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 FacebookShare on TwitterShare 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 FacebookShare on TwitterShare 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

    innovation

    Companies No Longer Dabble in Innovation, They Prioritize It

    May 22, 2026
    klarna debit card

    Why Too Many Banks Are Losing Out on Merchant Services

    May 21, 2026
    embedded payments

    Embedded Payments Are Becoming Core to Vertical SaaS

    May 20, 2026
    palm scan

    Identity Fraud and the Erosion of Trust in the Age of AI

    May 19, 2026
    metamask debit card

    After Kraken’s “Skinny” Fed Account, What’s Next for Crypto?

    May 18, 2026
    agentic payment

    PhotonPay Completes its First Live Agentic Payment Together with Mastercard

    May 15, 2026
    banking

    Inside Banking’s $10 Billion Inflection Point

    May 14, 2026
    fraud disputes

    The Hidden Cost of Fraud Disputes Is Hitting Banks Hard

    May 13, 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