Amazon takes on Square and PayPal Here with $10 smartphone cardreader & lower fees

Small businesses looking to take occasional card payments without paying monthly fees now have a third option as Amazon has launched Local Register to compete with Square and PayPal Here – as we predicted last month over on 9to5Mac. The $10 card-reader is currently only compatible with the Samsung Galaxy S3, S4 and S5, along with the Kindle Fire HD and HDX tablets, but more devices are expected to be added.

Amazon is undercutting both competitor services with a flat fee of 2.5 percent per transaction (vs 2.7 percent for PayPal Here and 2.75 percent for Square). Not enough? Amazon is sweetening the deal with a special introductory rate of 1.75 percent until the end of 2015, and will also credit the $10 cost of the cardreader in full against transaction fees …  Read more

Google leaks ‘Google Wallet card’ on Eligible Devices page

9to5Google previously detailed a leaked version of Google Wallet that plans to soon introduce a physical Google Wallet card, but a new leak today adds another layer of credibility to the piling speculation.

As noted by TechCrunch, Google let the cat out of the bag again today on its “Eligible Devices” page under the Help section of the Google Wallet website. The page listed all of the Android devices “eligible to download the Google Wallet app for use with the Google Wallet card.”

Last week’s leaked screenshots of the Google Wallet app also called the physical cards “Google Wallet card.” With that said, Google’s Eligible Device page no longer mentions them. It seems Google has promptly corrected its mistake. Hmm.

Check out the updated webpage below. 

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Discover is the first to implement Google’s ‘Save to Wallet’ API, makes adding cards easier

Google rolled out its Google Wallet web app at the beginning of the month and introduced support for all major credit cards, including Visa, MasterCard, America Express, and Discover, at the same time. Today, the company announced on the Google Commerce blog that Discover Card is the first to implement the new “Save to Wallet” API for credit and debit card issuers.

Discover securely transmits all required information directly to Google Wallet. You can then select your Discover Card to be the primary method the Google Wallet app will use for in-store purchases, or when shopping online from Google Play or other merchants that accept Google Wallet. You’ll continue to earn rewards on every purchase you make. Discover has also provided Google Wallet with card imagery for the Discover More® Card, so you can easily identify your virtual Discover card in your mobile wallet.

Google demoed the new API during its full Wallet session at Google I/O in June. The feature allows card issuers and eventually other partners to provide a “Save to Wallet” or “Add Your Card” option in their website or application to securely transfer card and account information to Google Wallet. Google said the API would eventually extend to saving Offers in addition to payment cards.

To save a Discover Card to Google Wallet, follow the instructions below:

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Google disables provisioning of prepaid cards on Google Wallet, says service is safer than plastic cards

Hackers uncovered an issue this week with Google Wallet on routed phones. The hackers found that pin numbers for Google Wallet on rooted phones can be cracked with simple software. Google quickly released a statement and said it is working on a fix. Meanwhile, a hack also released for non-rooted devices, which is a huge safety concern. Late last night, Google released a post on its Commerce Blog giving a little more of its view on the matter.

Google announced that it would disable provisioning of prepaid cards. This will help if you ever lose a phone and someone wants to use your prepaid card to make purchases. This is a temporary solution, but Google is still looking for a permanent fix.

Google also reminded us that it offers a toll-free line if users ever have a concern or question about Google Wallet accounts. The support line is open 24/7.

Google also said that Google Wallet is safer than plastic cards and folded wallets. The company even talked about the security concerns’ rooting an Android device creates:

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