Posts tagged payment
Mobile Payment App Square Pushes Forward With $27.5 Million Funding
Jan 11th
Square had a bit of a rough 2010, but it looks like things are turning around for the mobile payment company. The Wall Street Journal reported this morning that the company just closed a new $27.5 million round of funding, quadrupling its valuation and setting it up for the year ahead.
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Over the past year, Square, which was founded by Twitter co-founder Jack Dorsey, has run into a series of snags, from credit card dongles that didn’t work with the iPhone 4 to a lawsuit over the origins of that self-same dongle.
While we commented that the temporary fix to the iPhone 4 dongle (a piece of paper) didn’t inspire confidence in a realm where confidence is already hard to come by, Sequoia Capital appears to see things different – to the tune of $27.5 million. The funding raises Square’s previous valuation of $45 million to around $240 million. As part of the funding deal, writes Pui-Wing Tam for the Journal, “Sequoia Capital venture capitalist Roelof Botha, a former CFO of PayPal and one of the investors who backed online video site YouTube, will join Square’s board.”
When we first wrote about Square six months ago, the common refrain was “Who would trust using their phone to make payments?” Now, there are a number of other companies getting into the mobile payments game, as our own Sarah Perez surveyed earlier today, and the funding is indicating a confidence on at least one important end of the spectrum.
According to the WSJ, Square has also seen anywhere from 30,000 to 50,000 companies sign up to use the service since it opened its doors last October. With companies signing up, funding coming in the door, we only have to wonder one thing – how long will it be before we actually run into this thing in real life? Have you, for one, paid for anything using something like Square?
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Google Working On NFC-Based Mobile Payment Service: Report
Jan 4th
Google has its eyes on a mobile payment service that would allow users to pay for common goods and services by waving or tapping their mobile phones. That’s according to a BusinessWeek report that cites “two people familiar with the plans.” BusinessWeek’s sources say the…
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Google Prepping A Payment System For Newspapers: Report
Jun 17th
Via paidContent comes news that Google might launch a micropayment system for newspapers by the end of the year. paidContent references this article from the Italian newspaper La Repubblica, which says Google is encouraging publishers to try out a system called NewsPass.
In its article, paidContent describes NewsPass like this:
La Repubblica says that, with Newspass, people [...]
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Why is SEO payment often based on PPC(Pay Per Click) not sale amount?
Apr 4th
Ich persönlich glaube, dass die Zahlung durch den Betrag aus dem Verkauf mehr wissenschaftlich ist. Ideen?
