Author: Lucy

Mobile payments device rumors from Amazon are fizzling out

Although it wasn’t very long ago since the tech speculation blogs couldn’t stop talking about the card reader, it may be gone.

Amazon, like Apple, Google, and other tech giants, is always a beloved topic for the technology rumor mill and, until recently, it was strongly believed that the online retailer was in the midst of developing certain devices above and beyond its Kindle tablets and e-readers, including a mobile payments gadget.

The speculations about that particular machine, however, have begun to fade, across the map.

Although it was difficult to read the Amazon headlines over the spring and summer and not find a new update of some form regarding a mobile payments card reader from the company, it seems that the attention has been turned away from that type of device and is now looking into a smart-watch, a smartphone, or even a video game console.

This suggests that there won’t be much more to say about that particular mobile payments device.

Amazon mobile paymentsDespite all of the hype, excitement, predictions, and claims backed by “official sources”, it looks as though any chance that these mobile payments card readers from Amazon will come to reality is all but gone. Even if that is something that Amazon may investigate in the future, it doesn’t look as though such an idea is anywhere but on the back burner, at the moment.

At the same time, Amazon is still reportedly planning to use an app and mobile payments to be able to sell physical products. The in-app purchasing strategy is well on its way and has gained the company a tremendous amount of attention over the last while not only from tech experts, but also from app developers.

According to a new report, the application programming interface (API) has been in the market for some time now, regarding the in-app purchasing at Amazon. At the moment, this gives consumers the opportunity to purchase digital content, such as expansion packs, in-game currency, and electronic versions of books and magazines.

As this technology has been greatly successful, purchasing and mobile payments within an in-app experience will soon be making its way to the physical products environment, as well.

Gadgets trade-in promotion launched by Best Buy

The electronics retailer is offering this opportunity to iPhone owners over the Labor Day weekend.

Best Buy ran a new promotion over the weekend that allowed the owners of certain Apple gadgets to be able to bring in their old version of the iPhone devices in order to take part in a trade-in that would allow them to purchase the current version of the device, the iPhone 5.

The event ran for the length of the holiday weekend and gave a considerable discount on the current Apple device.

The electronics retailer offered people who brought in their old iOS gadgets the opportunity to purchase the current iPhone 5 – in either the 16 GB or 32 GB version – at a discount of 50 percent. It was focused specifically at individuals trading in their functional iPhone 4 or their iPhone 4S.

This gadget trade-in trend is growing among retailers and has been over the last few months.

Gadgets trade-in promotion - Best BuyThe reason that gadgets retailers are promoting the current iPhone 5 with massive discounts through old iPhone or other devices is that it is expected that the next version of the Apple smartphone will soon be released, and they are hoping to clear the older version of the product off their shelves before that happens. This type of promotion is starting to happen quite routinely as some of the leading manufacturers release upgrades to their previous generations of devices.

It has also been suggested that Apple, itself, has certain programs up its sleeve to encourage the exchange of old gadgets for their latest devices. For example, they have already created programs through carrier partners such as T-Mobile, AT&T, and Verizon Communications. However, it is also expected to begin an in-store program that would allow consumers to trade in their old iOS devices so that they would be able to obtain a discount when it comes time to purchasing a newer model.

The latest rumors are suggesting that Apple will be unveiling both an iPhone 5S, as well as an iPhone 5C, on September 10, 2013. The speculations about the new device are soaring and have already even suggested that T-Mobile and AT&T employees have been told that they will not be allowed vacation time during the time on and surrounding September 20, suggesting that that may be the weekend in which the products will be officially launched.