Kwixo. How Visa Plans To Dominate Mobile Payments, Create The Digital Wallet And More. It’s no secret that credit card companies are shelling out big bucks and aggressively forming partnerships and deals to start cashing in on the mobile and digital payments innovations currently taking place. American Express, which recently debuted its own digital payments product Serve, has been particularly aggressive on the partnerships front, striking recent deals with both Foursquare and Facebook. Mastercard has bet on NFC with a partnership with Google for Google Wallet and bought online payments gateway DataCash for $520 million last fall. And Visa has made a number of major moves in the mobile and digital payments space of late; including making an investment (and taking on an advisory role) in disruptive startup Square, buying virtual goods payments platform PlaySpan for $190 million, and acquiring mobile payments company Fundamo for $110 million.
Mobile Credit Card Swiping Battle Continues: A Look at 4 Rival Technologies. Square, the mobile payments company launched in 2009 by Twitter co-founder Jack Dorsey, is the name most often bandied about in tech circles these days when it comes to talk of credit-card swiping attachments made for iPhone.
But Square was never alone on the mobile payments battlefront, and now it has a new competitor backed by a well-known brand name: Intuit. Today Intuit is making its two-year-old premium GoPayment service free - a service which comes with a magnetic stripe reader attachment that hooks onto the iPhone, similar to the one Square offers.
Intuit GoPayment Intuit's GoPayment's offering is a combination of a mobile application and, optionally, a magnetic stripe reader that attaches to the phone.