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POS

News about POS.

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.

French banks to pilot HCE payments

November 5th, 2014

Visa Europe has partnered with payment and transaction services provider Worldline to pilot NFC mobile payments using host card emulation (HCE) with four French banks in the first quarter of 2015. The participating banks will… More

BitPay adds NFC payments

November 4th, 2014

Bitcoin payment gateway BitPay is to roll out a point-of-sale app to “every mobile market worldwide” that makes it possible for merchants to process Bitcoin payments via NFC. “Bitcoin Checkout is designed to be both fully-featured for solo use and simple to use alongside existing point-of-sale systems,” the company explains. “Merchants can start accepting Bitcoin today — even if their vendor isn’t among the Bitcoin point-of-sale integrations we currently offer.”

Chase and Vantiv to offer Poynt POS

November 4th, 2014

Chase Paymentech and Vantiv, two of the largest payment processors in the US, have signed up to distribute the former head of Google Wallet’s new Poynt POS terminal to their merchant bases. The device, unveiled by Osama Bedier’s startup last week, supports magnetic stripe, EMV, NFC, QR codes and Bluetooth beacon technology.

Target includes Apple Pay in mobile app

November 4th, 2014

MCX member Target has integrated Apple Pay into its mobile app but is not accepting payments via Apple Pay in its stores, the retailer has told NFC World+. “We are accepting Apple Pay for online purchases made in the Target app,” the merchant explained. “Our point-of-sale terminals are not NFC-enabled.” A group of the company’s headquarters employees have been testing the MCX CurrentC mobile payment app in a number of stores since October, Target added.

Starbucks claims a 90% share of the US mobile payments market

November 3rd, 2014

Starbucks accounted for more than 90% of all mobile transactions in the US last year, the coffee chain’s CEO Howard Schultz has revealed during a fourth quarter earnings call in which he also set out plans to continue to dominate the mobile payments space. More

MCX prepares to open its wallet to NFC and bank cards

October 31st, 2014

MCX is now open to supporting both NFC and Bluetooth Low Energy for payments and is in conversation with credit card issuers about opening up its CurrentC mobile wallet to payment cards, CEO Dekkers Davidson… More

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