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PayPal's Mastercard deal brings its payments to more stores
PayPal wants to be your go-to payment option online and in stores, but it has a problem: banks and credit cards aren't a fan of its free bank transfers and other attempts to push online payment over the conventional variety. However, it's trying to make amends. In the wake of a Visa deal from July, PayPal has forged a partnership with Mastercard that gives the credit card firm higher prominence online in return for more of a retail footprint. PayPal will make Mastercard a "clear and equal" payment choice in its wallet (complete with an image of your card), let you set the card as a default payment method and will "not encourage" you to link a bank account if you're a Mastercard customer. In exchange, you can use a linked Mastercard in your PayPal wallet to make in-store purchases at contact-free terminals.
Venmo finally gets more secure with two-factor authentication
If you're the type who uses Venmo to pay your buddies back for artisanal cupcakes, congratulations: You're a little bit safer now. Venmo announced the other day that it was rolling out a new two-factor identification feature -- when the service detects a login from a new device, it'll send you an email and a 6-digit pin to your phone so you can prove everything's on the up and up. That might sound like a no-brainer for a financial services company that's (thanks to back-to-back acquisitions) part of eBay's payments empire, and you know what? It absolutely is. The only thing more shocking than Venmo not having something like this in the first place is how long its taken to implement.
PayPal and Coinbase are partnering to enable Bitcoin payments
Remember that One Touch mobile payment solution PayPal announced last month? It's ready -- Braintree CEO Bill Ready announced at Disrupt that customers with the PayPal app will have access to mobile payments starting today. The mobile payment platform is the first fruit Braintree has borne since PayPal acquired it last year, but it isn't the last: Ready says his company is laying the foundation for PayPal Bitcoin payments, too.
PayPal's One Touch wants to power your in-app mobile purchases
It's a pretty common thing to see in an online store: pay with PayPal -- but what about on mobile devices? Well, the eBay-owned company is working on that. The company just announced PayPal One Touch, a new system that (as the name implies) hopes to make paying of items in mobile apps a one-touch affair. The feature isn't an app itself, but rather a service that can be embedded in other apps. Users will log into their PayPal account one time, and subsequently be able to pay for products in supported apps with a single click.
BELD Broadband adds NBC Universal properties, NFL Network HD
The mom 'n pop carrier strikes again, and this time it's Braintree, Massachusetts' BELD Broadband showing up the big guys. This localized provider has added in a number of NBC Universal properties in high-def just in time for (some of) the Olympics, including Bravo HD (535), CNBC HD+ (533), USA HD (549), Sci-Fi HD (516) and -- for the duration of the Beijing Games -- Olympic Basketball Channel (516) and NBC Olympic Soccer Channel (535). Additionally, NFL Network HD will be added in "soon," presumably before the nearby Patriots attempt to redeem themselves at home on September 7th against the Chiefs. Not bad for someone you've never heard of.
