Jul. 7, 2011
While point-of-sale payments using near-field communication (NFC) technology appear to be drawing closer, systems that let consumers make mobile payments in stores without NFC are drawing investor interest. This week, Mobibucks, a Louisville, Ky.-based startup, announced a $5 million Series A funding round led by Acadia Woods Partners. The Mobibucks investment follows news this spring that American Express Co. had joined BlackBerry maker Research in Motion Ltd., Verizon Communications Inc., and other investors in a $19 million funding round for New York City-based Payfone Inc read more at Digital Transactions
