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POS

News about POS.

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.

Westpac NZ offers NFC stickers

November 17th, 2014

Westpac New Zealand is to offer customers contactless stickers they can attach to the back of their mobile phone to make NFC payments at more than 15,000 contactless POS terminals across the country. “The Optelio contactless sticker embeds a secure EMV microprocessor that will be linked to Westpac customers’ credit or debit cards,” supplier Gemalto says.

EcoCash takes mobile money to the point of sale

November 17th, 2014

EcoCash, Africa’s second largest mobile money provider with 3.7m users, is to offer customers in Zimbawe a MasterCard debit card linked to their EcoCash wallet. This will enable them to use the funds in their… More

Softcard picks Muppet mascot for online advertising campaign

November 14th, 2014

US carrier mobile payments venture Softcard has unveiled Tappy, a mascot designed by the company behind The Muppets that will be used initially in an online advertising blitz reported to be valued at US$1.5m. More

McDonald’s on mobile payments: We prefer to let our customers choose how they pay

November 13th, 2014

McDonald’s sees accepting NFC mobile payments as part of its on-going customer service improvement remit, the fast food giant’s Anja Carroll has told NFC World+. “We can accept all payment products that leverage standard NFC… More

Canada plans new mobile payment regs

November 12th, 2014

The Canadian government is preparing to give merchants the ability to refuse to accept a particular NFC payment service if it attracts higher than usual fees — should that situation ever arise in the future, a document obtained by the WSJ reveals. “Should fees set by the payment card networks in respect of contactless payments made from a mobile device increase relative to card-based contactless payments, payment card networks will develop the technical specifications to ensure that merchant acceptance of contactless payments made from a mobile device can be cancelled at the point-of-sale without disabling other forms of contactless payments acceptance,” the document states.

Dairy Queen expands mobile loyalty and payment test

November 10th, 2014

US fast food chain Dairy Queen has expanded pilot testing of its myDQ mobile loyalty, offers and payments service to more than sixty locations in the states of Colorado and Nebraska ahead of a planned… More

Small US businesses have no POS upgrade plans

November 5th, 2014

Just 4% of independent business owners in the US are aware they have a contactless POS terminal and 14% are not sure, Newtek Business Services’ latest SBA Market Sentiment Survey has revealed — and only 7% say they plan to upgrade so they can make contactless NFC payments like Apple Pay available to their customers, while 93% say they have no plans to do so.

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