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POS

News about POS.

Cancer Research brings contactless donations to shop windows

January 23rd, 2015

Cancer Research UK is to install contactless technology in four of its shop windows, enabling passersby to make a £2 donation to the charity by simply tapping their contactless card to a POS terminal placed… More

Wirecard unveils HCE wristband for payments, loyalty and more

January 16th, 2015

German payments technology provider Wirecard has developed a wearable wristband that allows a user to make a payment using host card emulation (HCE) at any contactless POS terminal. “The Wirecard Smart Band with its contactless… More

Pey equips merchants with Bitcoin POS terminals that support iBeacon, QR and NFC

January 14th, 2015

Fifty merchants in the German city of Hannover have signed up to accept Bitcoin payments using a terminal supplied by startup Pey, that uses a combination of iBeacon, QR code and NFC technology. More

Deloitte: Mobile payment volumes to increase 1000% in 2015

January 14th, 2015

In-store mobile payments will increase by more than 1,000% worldwide this year with 5% of the world’s smartphones being used to make a payment in a store at least once a month, up from under… More

HyprKey unveils biometric mobile wallet add-on

January 9th, 2015

A US startup is taking pre-orders for a biometrically secured mobile wallet, consisting of a payment app and Bluetooth Low Energy (BLE)-based “bio-sticker” attached to the back of the user’s phone. The system, shown at… More

Nine Polish banks to launch HCE mobile payments

January 7th, 2015

Nine Polish banks are to launch host card emulation (HCE) based mobile payments services using Visa’s cloud-based payment specifications “from early this year,” allowing their customers to make contactless payments using NFC-enabled Android smartphones. Taking part… More

LoopPay signs up OEMs to embed contactless tech into more products

January 6th, 2015

Mobile payments startup LoopPay has announced deals with XPal Power and Trident Case to embed its Magnetic Secure Transmission (MST) mag stripe emulation technology into a broad range of products including smartphones, wearables, cases and… More

RBC adds HCE to mobile payments app

December 19th, 2014

Royal Bank of Canada (RBC) has added support for host card emulation (HCE) to its RBC mobile app, “allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile… More

Barclaycard tests contactless payment gloves

December 16th, 2014

Barclaycard has begun ‘testing’ woollen gloves that can be used to make payments at any of the 300,000 contactless POS terminals in the UK with a touch of a hand. The decision to test the… More

MasterCard to offer interactive payment cards to its issuers around the world

December 9th, 2014

Interactive payment card developer Dynamics has signed a deal with MasterCard that will see the payments network offering the startup’s technology to its issuers around the world. MasterCard has also participated in Dynamics’ US$70m Series C funding round along with Canada’s CIBC and existing investors. More

BitStraat equips Dutch merchants with Bitcoin POS terminals

December 3rd, 2014

Dutch startup BitStraat has launched a project aimed at turning Amsterdam into Bitcoin City, providing one hundred merchants with a free tablet-based POS terminal they can use to process mobile payments made using the virtual… More

BKM and Mekanist let Turkish diners pay by beacon

December 3rd, 2014

Diners at Turkish restaurant Olivia’s Pizzeria have become the first in the country to be able to use their BKM Express digital wallet to pay for their meals with their mobile phone. BKM has partnered… More

Danish carriers abandon mobile payments ambitions

November 27th, 2014

Paii, the mobile payments joint venture created by Danish mobile network operators TDC, Telenor, Telia and 3, has been sold to Swipp, a mobile payments service owned by a consortium of more than 60 banks,… More

High value contactless payments arrive in the UK

November 26th, 2014

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make contactless payments valued at more… More

Latvian merchants and ski resorts adopt NFC loyalty platform

November 26th, 2014

Latvian startup Walmoo has launched a mobile loyalty platform that uses standard NFC phones or tablets to provide customers with the ability to redeem coupons, discounts and offers. Ten merchants are live on the platform… More

CUP to launch Android Pay in China

November 25th, 2014

China UnionPay (CUP) is planning to introduce “Android Pay”, an NFC-based mobile payments service, in the third quarter of 2015, Yicai reports. CUP is in discussion with a number of mobile phone manufacturers to support the service, the article adds, and is working with Lenovo on POS terminal support.

Drop offers beacon-based payments

November 21st, 2014

Payments startup Drop has launched a mobile payments and loyalty solution that uses Bluetooth beacons to let shoppers order and pay from up to 200 feet away before picking up their purchase and leaving without having to wait in line at the point of sale. “Drop is suitable for use in any purchasing environment; food trucks, beer festivals, stadiums, restaurants and bars, all of whom would use the Drop iPad POS, right through to a solution that integrates with the existing POS and ecommerce platforms,” the company says.

Saatchi & Saatchi designs beacon loyalty rewards for Japan’s TenTen Technologies

November 21st, 2014

Japanese startup TenTen Technologies is to offer retailers USB-based Bluetooth beacons that plug into POS terminals and vending machines so that rewards can be issued automatically to users of the company’s mobile app when they… More

Dongle-free mPOS on its way

November 18th, 2014

Oberthur Technologies (OT) has teamed up with NFC mPOS services provider Mobeewave for Flying mPOS, a solution that will enable NFC devices equipped with Oberthur’s Pearl embedded secure element to be used as a mobile POS terminal — without the need for a separate dongle or other add-on. “The commercial product will receive all Visa and MasterCard approval,” Mobeewave’s Vincent Alimi has told NFC World+.

Finnish cafes to test face recognition

November 17th, 2014

A number of cafes in Helsinki, Finland, are to begin testing a payments service developed by Uniqul that uses the geometric proportions of a customer’s face to verify their identity, Yle reports. The technology can be incorporated into existing cash registers, the startup says. “All the customer needs to do when purchasing something with this application is to press an OK button,” Uniqul CEO Oscar Tuutti explains.

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