Uber aims for $90bn stock market debut

Posted by & filed under Payment Technology, Uber.

Uber has revealed that it is seeking a valuation of $90bn (£70bn) in its much anticipated stock market flotation. The taxi-app firm has said that its shares will be priced at between $44 and $50 each, with the share issue set to raise about $10bn. As part of the offer it will sell $500m worth of… Read more »

Will India go cashless if mobile payments take off?

Posted by & filed under App Economy, Competitive Advantage, Consumer Technology, Emerging Technologies, Payment Technology.

For the last 25 years Binod Upadhyay has been earning a living driving an auto-rickshaw – a yellow and black motorised three-wheeler taxi, a popular form of public transport in India’s financial capital, Mumbai.  As soon as he arrives at a destination he immediately turns round to check if the customer is pulling out a… Read more »

Starbucks is morphing into a tech company

Posted by & filed under IT Strategy, IT Trends, Payment Technology.

It’s official. Starbucks wants you to think of it as a technology company, not a coffee retailer. Starbucks is serious about becoming a mobile payment giant that can compete with the likes of Apple (AAPL, Tech30), PayPal, Google (GOOGL, Tech30) and former Starbucks partner Square. During a conference call with analysts Thursday, January 22nd, 2015,… Read more »

How Apple Pay works

Posted by & filed under E-Commerce, Payment Technology.

Apple Pay uses a tiny internal antenna along with touch ID to charge your credit card. But how safe is it? Source CNN Money Date: October 21st, 2014 Link:http://i.cdn.turner.com/money/.element/script/7.0/players/embed.js?videoid=/video/technology/2014/10/20/how-apple-pay-works.cnnmoney Discussion 1) Google Pay has been around since 2007 according to the video, so why does Apply stand a better chance at success? 2) You have… Read more »