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Mobile payments: Retailers weigh cost of using Amazon’s system, even if price is right

Will book sellers, bike shop owners and electronics stores use Amazon as its payment provider if they are already worried about it stealing their business? Earlier today, Amazon rolled out a new mobile payments service that looks like a great deal. For an introductory period, lasting 16 months, Amazon will charge retailers 1.75 percent per transaction, and once that period ends, it… Read More

PayRange CEO Paresh Patel

Startup Spotlight: PayRange announces $2.7M round from PayPal co-founder, ex-Google Payments boss

PayRange, a startup that allows vending machines to receive smartphone payments, today confirmed a $2.75 million round and announced notable investors like former Google Payments head Osama Bedier and PayPal co-founder Max Levchin. We noted the fresh funding last month, but now the Portland-based company has revealed its investors, which include people like Bedier, Levchin, former Visa… Read More

amazon payments

Amazon beefs up its payments platform to compete against PayPal, Stripe

Amazon quietly unveiled a new initiative today that will encourage more companies to use its payments platform for the check-out process. The new offering is subtle, but will allow it to compete more directly with PayPal, which acquired Chicago-based payments gateway Braintree late last year for $800 million. It’s a big business that Amazon has been meddling… Read More

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Icahn now in favor of eBay having partial custody of PayPal

Let the custody battles begin. Shareholder activist Carl Icahn reversed course today, saying he no longer supported the idea that PayPal be completely spun off from eBay. Since January, Icahn has been pressuring the online retailer and payments company to sell its fast-growing payments business, and has been critical of how well the company’s board has… Read More

Marc Andreessen (Photo via Wikipedia)

EBay Issues ‘The Truth About Skype’ in response to Icahn’s Accusations

The Skype spin-off has become a core piece of evidence in Carl Icahn’s campaign to force eBay to spin-off PayPal into a separately traded company. In response, eBay issued a letter today, titled “The Truth about Skype,” which breaks down the list of allegations point-by-point. In addition, eBay’s director Marc Andreessen, who is accused of having a… Read More

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Burgers, fries and PayPal: Internet payment system rolling out at restaurants

Cash and credit cards are so last year. Kirkland-based Viableware today announced a partnership with PayPal, allowing customers to make purchases with PayPal at restaurants using the company’s handheld payment device. Viableware’s RAIL payment touchscreen interface, as seen to the right, mimics a traditional leather folder for restaurant bills. It allows guests to peruse a digital copy of the bill,… Read More

National Day of Unplugging

Nerd Notes: Gay marriage and sushi, printable guns, and a 5-year-old’s $2,500 iPad spending spree

Editor’s Note: Nerd Notes is GeekWire’s roundup of random geekiness from around the globe. National Day of Unplugging (NDU): Beginning tonight at sunset, and ending 24 hours later, citizens across the nation are encouraged to unplug from all media. Even GeekWire’s John Cook is giving it a shot. Participants are asked to share their reasons for… Read More

pinball

GeekWire Radio: Inside the world of pinball

We get to explore one of our favorite activities on this week’s GeekWire radio show and podcast, talking in the studio with a pinball competitor and a pinball collector representing the upcoming Northwest Pinball & Arcade Show in Seattle. Joining us are Dan Halligan, who has been collecting pinball and arcade games for 15 years… Read More

rudy's-barbershop

A faster way to pay for your haircut at Rudy’s

Mobile technologies are changing the way we do a lot of things, from reading books to taking photos to consuming news. Now, a new service being rolled out by PayPal and Erply promises to change the way you pay for your haircut, among other things. Rudy’s, the popular Seattle, LA and Portland barbershop chain, is one… Read More

yahoo

Yahoo picks PayPal president Scott Thompson as new CEO

Well, at the end of the day and after weeks of speculation, Yahoo didn’t go with a former Microsoft or ex-Amazon.com exec for the CEO post. Instead, the struggling Silicon Valley search and media company picked a guy with ties to PayPal. Yahoo today announced that it has named Scott Thompson as CEO. The former president… Read More