News about POS.
September 17th, 2014
Macy’s Inc, owner of the Macy’s and Bloomingdale’s department store chains, has unveiled plans to implement a range of new technologies designed to provide an omnichannel shopping service to its customers. The plans include Bluetooth…
September 17th, 2014
Subway restaurants across the US are to begin accepting NFC mobile payments on 1 October, using new POS terminals that carry branding from mobile network operator-owned commerce venture Softcard. The terminals will enable the 26,000…
September 10th, 2014
European merchants who accept either MasterCard or Maestro will be required to switch to contactless POS terminals by 1 January 2020, “ensuring that consumers will be able to pay with their contactless cards and NFC enabled devices at all point-of-sale (POS) terminals”, the payment network has announced. “New POS terminals must adhere to the new standard upon deployment as from 1 January 2016,” MasterCard adds.
September 10th, 2014
MasterCard has announced US availability of a token platform that enables card issuers to store tokenized versions of their customers’ card details on Apple’s new NFC devices as well as NFC phones and tablets from…
September 9th, 2014
UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores.
September 3rd, 2014
Merchant Customer Exchange (MCX), the mobile payments venture co-owned by US retail chains with collective revenues of more than US$1 trillion annually, has announced that its payments, loyalty and offers platform is to be called…
August 27th, 2014
Publisher IPC Media is using Bluetooth Low Energy (BLE) beacons installed in 740 One Stop convenience stores across the UK to offer discounted copies of its Chat, Pick Me Up, Woman and TV & Satellite…
August 1st, 2014
Mobile POS provider Square is to introduce a new card reader that can be used to process both EMV chip card and magnetic stripe card payments. “Square Reader for chip cards is the most advanced and affordable way for you to be ready for the cards all of your customers will soon be carrying,” the company says. “No commitments, long-term contracts, or painful ‘reterminalization’ fees.”
July 31st, 2014
American Express is working with Croatia’s Privredna Banka Zagreb (PBZ), part of the Italy-based Intesa Sanpaolo banking group, to pilot an NFC payments service that makes use of host card emulation (HCE) technology. The pilot…
July 29th, 2014
Pepsi has tested a new NFC shopper marketing solution developed by logistics optimisation solutions provider Rehrig Pacific that uses NFC chips and QR codes on display trays to “increase the opportunity for consumer interaction, at the point of sale, without increased merchandising or delivery costs”. The pilot at the Pepsi Bottling branch in Burnsville, Minneapolis resulted in a 48% click-through conversion rate, 2.8% engagement rate and 1.34% response rate. A full case study is available here (PDF).
July 28th, 2014
One million free juices and smoothies have been given out free of charge by Jamba Juice to Isis NFC mobile wallet users since the ‘Million Free Juice or Smoothie Giveaway’ promotion launched in October 2013. Jamba has also signed up one million members for its Insider Rewards loyalty program, developed in partnership with Spendgo. Launched five months ago, the program lets customers type their phone number into a POS terminal to “receive rewards, personalized offers and free Jamba product”.
July 25th, 2014
Upmarket UK supermarket chain Waitrose has shown off a proof-of-concept mobile shopping service, based on Ensygnia’s Onescan technology, that “allows customers to complete a payment in-store using a mobile phone app, completing a purchase direct from any iPad screen in the store, without the need to head to the till point”.
July 22nd, 2014
Westpac has begun a host card emulation (HCE) pilot in New Zealand, enabling customers’ credit and debit card details to be securely stored in the cloud and then used at the point of sale to…
July 22nd, 2014
UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa…
July 17th, 2014
German customers of mobile network operator Base, part of the E-Plus group, can now make payments, store membership cards and redeem coupons with their NFC phone. Giesecke & Devrient is providing Base with the SkySIM…
July 15th, 2014
Greece’s Alpha Bank has officially launched its Tap n Pay NFC mobile payment service. The move follows successful pilots which began in February this year. The service works with a Vodafone SIM card that stores Alpha Bank-issued Visa cards and can be used to make payments at any of the 5,500 contactless POS terminals in Greece.
July 14th, 2014
CUA, Australia’s largest customer-owned financial institution, has become the first in the Asia Pacific region to launch an NFC payments service that makes use of host card emulation (HCE) technology. To use the new redi2PAY…
July 10th, 2014
Synchrony Financial, formerly GE Capital Retail Finance, has made “a strategic investment” in LoopPay, developer of a mobile phone add-on that lets US consumers make payments at merchants equipped with magnetic stripe card terminals. The amount of the investment has not been disclosed.
July 7th, 2014
Spanish bank Bankia has launched a mobile payments service that uses NFC stickers attached to the back of a customer’s smartphone to make purchases at any contactless POS terminal. Consumers need to download the Bankia Mobile Wallet app to use the service. Stickers can be requested via Bankia’s website or any bank branch.
July 4th, 2014
Seamless has signed up US-based prepaid card provider InComm and the Belgian arm of POS terminal provider Ingenico as partners for its Seqr mobile payment solution. InComm offers stored value cards from more than 500 brands and will enable Seqr-accepting stores to digitize their gift cards. Ingenico Payment Services will enable its more than 160,000 merchants in Belgium to offer Seqr mobile payments to their customers.