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POS

News about POS.

Europeans make more than 1bn Visa contactless transactions in 12 months

July 6th, 2015

More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn… More

Las Vegas gets park and reward meters

July 2nd, 2015

Drivers in Las Vegas can pick up offers from local businesses via 16 interactive on-street parking meters. The service is part of the City Connector project launched by MasterCard and fare collection systems provider Parkeon. “Customers can select any deals using the terminals’ interactive screens, after which the relevant coupons are immediately printed and redeemed at the POS when visiting the merchant,” Parkeon explains.

2.2bn NFC-enabled handset shipments by 2020, IHS Technology predicts

June 30th, 2015

Shipments of NFC-enabled handsets will increase to 756m in 2015, up from 444m last year, rising to 2.2bn by 2020, IHS Technology has forecast. The research firm adds NFC is “finally coming of age and… More

30% of donors use contactless card during London charity trial

June 24th, 2015

Nearly a third of shoppers at Westfield London shopping centre who donated to charity during a 100-day pilot put in place by the Charities Aid Foundation (CAF), Save the Children and Visa Europe Collab used… More

Canadian carriers sign up for independent Suretap platform

June 23rd, 2015

Canadian carrier Rogers has spun off its Suretap NFC mobile wallet service as a separate company, with the brand now operating independently and open to other carriers. Mobile network operators Bell, Telus, Koodo and Virgin… More

Spanish supermarket chain Bonpreu rolls out mobile payments to 170 stores

June 23rd, 2015

Spanish supermarket chain Bonpreu is to roll out a mobile payments service to 170 stores, using a platform developed by Dinube that combines proprietary tokenization algorithms, NFC and biometric fingerprint security. Dinube charges merchants a… More

Ericsson and Verifone bring NFC mobile payments to developing world

June 12th, 2015

Swedish telecoms giant Ericsson has partnered with Verifone Mobile Money to add support for NFC and contactless payments to its mobile commerce platform, enabling its carrier customers in emerging markets to add in-store mobile payments… More

Verifone to support Apple Pay loyalty schemes

June 12th, 2015

Payments giant Verifone will support retailer loyalty and rewards programs, in addition to NFC mobile payments, via Apple Pay from the autumn with the release of iOS 9. Six retailers, including US grocery chain Whole Foods Market, will be the first to accept NFC loyalty transactions on Verifone’s MX 915 and MX 925 POS terminals for consumers to redeem rewards and gain points.

Whole Foods to add loyalty card to Apple Pay

June 12th, 2015

US grocery chain Whole Foods Market will be among the first companies to add their loyalty cards to Apple Pay later this year, alongside iOS 9 and the Passbook app to be renamed ‘Wallet’. Verifone said it would be first to support loyalty cards through its NFC terminals, with 9to5Mac saying those companies will include Dunkin’ Donuts, JCPenney, Kohl’s, Panera, Wegmans and Whole Foods.

The Bancorp to offer HCE prepaid cards to European issuers

June 10th, 2015

Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a… More

Apple Pay users in UK will be able to make payments above contactless card limit

June 10th, 2015

Customers who choose to use Apple Pay when the service launches in the UK will be able to use the mobile payments service to make transactions over the current contactless limit of £20 (US$30) at… More

Synchrony Financial supports Apple Pay

June 9th, 2015

Consumer financial services provider Synchrony Financial will offer private label credit cardholders the ability to add their cards to Apple Pay, starting with retail partner JCPenney. “Synchrony Financial is committed to supporting the benefits our private label credit cards and patented Dual Cards offer, including loyalty and rewards programs, POS discounts and promotional financing, when customers choose to make payments with Apple Pay,” the company says.

Zapp prepares for UK mobile payments service launch

June 9th, 2015

Zapp, the UK mobile payments startup formed by payments infrastructure operator VocaLink, has confirmed that it will launch its service in the autumn of this year, with NFC in-store payments to follow. The service will… More

Two in three US POS terminals to be EMV by 2020

June 9th, 2015

The installed base of EMV terminals in the US will reach about 65% by the end of 2020, a new report from GrowthPraxis has found. The installed base of mobile point-of-sale (mPOS) terminals is expected to… More

French government lays out contactless plans

June 9th, 2015

The French government is to accelerate the acceptance of contactless payments in the country by requiring that all terminals installed after January 2016 must be contactless-enabled. The goal is to ensure that all terminals will be able to accept contactless payments by 2020.

UK retailers to go 100% contactless by 2020

June 5th, 2015

“From the beginning of next year, any new payment terminal that gets deployed has to accept contactless,” MasterCard’s head of emerging payments products Mike Cowan told attendees at the company’s Future of Payments event in London this week, TechWeek Europe reports. “By 2020, every single terminal will accept contactless,” Cowan adds.

Google demonstrates how Android Pay will work

June 2nd, 2015

Google has demonstrated how its Android Pay mobile payments service will work for making in-store and in-app purchases, for payments made through a banking partner mobile app, and how users will be able to pay for items such as a Coca-Cola from a vending machine using just the points stored in a customer loyalty account. More

Ingenico backing for Android Pay

June 1st, 2015

Point-of-sale terminal maker Ingenico has announced its smart terminals will be able to process Android Pay transactions as well as supporting the service’s loyalty and offers functionality. “Virtually all Ingenico terminals implemented in the US by large and medium-tier merchants are NFC-capable, and many of those merchants have already enabled this capability to accept other types of mobile wallet payments,” Ingenico says.

Google unveils Android Pay

May 28th, 2015

Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More

MCX member Target to support Apple Pay

May 28th, 2015

US discount retail giant Target has become the latest member of retailer-led consortium MCX to reveal its intentions to support Apple Pay, following Best Buy’s announcement that it will roll out support for the NFC mobile payments service this year. “Target CEO Brian Cornell on Wednesday said his company wants to integrate Apple Pay across its retail chain, but must first install POS technology with chip-and-pin or chip-and-signature technology,” Apple Insider reports. MCX requires members to exclusively support its own yet-to-launch CurrentC mobile payments service.

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