Vantiv, a provider of mobile payment solutions, announced a new point-of-sale product on Friday that it will be rolling out in partnership with Verizon Wireless. The product, which is currently in field testing, includes custom tailored applications and an Android-based point-of-sale solution for accepting payments. The applications will be available in Verizon’s Private Application Store for Business. “Merchants and consumers are seeking greater mobility, control and timely access to data,”...

While it seems that most are flipping a coin as to whether or not the upcoming iPhone will have NFC capabilities, BGR has just been given some information from multiple Apple sources that could possibly sway the argument in favor of an imminent NFC-capable iPhone… contrary to recent reports. First off, Apple’s POS devices — its iPod touch-based wireless payment terminals — recently all went offline for “maintenance” for an entire day, leaving customers unable to purchase some item...

The mobile payment revolution is coming. Within the next five years, there is a very good chance you will be paying for goods and services with your cell phone. The topic has gotten quite a bit of coverage as of late, of course, with several top manufacturers and banks talking up eWallet services. Google has included NFC support in its Nexus S smartphone and, more importantly, in Android 2.3; Research In Motion has committed to including the technology in its future smartphones; Samsung has included NFC in ...

In an attempt to combat what it is referring to as “merchant resistance,” payment solutions company Verifone has taken an unprecedented step with NFC (Near Field Communications) technology. The company will begin to include NFC in all new POS (point-of-sale) systems deployed to merchants. “The retail point of sale represents a point of convergence for smartphone-initiated payments, social networking and electronic couponing, but it won’t happen if retailers are expected, on faith, to...

Today, AT&T, T-Mobile, and Verizon Wireless officially took the wraps off of their rumored mobile payment service. Dubbed ISIS, the new “mobile commerce network” aims to use NFC (near-field communication) technology to make mobile phones the preferred method of payment for consumer point-of-sales transactions.“While payments are at the core of the offering, it is only the start,” reads the press release. “Isis intends to deliver a complete mobile wallet experience that goes ...

Thanks to a tip from one of our trusty Ninjas, we’ve received word that AT&T’s entire East Coast POS system is down. Details are admittedly a bit scant at the moment, but from what we can gather all transactional systems are offline at the moment. What this means, essentially, is that any and all sales, i.e. bill payment, upgrades, new line activations, and more, are basically impossible to execute. No word from AT&T themselves as to when we might expect a fix, but given the systemic natur...