Competition and activity continues to heat up in the mobile payments market. UK-based mPowa — a mobile payments provider that, like Square and others, provides a dongle that merchants can attach to a mobile device to process card payments — has signed a white-label deal with Portugal Telecom for the carrier to resell mPowa’s services as the centerpiece of its own mobile payments solution. The… → Read More
Square is gearing up to launch its first international services by the end of this year, but in the meantime, one of its many dongle-based mobile payment competitors is building up outside of the U.S. Today mPowa — who you may recall from “hand-gate” — announced that it has signed a white-label deal with First National Bank in South Africa to offer its payment device in the country. The exact… → Read More
While the eyes of the world are focused on the global competition in London at the moment, it’s still quite rare to hear of English start-up entrepreneurs able to successfully compete globally with the Yanks. But one London based entrepreneur who might buck this trend is Dan Wagner, the founder of the successful publishing platform M.A.I.D and the current chairman of Bright Station Ventures. → Read More
They say imitation is the sincerest form of flattery, but Square is definitely feeling insulted right now. The well-funded and popular mobile-payments startup has issued a cease and desist letter to UK-based mPowa, a newer mobile payments company that offers a device very similar to Square’s — plugging into a handset or tablet to enable point-of-sale (POS) mobile payments. But the complaint… → Read More
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