E-money blog

Google will launch new mobile payment system at I/O in May

Google is preparing for launch its new payments API that will be called Android Pay at its at its I/O conference in May. Android Pay will power in-store and in-app payments for third-party apps. Android Pay will be separate from Google Wallet, although they will have some compatibility. The service is expected to support both Google Wallet and Android-based mobile … Read the rest of this entry

Secrets can be sold for Bitcoin

Crypto-anarchist collective unSystem has launched a new black market where informants can sell secrets for bitcoin. Darkleaks, the new Bitcoin-powered black market, will make life easier for whistleblowers and blackmailers. Darkleaks could facilitate all kinds of disclosure, positive and negative, via an anonymous marketplace. The service is available to download online as a free software package and its source code has … Read the rest of this entry

Apple Pay faces difficulties with the adoption in China

Apple Pay may not be introduced on the Chinese e-commerce market anytime soon. The talks between Apple and Chinese financial players to launch Apple Pay in the country have stalled. There are three main factors slowing Apple Pay implementation in China. The first factor is allegedly represented by UnionPay, China’s state-owned card network, which is unwilling to agree to a … Read the rest of this entry

Facebook adds “Shop Now” button in Europe

Facebook has added option to add a call-to-action button, for example “Shop now” with a link to a product on its page. This feature was introduced in the US at the end of last year, but now it’s also available for companies in Europe. With the new call-to-action button at the top of the page, companies and online retailers can … Read the rest of this entry

The third Silk Road bitcoin auction is scheduled for March 5th

The United States Marshals Service announced that the third auction of Silk Road bitcoins will take place on March 5th. The government announced that it would be auctioning 50,000 bitcoin broken into two series. Series A is comprised of 20,000 total bitcoin divided into 10 lots. Series B is comprised of 30,000 total bitcoin and is also distributed into 10 … Read the rest of this entry

NFC and mobile payments

NFC (near-field communication) is installed on modern phones, in particular on iPhone 6, iPhone 6 Plus and Apple Watch, or tablets like the Samsung Galaxy S5 or a Nokia Lumia, and is designed to make mobile payments easy. NFC technology enables simple and safe communication between electronic gadgets, allowing consumers to make contactless transactions and get an access to digital content … Read the rest of this entry

Germany: Burger King offers mobile payment

Fast food restaurants chain Burger King is currently trialling a mobile payment service in Germany. The Burger King mobile payment platform is provided by Munich start-up Opentabs and is currently live in 17 locations across Germany.The app is available for iOS and Android. With mobile app, the clients can download the menu and select and pay for their order. When … Read the rest of this entry

Windows 10 would support the next version of FIDO

Microsoft has announced that Windows 10 would support the next version of the Fast Identification Online (FIDO) spec, that was designed to replace passwords, moving towards faster and more localized authentication methods. Currently, FIDO is supported by some companies in banking and tech, including Microsoft, Google, PayPal, and Bank of America. The system is aimed to protect biometric information through … Read the rest of this entry

How to combine online and offline trade

Online shops are worthy rivals of traditional outlets. However, in order to remain in the market, offline stores should not only open the online sale of their products. Online stores independent from the traditional trading platform rarely bring profits. In order to increase their share in the market, retailers must effectively combine online and offline channels of sales. Fact-Finder, a … Read the rest of this entry

Xiaomi will launch online stores in the U.S.

Xiaomi, the largest Chinese smartphone manufacturer, plans to open online retail stores in the U.S. The company already has a website for U.S. purchases called Mi.com. The Xiaomi store will open soon, but date are unknown at the moment. The Xiaomi store will be selling power chargers, headphone, health bands and other similar gadgets. ‘We can bring Xiaomi products to … Read the rest of this entry