fascination with bitcoin and is […]
Yesterday saw the launch of the brand new startup PriceAdvice, which has a unique twist on the concept of deal hunting. Not only does the self-proclaimed “virtual blue book” site give you an overview of what the typical price range is on the device you’re looking for by combining information from a variety of different […]
