New mobile payments companies like Square have added millions of new merchants to the lists of the traditional card networks like Visa and MasterCard....
PayAnywhere's new strategy of spending big on marketing comes more than a bit too late. Square has now become synonymous with mobile credit card acceptance....
Visa, an early investor in Square, is holding off approval of rival mobile payments services in Europe. Is it in anticipation of an upcoming Square launch?...
Mobile Pay on Demand, as BofA's Square clone is called, looks every bit the underdeveloped, uncool and secretive copycat you would expect a big bank to produce....
When people don't understand what's going on, they're likely to feel cheated; so even if their complexity is justified, interchange tables need to be downsized....