On Twitter:

Proud to be working with Google --> "Google closes Checkout, pushing thousands of merchants to Braintree" pandodaily.com/2013/05/20/goo…

— William Ready (@williamready) May 20, 2013

On the web:

• Square will challenge PayPal with its own peer-to-peer cash service - GigaOm - "We reached out to Square to get more details on the mysterious service, but the company isn’t revealing any more details for now."
• Google closes Checkout, pushing thousands of merchants into Braintree’s arms - PandoDaily - "For customers without their own way to process payments in-house, Google has partnered with Braintree, Shopify, and Freshbooks to offer discounted migration programs."
• Email Money to Friends With Square Cash (But Only if You Work For Twitter, Pinterest or Box) - AllThingsD - "Ultimately, this could be a faster way of getting more people to link up their checking accounts to Square’s service…"
• Bitcoin 2013 in review - CoinDesk - "The more than 1,000 Bitcoin enthusiasts who converged on San Jose were an impassioned bunch — some fired with the excitement of getting in on something big the ground floor…"
• ATM Cash-Outs: A Major Escalation - Portals and Rails - "This highly sophisticated and coordinated attack is a game changer for the security controls of all types of card management applications." Google I/O payment announcements: is a revolution with no insurgency possible? - TekFin (Yann Ranchere) - "The more interesting announcement was in my view Google Instant Buy…"
• How Amazon's Rising Headwaters Could Threaten Google - ReadWrite - "I’m convinced the day will come — sooner rather than later — when Amazon unleashes its data and announces itself as an advertising powerhouse."
• Google takes lessons from PayPal, Apple’s Passbook to drive mobile wallet adoption - Mobile Commerce Daily - "Google Wallet Objects is similar to Apple’s Passbook in that it enables developers to integrate their loyalty programs and offers into Google Wallet…"
• Apple retail revenues per visitor reach new record - Asymco - "In the US, on a sales per square foot basis, Apple retail continues to perform twice as well as Tiffany & Co…"
• NFC mobile payments – fixing the big issues - Mobile News - "The widespread introduction of NFC-based mobile payments could be delayed for years as retailers, operators and finance firms continue to disagree on how best to implement the system and the logistics of making payments."
• Mobile Payment Startup Payvia Buys Mogreet To Add Messaging-Based Marketing To Its Payment Platform - TechCrunch - "Payvia says that it has the largest direct carrier connected messaging and mobile payments platform in the U.S..."
• GrubHub to Merge With Seamless as Food Orders Go Mobile - Bloomberg - "Food-delivery sites and mobile applications are gaining in popularity as more people order their meals online..."
• Harnessing the Remittance Boom - "Adding up the cost of the transfer, travel, and time, remittances are far too expensive for people living in poverty."

On the wires:

• Intuit Realigns Organization to Accelerate Growth - "The new structure comes as the company increases its focus on two strategic outcomes: being the world’s small business operating system, and providing winning solutions to do the nations’ taxes in the U.S. and Canada."
• Tabbedout Now Offers Google Wallet as a Payment Option - "For a limited time, when a user pays with Google Wallet in the Tabbedout app, they'll get $7 off their next tab."
• Huntington Bank Introduces Commercial Card Featuring Payables Automation and Monthly Rebates
• NCR and LevelUp to Take Mobile Payments to More Restaurants - "NCR understands what it takes to help restaurants keep pace with technology, and by integrating LevelUp, we are helping them get the great tools they need to run their businesses better."
• PayAnywhere Launches Phase Two of Aggressive Retail Channel Rollout - "The partnership takes the PayAnywhere mobile point of sale (mPOS) solution beyond the big box retailers the company announced partnerships with in 2012…"
• CorFire™ and OLO Partner on Integrated Mobile Commerce Solution for Restaurants - "Instead of requiring separate mobile apps for mobile payment and mobile ordering, this integration will provide brands with a one-stop shop for all forms of mobile customer engagement through the industry’s proven, best-of-breed providers."

On the web:

• Coinsetter Lands $500K To Help Bring Leverage, Shorting To Bitcoin Trade - TechCrunch
• UnionPay Cards To Be Accepted In Turkey - Cards International
• Intuit GoPayment Adds Card Scan Feature - GadgeTell

On the wires:

• ADP Renews Agreement with Visa amid Rising Adoption of U.S. Prepaid Cards
• Nomis Solutions Announces Payments Pricing and Profitability Solution
• MoneyGram and First National Bank Launch Mobile Money Transfer Service in South Africa
• SecureNet Exceeds $19 Billion in Annual Processing, Announces Four New Partnerships
• Virgin Atlantic Welcomes Chase Ultimate Rewards Cardholders Onboard

Swizznet announced it is expanding its offerings by to offer cloud-hosted QuickBooks Point of Sale 2013 for both single- and multi-lane environments.

The multi-lane capability allows retailers with more than one cash register to utilize the service -- whether it's at multiple locations or multiple points of sale within one store. With multi-lane, retailers benefit from instant access to financial data that gives a complete picture of all of their sales and inventory from all points of sale. Swizznet, the most technically sophisticated of online accounting providers, collaborated with Intuit for months on cloud-enabling multi-lane.

On the web:

• RBS and NatWest Launch Visa-based Mobile P2P Transfers (UK) - Guardian
• Google Organizationally Moves Google Wallet Inside Google Advertising Group - WSJ.com
• Intuit Rolls Out Mobile POS Solution In Europe, Starting First In The UK - TechCrunch
• Mobile Payments from Western Union Make It Easier To Pay Bills - Mobile Commerce News
• UnionPay To Widen Global Issue Of Single-Branded Cards - chinadaily.com.cn
• PayPal Debuts PayPal Here "Register" App for iPad - AllThingsD

On the wires:

• BBVA to Start JCB Merchant Acquiring in Spain
• eLayaway Integrates PepperJam Exchange Network and Welcomes Dazadi to its eLayawayMALL
• Virgin Atlantic Airways further strengthens payment security with Semafone

Payvement, a leading eCommerce enabler on Facebook, has announced that it is shutting down and transitioning it merchant based to Ecwid. But TechCrunch has the backstory:

Earlier today Facebook ecommerce platform Payvment announced it was shutting down and transitioning its 200,000 merchants to competitor Ecwid, but we’ve just discovered that’s because Intuit is acquiring Payvment’s team, technology, and patents.

Full TechCrunch story is here.

On the web:

• Jack Dorsey Explains: Why Square Is Getting Into Gift Cards - WSJ
• Can a Computerized Credit Card Disrupt the Payment Industry? - PCMag.com
• PayPal Launches Prepaid “PayPal My Cash Card” for Cash-Preferred Customers - TechCrunch
• Earthport Partners With Bank Of America for Cross-Border Payments - RTT News
• ‘European Square’ iZettle Expands To Spain, Taking Total Markets To Seven - TechCrunch
• The Interchange Fee Cap: One Year Later - Portals and Rails

On the wires:

• Bango Launches Carrier Billing for Google Play
• Intuit GoPayment Unveils New Features to Help Small Businesses
• Seamless Enters into Agreement with Nordic Service Partners
• IdentityMind Releases Anti Fraud add-on Module for Zen Cart
• Payment Alliance International and Planet Payment Announce Strategic Partnership
• EUFISERV Expands European and Global Coverage with PULSE Global ATM Network
• EVO Payments International Acquires PowerPay
• Cardtronics Canada Growth Continues With Acquisition

Intuit has announced the its newest point-of-sale product that integrates with GoPayment mobile payment processing support.

“With 10 years of point of sale experience, we understand the challenges small retailers face when trying to grow their business,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “By integrating QuickBooks Point of Sale 2013 with GoPayment, we’re liberating retailers from their cash registers so they can better serve their customers and ring up more sales both in the store and on the go.”

Intuit has launched MoneyDue, a free app that turns business appointments into payment reminders on iPhone and iPod Touch devices. "The new app from Intuit PaymentNetwork uses the calendar feature on the iPhone or iPod Touch to convert calendar appointments into payment reminders, and gives small business owners the ability to see payments owed and payments received through their calendar appointments."

On the web:

• Remittances: Over The Sea And Far Away - The Economist
• Meet Google's New NFC Payment Card, Beba - The Next Web

On the wires:

• NYSE Euronext To Acquire Corpedia Corporation
• U.S. Bank Releases a Cobranded Credit Card App for Android
• GoPayment Uses Geolocation to Help Small Businesses Determine Local Sales Tax
• SelectCore to Offer Third-Party Gift Cards Through Retail Network
• Scoutmob Lands $3.25 million in Financing and First Data 'OfferWise' Integration

According to a recently released Intuit GoPayment survey, 55% of the nation’s 27 million small businesses do not accept credit cards.

Intuit estimates that each business that does not accept plastic misses out on approximately $7,000 in sales annually, equating to approximately more than $100 billion in collective lost revenue. This missed opportunity represents a combination of new sales and sales that go to other businesses that accept credit cards.

On the web:

• Best Buy Needs ‘Integrated’ Mobile Plan CIO Report - WSJ.com
• Intuit Acquires M-Payments Provider AisleBuyer - PaymentsSource
• Mobile Card-Processing Machines for Marketers on the Road - New York Times
• Book corner - “Money, Real Quick - The Story of M-PESA” - Tomorrow's Transactions
• Discover extends mobile strategy with new iPad app - Mobile Commerce Daily
• Is mobile the way we'll all be paying? - The Telegraph (UK)
• A Look Into Card Brand Network Enhancements - Litle Blog

On the wires:

• Smart Card Alliance Announces New Certification Training for Payments Industry
• First Data Releases March 2012 SpendTrend
• FIS Launches Prepaid Travel EMV Cards
• Vindicia Expands Usage Billing Support
• U.S. Bank Introduces Ace Rewards Visa Application for iPhone

Over on Payments Views, Glenbrook's Erin McCune blogs about the recent PayPal Here announcement, and her take on what it means to Square and the Square Wannabes.

The story here is simplicity. The merchant fee for PayPal Here transactions is 2.7%. Slightly lower than Square, and about the same as Intuit GoPayments. The big differences is access to funds. Just like online merchants, offline merchants are credited sales into their PayPal account in real-time as purchases complete.

Intuit has announced that GoPayment has been enhanced for political donations.

“We saw a need to help fundraisers significantly increase their political donations, especially at events or when going door-to-door, when not everyone has cash or checks,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “We’ve enhanced GoPayment specifically for campaign donations. With just one swipe, fundraisers can easily increase their donations while collecting all information needed to help them meet their reporting requirements.”

On the web:

• Does Square Have A Doppelganger In The UK? Meet mPowa - paidContent
• O2 Wallet Delayed For More Tests as Rivals Ready New Initiatives - Mobile Today
• Make and Accept Mobile Payments with Square's Card Case - Mobile POS News
• Popular Barcode Scanning App ShopSavvy Launches Mobile Marketplace - TechCrunch

On the wires:

• Chase Launches Disney’s Premier Visa Card
• New, Free GoPayment Credit Card Reader Now Available
• Leading Global Prepaid Provider Offers State-of-the-Art Loyalty Solutions
• NetSpend and 7-Eleven Announce New Prepaid Card Distribution Agreement

Intuit has announced that it plans to take its free GoPayment mobile credit card app and card reader hardware global, with the first implementation in Canada. In addition, Intuit will soon begin shipping a free, newly-designed GoPayment Card Reader in both the U.S. and Canada.

This innovative card reader is a compact, cylinder-shaped device that helps maximize sales with new features that increase the accuracy of each card swipe. Providing greater security than available on other devices, it includes best-in-class, end-to-end encryption that protects a customer’s sensitive credit card data from the moment a card is swiped.

GoPayment for Canada and the new GoPayment card reader will both be available in early 2012.

As part of its GoPayment mobile payment offering, Intuit has announced the launch of the Intuit GoPayment Prepaid Visa Card.

“The GoPayment Card adds new value to those using GoPayment. In addition to helping them get paid, we’re helping them make payments,” said Chris Hylen, vice president and general manager of Intuit’s Payment Solutions division. “This is just the beginning. Intuit will roll out new, innovative features for GoPayment that help users make payments in a variety of ways.”

On the web:

• Intuit says Mobile Payment 'Swipes' Will Go Away, But NFC Probably Not The Solution - Forbes
• Scan Your Groceries on Your Own Mobile Phone with a Grocery Shopping App - Mobile POS News

On the wires:

• ShopSavvy Secures $7 Million Round Led by Facebook Co-Founder Eduardo Saverin
• Chase Military Credit Cards Unveil Enhanced Cash Back Rewards, No Foreign Transaction Fees
• Cardtronics Acquires Mr. Cash

On the web:

• Pygg Launches Twitter-based, Social Media Payments App in Australia - StartUpSmart
• Swiff Hopes to Become the 'Square" of Singapore and Malaysia - SGEntrepreneurs
• Square to Distribute Payment Swipe Device Through Wal-Mart - Businessweek
• Real World Feedback: How to Spend $100 With Google Wallet - Advertising Age
• In China, App Enables Discounted Mobile Payments at Vending Machines - Springwise
• Keeping Pace as Money Transmitters Proliferate - Portals and Rails
• New Zealand Carriers Create Cooperative Direct Carrier Billing Framework - MobilePaymentsToday.com

On the wires:

• Bank of America, Intuit to Offer Full Service Payroll to Small Businesses
• TSYS Purchases Portfolio from Vanguard Payment Systems

Intuit has announced a number of new services designed to fuel Intuit's transformation from a software company to a connected services company. Included in the announcement was a new prepaid debit card for use as a Intuit GoPayment payout instrument.

To make it easier for small businesses to get started processing credit cards on a mobile device, GoPayment will soon enable users to deposit funds directly onto a prepaid debit card. This will make it faster to start taking payments because new users can sign up for GoPayment without needing to provide bank account details. For smaller businesses, it also provides a convenient way to keep their business finances separate from their personal funds. The prepaid debit card for GoPayment will be available later this fall.

Yesterday, Intuit held its annual investors day to update the investment community on progress and strategy –– including that of Intuit Payments. Slides and webcast available here.

Verizon Wireless and Intuit have announced a strategic alliance to offering Intuit's GoPayment app and pocket-sized credit card reader in Verizon Wireless' 2,300 retail stores and business-to-business sales channels.

"Rather than lose out on potential business, anyone who sells a product or service can now easily and affordably give their customers the option of paying with plastic," said Chris Hylen, general manager of Intuit's Payment Solutions division. "GoPayment is meeting a huge need and is one of the fastest growing mobile payment solutions in the market. With Verizon Wireless, we'll help even more people discover that they too can process credit card payments on the phones or tablets they already own."

Intuit has announced it has acquired mobile Web banking technology assets from Mobile Money Ventures, or MMV, a "leading global provider of next-generation mobile financial solutions."

Mobile Money Ventures, based in San Mateo, Calif., was formed in 2008 as a joint venture that combined the strengths of Citigroup, a leading, global financial services company, and SK Telecom Americas, an early-stage technology innovator.

Over on the Quickbooks Online Blog, Intuit has announced that the Intuit PaymentNetwork (IPN) is now seamlessly integrated with QuickBooks Online.

A small business can now send an invoice through QuickBooks Online and get paid fast using IPN. QuickBooks online invoices enabled for online payments will now have a link for the end customer to directly pay the small business. The plot thickens with the added benefits of low cost (only 50 cent/payment), faster funding (next day funding for most payments less than $5000) and automatic reconciliation.

On the wires:

• Survey: Card Fraud Experts Warn Against Looming Mobile Payment Fraud Risk
• SecurityMetrics Introduces Network Threat Sensor to Simplify PCI-DSS Compliance
• TSYS Signs Merchant Services Agreement With Caledon Card Services
• NXGEN International Partners with Elavon to Expand European Footprint
• PayCommerce Offers Cloud-Based SMB Payment Suite Reseller Subscription Plan
• Elastic Path Launches Ecommerce on the Google Cloud
• Carta Worldwide Integrates MasterCard Mobile Over-the-Air Provisioning Service (MOTAPS)
• OpenCuro To Demonstrate New Online Payment System at FinovateSpring 2011

On the web:

• NPR: Banks, Retailers In Lobbying Race Over Debit Fees
• TechCrunch: Sequent Software Raises Funding, Aims To Simplify NFC Mobile Payments
• American Banker: ProPay s Zumogo Mobile Payment App Gets Social
• FierceFinance: Bank of America Ponders New Ways to Charge Overdraft Fees (via SMS Opt-In)
• CNET: Intuit Eyes NFC for Mobile Payment System
• GoMo News: India's Interbank Mobile Payment Service Finally Includes Merchants

Intuit has announced that its iPad-optimized GoPayment app is now available on the App Store.

This optimized version of the GoPayment app makes mobile payments easier with a new layout that takes full advantage of iPad's large, high-resolution display and Multi-Touch interface. It also includes new features such as the ability to add product photos, making it easier to find a product and complete a sale. GoPayment is also compatible with the free Intuit Credit Card Reader letting users save time by swiping credit cards instead of entering card data manually.

Over on our sister blog, Payments Views, Glenbrook's Carol Coye Benson takes a look at the Intuit PaymentNetwork, interviewing Intuit SVP and long time payments guru Eric Dunn. This post is the start of a new series for Glenbrook - a journey to discover if the long-awaited “tipping point” in electronic B2B payments has finally arrived.

Intuit has announced that it "has equipped the Girl Scouts of North East Ohio with its GoPayment mobile payment app, including a free Intuit credit card reader, and reduced pricing on transaction fees. GoPayment provides them with an easy and affordable way to process credit card payments on their mobile devices while protecting sensitive credit card information with industry-leading data encryption."

On the wires:

• Credit Card Clarity: CARD Act Makes Pricing Clearer, More Competitive
• Western Union and Etisalat to Introduce International Mobile Money Transfer Service in 18 Countries
• BillingTree Supplies Pulaski Electric System with Text Billing and Payment Solution
• Intuit Extends GoPayment No Monthly Fee and Free Credit Card Reader Offer

On the web:

• Bank Info Security: SWIFT Audio Interview on Globalization and Regulation
• MasterCard Blog: Addressing the “D” Word
• Dow Jones: PayPal Launches Payment Services with China UnionPay

On the wires:

• Discover Announces Agreement with Banco Popular de Puerto Rico
• Liberty Bank Selects Premier from Fiserv
• Intuit GoPayment One of First Mobile Payment Apps Developed for Android 3.0
• INSIDE Secure Brings True NFC Hardware Independence to Google Android “Gingerbread”
• Cardlytics, NetSpend Partner to Bring Targeted Rewards Offers to Underbanked Consumers via Prepaid Debit Cards
• Plastyc Secures Strategic Investment from Core Innovation Capital
• This Is Money: Credit Card Rates Hit a 13-year High in UK/a>

• BusinessWeek: In Broken Market, 'Swipe' Fees Must Be Regulated
• New York Times: Peer-to-Peer Lending: What the Future Holds
• Portals and Rails: Cash Acceptance: A Risky Proposition for Merchants
• BostInnovation: Clovr Media: Forever Changing How You Redeem Offers

Two payment-related themes are emerging from NRF conference being held this week in New York: POS encryption/tokenization and mobile payments acceptance. For retailers, end-to-end encryption and tokenization are all about reducing PCI scope:

• Heartland's End-to-End Encryption Solution Reduces PCI Scope by up to 69% for Merchants
• BevMo! Retail Chain Reduces PCI Scope with VeriFone’s VeriShield Protect
• Fifth Third Processing Solutions and MTXEPS Partner to Support ServerEPS Encryption Solutions
• Ingenico and Merchant Link Partner on Point-to-Point Encryption and Tokenization Solution

• VeriFone Announces PAYware Mobile Enterprise Solution and Services for Large Retailers
• GoPayment Gives Small Businesses Free Credit Card Reader and No Monthly Service Fees
• Xsilva Systems Demonstrates that Mobile Point of Sale is Accessible to Retailers of all Sizes

Curious about mobile payments, but tired of reading the small print? Glenbrook's Carol Coye Benson has compiled a collection of how-they-work videos. Included are videos from Bling Nation, PayNearMe, Square, BOKU, Intuit GoPayment, PayPal Mobile, VivoTech, Oberthur, MobilePay, MocaPay, and FaceCash.