According to a recent survey, One out of two shoppers are happy to share personal information with retailers for a reward.
Passengers will be able to receive information and offers through Passbook.
T-Mobile will offer prepaid cards through the Allpoint network, which would offer surcharge-free ATMs at 43,000 locations.
According to reports, old versions of Android are still vulnerable to the bug.
After starting the day at a deficit, Facebook picked up momentum after announcing several new products at its f8 developer conference, including the Mobile Ad Network.
According to reports, Apple wants to incorporate mobile payments into the new phone.
The new eWallet will encrypt bitcoins after a purchase so no one can trace where and who it came from.
The bank plans to launch the device on Wednesday.
The additional funding has raised the value of the company to around $15 million.
