A couple of days after Facebook’s annual developer’s conference, Instagram has now added a new feature to its app. Without making any big announcement, the photo-sharing platform added an in-app payments feature for a few accounts. The feature lets users add a credit or debit card and a pin. After the initial setup, users can make purchases from within Instagram.
Currently, users are able to book appointments at restaurants, spas through a Resy, a third-party dinner reservation app. With the new feature, users will be able to book services from a limited number of businesses on the platform. In March 2017, the company announced its plans to give business [...]
After stepping in the e-commerce market, Paytm is geared to diversify into the offline space. The digital recharge start-up has partnered with thousands of quick service restaurants (QSRs) in major cities of India to provide cash-less service in the next two months. By stepping in offline retail business, the mobile recharge service will offer customers a choice to pay through their secure platform without the need to carry cash.
The Vice-President (Business) of Paytm Amit Lakhotia stated on the same –
We are now foraying into the offline space. We have partnered various QSRs [...]
Over the weekend, HTC announced that it has licensed several Apple patents for 10 years, and will pay the company an undisclosed amount per phone sold to use several features in its Android devices. The agreement came after a several year patent battle between the two companies, in which Apple accused HTC of patent infringement and even managed to delay the release of its One series devices in the U.S. through an import ban. While the statement also referred to “cross-licensing” of a select number of HTC patents, likely pertaining to LTE technologies, Apple is expected to be the ultimate winner in this deal.
Apple may be willing to spend millions in court over some copyright fights, but it has learned the lessons of history and has decided not to mess with the Swiss.
Last month, Switzerland’s railway operator SBB took Cupertino to task for stealing the design of its clock for iOS 6’s Clock app. Now the world’s favorite fondleslab manufacturer has agreed to pay up and license the design from SBB, rather than risk the wrath of the Swiss railways.
The iPad Clock app, according to an SBB spokesperson, was “an unauthorized use by apple,” [...]
The Wimm Module has been developed by Wimm Labs to be an extensible and customizable touchscreen module that can be incorporated into devices such as watches, remotes, and other modules that can be small enough to be integrated with wearable products.
The device sports a 1 inch square, full colour 160x160px capacitive touch screen display and its wifi and bluetooth ready versions also feature an accelerometer as well as a magnetometer. The devices run a modified version of the Android operating system and are compatible with most devices running Android, Blackberry or iOS.
Paypal usually not preferred by Sellers has announced a new Mobile-Mobile NFC payment system at the Mobile Beat 2011. NFC equipped Device owners, majorly Nexus S, can accept transactions from other NFC equipped devices.
Currently the functionality is limited – there is only the Nexus S which is supported- and only specific type of transfer requests can be made. Paypal promises its working hard to roll out the system more commercially. Also to note – Inter-Mobile transactions will be free of cost especially if you are using a tied bank account or Paypal credit.
The app [...]
According to Deutsche Bank analyst Kai Korschelt, The dying breed Nokia stands to sustain in the market thanks to is greatest rival today – Apple. Apple and Nokia announced early on Tuesday that they had reached an agreement regarding a series of patent disputes filed by each company over the past few years.
Korschelt estimates that Apple will give Nokia a $608 million lump-sum payment up front. post that, Apple will like pay Nokia a 1% royalty on all iPhones sold each quarter as a licensing fee. At the current market sale rate, the fruit company will pay the team at Espoo a whopping $550 Million in yearly [...]
Google Inc. has officially announced the NFC based Mobile wallet payment service, in the United States. The Service comes with tie-ups and offers from retail and financial partners including Subway, Macy’s, Walgreens, Toys ‘R Us, First Data, Citibank and MasterCard.
At the Get go Nexus S 4G will be the only compatible phone, “over time, more phones will be supported” and Google even suggested that phones without built-in NFC could simply use an NFC sticker (the Google Wallet app itself will work on non-NFC phones as well). Only Citi MasterCard or Google Prepaid Card with the service, the Google prepaid card can be purchased through any existing [...]