News about POS.
July 21st, 2016
Motorists using the GC Express gas station in Caro, Michigan, are being offered a free coffee or drink whenever they pay for fuel purchases of US$10 or more with Team One Credit Union’s mobile banking app.
July 20th, 2016
Mobile POS provider Square has incorporated a business called Squareup Europe in the UK, suggesting that the company could be setting itself up for its first European launch. “Squareup Europe has permission to provide payment services such as transactions with or without credit lines in Britain,” Reuters reports. “Square began beta testing of its payments system in London last month to prepare for an initial launch in Britain.”
July 18th, 2016
Brazilian consumers can now sign up to mobile and online only bank Neon by taking a selfie with their mobile phone. “Instead of authenticating with a username and password, customers will take a selfie to use facial biometrics,” technology provider Daon says. “Customers will be issued two Visa branded debit cards. The physical card will be used for POS purchases at retail locations while the virtual card will be used for online purchases. Customers will use facial recognition to access their account and to perform additional transactions, such as transfers and payments.” The service makes use of Daon’s IdentityX platform.
July 14th, 2016
Google has begun rolling out its Android Pay mobile payment service in Australia with support from American Express and Visa. The service will be available from 27 banks and credit unions at launch and from an additional seven financial institutions “soon”. MasterCard support is expected “in a few days”.
July 12th, 2016
Employees at NEC Corporation’s head office in Tokyo are trialling the use of facial recognition to authenticate purchases made in small shops inside the building. The trial began in June 2016 and will run until August as part of NEC’s efforts to “apply its biometrics authentication technologies to a range of services including cashless payment”.
July 11th, 2016
Apple Pay captures the greatest proportion of eligible users in the US with 33%, followed by Samsung Pay with 23%, research released by Auriemma Consulting Group (ACG) reveals. However, Samsung Pay users report higher satisfaction levels and fewer issues at the point of sale compared to Apple Pay users, with near equal proportions recommending both mobile payment services.
July 8th, 2016
Customers who pay using NFC mobile payments are more likely to leave a tip, according to a survey by mobile POS provider Square. 73% of customers tipped when using NFC mobile payments compared to 71% who tipped using EMV and 67% who paid using magnetic stripe cards at the point of sale.
July 7th, 2016
PARTNER NEWS: Digital payment solutions provider Proxama is to supply transaction automation solutions provider Printec Group with its NFC mobile payment, PIN management, tokenization and EMV enablement solutions across Central and South-Eastern Europe.
July 7th, 2016
US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week.
July 6th, 2016
A 29-page white paper that explores the payment industry of Bangladesh and includes a detailed examination of its current systems, the evolution of alternative payment methods and the uptake of NFC, tokenization and EMV is now available to download from the NFC World+ Knowledge Centre.
July 1st, 2016
More than 350,000 Italians have now registered to use Jiffy, the P2P payment service launched by payment processor SIA in October 2014. “The average value of an individual transaction is around €52 (US$58), while transfers under €25 represent 44% of the total,” SIA says. “23 bank groups have joined the SIA P2P payments service since it was launched.” The service added support for in-store payments via QR code last month.
June 29th, 2016
Customers of US drugstore giant Walgreens can now redeem paperless coupons for online and in-store purchases and “clip” offers on product pages and in search results through the Walgreens mobile app. “Clipped offers are automatically saved to a customer’s Balance Rewards card and can be seamlessly applied in-store at checkout when a customer uses their Balance Rewards card,” Walgreens says. The retailer has also integrated its loyalty program with Apple Pay and Android Pay.
June 27th, 2016
Customers of Vodafone Italia can now make NFC mobile payments through PayPal using the mobile network operator’s Vodafone Wallet. The service will allow for in-store payments at any Visa contactless terminal across the country.
June 24th, 2016
Discover has unveiled Discover Quick Chip, a new option for merchants to streamline the checkout process when customers pay with cards. “Discover Quick Chip will reduce the time a chip card needs to remain in the point of sale terminal, making the checkout process more convenient for merchants and cardholders,” the card network says. American Express also unveiled a similar offering earlier this month. Visa originally unveiled a feature designed to streamline EMV transactions in April 2016, closely followed by MasterCard.
June 23rd, 2016
Italian consumers are now piloting in-store mobile payments using Jiffy, the person-to-person (P2P) payment service launched by payment processor SIA in October 2014. The service makes use of QR codes at the point of sale.
June 21st, 2016
Canadians can now use the MintChip virtual currency to send and receive money through a P2P mobile app and make payments at participating merchants in Toronto’s Liberty Village neighbourhood by scanning a barcode. A partnership with…
June 16th, 2016
Cashless vending machine technology provider USA Technologies (USAT) has seen an 89% increase in revenue through contactless purchases at self-service machines running on its ePort Interactive platform as a result of digital advertising highlighting Apple Pay availability at the point of sale.
June 16th, 2016
The UK startup behind the Kerv NFC payments ring has teamed up with payment solutions provider PSI-Pay to enable a greater range of payment options on the device. “The partnership utilises PSI-Pay’s MasterCard licence which will enable users of the Kerv contactless payment ring to pay in 38m locations worldwide,” Kerv says. “Users will be able to fund their account via debit or credit card, bank transfer or PayPal.” Kerv launched a fundraising campaign on Kickstarter in October 2015.
June 15th, 2016
Customers of ASB Bank in New Zealand can now make host card emulation (HCE) based mobile payments using ASB Virtual, a new feature in the bank’s mobile banking app that enables payments using a Visa…
June 15th, 2016
American Express has unveiled Amex Quick Chip, a technology that enables merchants to provide cardmembers with a “more seamless” experience when paying with their EMV chip cards at the point of sale. “With Amex Quick Chip, cardmembers can dip their card during the checkout process and remove it before the transaction is completed,” American Express says. “Amex Quick Chip is available to merchant processors which may deploy the service to interested US merchants through a software update.” Visa unveiled a similar service in April 2016, closely followed by MasterCard.