News about POS.
May 22nd, 2015
PARTNER NEWS: Conformance testing specialist Clear2Pay has been approved by Visa for its Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV-enabled contact and contactless payment devices in the US….
May 21st, 2015
Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal. PostBank…
May 19th, 2015
Some 41% of US millennials aged between 18 and 34 are now using mobile payments, compared to 18% of 35- to 44-year-olds, 14% of 45- to 54-year-olds, 10% of 55- to 64-year-olds and 8% of those aged over 65, research from POS supplier Harbortouch has revealed. One in four of the 1,000 respondents surveyed also believes the restaurant industry is the most likely to widely adopt mobile payments in the near future.
May 19th, 2015
India’s Axis Bank is to enable all of its 50,000 merchant point-of-sale terminals to accept contactless payments by the end of this year in order to “facilitate significant usage of contactless NFC-based cards issued by all banks”. The move follows the Reserve Bank of India’s relaxation of its requirement for two-factor authentication for contactless payments up to a value of Rs2,000 (US$31).
May 18th, 2015
US grocery chain Trader Joe’s is reportedly gearing up to begin accepting Apple Pay NFC payments in its stores. “Kiosks at Trader Joe’s checkout counters have been seeing upgrades in recent weeks and months to VeriFone touchscreen machines,” AppleInsider reports. “Some of these payment terminals already advertise that they accept Apple Pay.” Trader Joe’s has more than 400 locations across the country.
May 15th, 2015
The global biometrics market will increase from US$2bn in 2015 to $14.9bn by 2024, with cumulative revenue for the 10-year period reaching $67.8bn, market intelligence firm Tractica forecasts. “Biometric modalities that are likely to generate the most revenue include fingerprint, iris image and voice recognition,” the company says. “Key use cases include consumer device authentication, mobile banking, ATMs, government IT systems, POS transactions, pharmacy dispensing and wearable device authentication.”
May 14th, 2015
Employees at multi-purpose arena American Airlines Center in Dallas are to be given NFC tablets that will allow them to accept mobile and contactless credit card payments from visitors anywhere in the stadium. The solution,…
May 13th, 2015
Orange Spain is to launch a new version of its Orange Cash service allowing users to pay with their smartphone at Visa contactless point-of-sale terminals and make online payments using one-time generated virtual cards. A previous version…
May 8th, 2015
The Cosmopolitan of Las Vegas has become the first casino resort to announce support for Apple Pay. “With a few point of sales already live, by early June, the resort’s front desk, concierge, VIP services, restaurant collection and lounges, bars and select retailers will offer the new payment method,” the casino says.
May 7th, 2015
Visitors to Starbucks’ newly opened express store on Wall Street in New York are being met by one of the coffee chain’s employees upon entry, who then takes their order using a handheld device. “Getting…
May 5th, 2015
Apple is rumoured to be working on a larger iPad which will include NFC, potentially turning the tablet into an Apple Pay POS terminal. “While tap-to-pay functionality in an iPad is unlikely, the inclusion of NFC could allow for an ‘iPad Pro’ to serve as a payment receiving terminal for Apple Pay,” Apple Insider speculates.
May 1st, 2015
More than 31m UK mobile users (92%) will make a payment using their mobile device in 2015, multichannel sales specialist Oxygen8 has found. Some 24% say their spend on mobile would increase as additional payment platforms become available at the point of purchase, and the research also reveals that 31.7m people in the UK have connected with an average of six businesses using their mobile device.
April 27th, 2015
Online payments giant PayPal has revealed it is again testing NFC, though the company’s president has made clear that he’d like the company’s platform to be technology agnostic and he doesn’t see the long-term success…
April 17th, 2015
The largest NFC mobile payment initiative in Germany to date has launched in the capital Berlin, as the country’s three mobile network operators, Vodafone Germany, Deutsche Telekom and Telefonica, team up with six major retail…
April 15th, 2015
KFC is letting customers use their phones to pay for meals through mobile network operator Airtel’s mobile money platform in five of the fast-food chain’s stores in Accra, Ghana. “The process is quite simple,” the carrier explained…
April 9th, 2015
Oxfam is to trial NFC-enabled interactive posters, wristbands and collection tins in UK towns to let supporters make donations and see video content highlighting the charity’s work using their NFC phones. To donate money, supporters…
April 1st, 2015
BNP Paribas, Groupe BPCE, La Banque Postale and Société Générale have begun piloting HCE mobile payment services with Visa Europe and payment and transaction services provider Worldline. The plans were first announced in November last year and will let users make mobile payments at nearly 400,000 contactless point-of-sale terminals across the country.
March 31st, 2015
Two in three Apple Pay users have encountered a problem when attempting to pay with the mobile payment service in a store, a survey from Phoenix Marketing International reveals. Most issues related to terminals not…
March 30th, 2015
Vodafone customers in five major European markets will be able to use their Visa cards to make NFC mobile payments from the second quarter of this year with a new SIM-based service that makes use of tokenization technology.
March 16th, 2015
Finland’s largest financial services group is to add support for HCE payments to the mobile wallet app it introduced two years ago. OP’s Pivo wallet has been downloaded more than 500,000 times and allows customers…