Target customers are now able to store gift cards electronically and make in-store payments using their mobile phone. The Minneapolis-based retailer introduced their Mobile GiftCard last Tuesday, which allows customers to store their gift cards on the Target.com mobile side. When the customer wants to use the gift card, they access the Target site, log [...]

VeriFone announced today that it has developed a mobile payment card reader designed specifically for the iPhone.
Initially, the card reader will be shipped to current VeriFone merchants in January, and will also sell the service directly and through third-party organizations. Independent sellers and acquirers will have their own pricing.
Two weeks ago, Twitter’s Jack Dorsey announced [...]