PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Facebook, PayPal, Bling Nation and Rumbling in the Valley

By George Peabody
October 28, 2010
in Mercator Insights
0
0
SHARES
0
VIEWS
Share on LinkedIn

This is getting reallyinteresting.

When Bling Nation announced atie-up with PayPal, we saw it as a potential breakout strategy forBling – a means for them to go viral in a way their originaltown-by-town, bank-by-bank model could never reach. The fact thatthe integration between the Bling platform and PayPal was builtusing PayPal’s standard Adaptive Payments API just affirms thestrength of PayPal’s offering.

And how nimble Bling canbe.

Now, Facebook employees aregetting BlingTags – contactless RFID tags that connect to theconsumer’s PayPal account or to their DDA. BlingTags are acceptedby a number of Palo Alto merchants, at Stanford University, andeven by the city for paying parking tickets and other fees. WhileBling was originally staying away from markets where the giantretail banks roam, the company has clearly decided that theinnovation culture in its neighborhood can give it some hometownadvantage.

Now, there are rumorscirculating that PayPal, Google, Apple, and other Silicon Valleypowerhouses are looking at an NFC ecosystem in the Valley. We’vecertainly heard the rumor that the iPhone 5 (or whatever it’ll becalled), expected in June 2011, will have NFC capability.Facebook’s also rumored to have a phone in the works. Obviously,Google has Android and all the handsets that it supports. And NFCis an important technology for payments and security via the mobilehandset. No wonder these giant, non-traditional players areintrigued.

At the very least, usingBling Nation and its tags gives each of these giant companiesexperience with contactless payments in advance of handsets withembedded NFC capability. That’s worth a lot. In no time at all,Bling Nation could have the most active contactless tag footprintin the country, using a payment method that basically goes aroundthe card networks.

For you online marketers, bythe way, Bling Nation has abandoned its standard web site for aFacebook-based site. If you type in blingnation.com, you’reredirected to the facebook.com/blingnation site. That’s an “all in”endorsement of social networking for businesses.

Read relatedarticle:http://www.nearfieldcommunicationsworld.com/2010/09/27/34496/facebook-distributes-bling-nation-payment-tags-to-staff-amid-rumours-of-a-major-silicon-valley-nfc-plan/

0
SHARES
0
VIEWS
Share on LinkedIn
Tags: Banking ChannelsCustomer RetentionDebitMerchant AcquiringMobile PaymentsPrepaidSocial Media

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    credit union small business banking

    How Credit Unions Can Win Over Small Businesses

    October 28, 2026
    global stablecoin adoption

    A Global View: Why Stablecoins Look Different in Every Market

    October 27, 2026
    stripe stablecoin

    Stablecoins and the Threat to Traditional Bank Deposits

    October 26, 2026
    global cross-border payment infrastructure

    A New Payment Rail Is Not a Global Payment Solution

    October 23, 2026
    stablecoins in banking

    As Stablecoins Mature, Financial Institutions Face a Crossroads

    October 22, 2026

    Automation to Accountability: Governing AI in Fraud and Disputes 

    October 21, 2026
    google solana agentic

    Agentic Commerce Is Still Hype Ahead of Reality

    October 20, 2026
    Customer, shopping and credit card for florist shop payment with POS machine or phone for sale of flowers at small business. Hands of woman paying with rfid technology for service at retail store.

    As Rewards Programs Face Pressure, Card-Linked Offers Gain Ground

    October 19, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result