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POS

News about POS.

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

Bedier unveils Poynt POS

October 31st, 2014

The former head of Google Wallet has unveiled a payment terminal supporting mag stripe, EMV, NFC, QR codes and beacon technology with no add-ons or dongles needed. Poynt is both a stylish POS terminal and the name of the startup behind it. “We wanted to make sure this device would keep up with the rapidly changing payments landscape,” says Osama Bedier. “We call upon banks and developers to join us in this mission to do for merchants what smartphones have done for consumers — usher in a new chapter of commerce.”

Kili puts mPOS in a chip

October 31st, 2014

Payment processing solutions provider Kili Technology has unveiled a line of solution-on-a-chip processors that “allow designers to quickly bring to market certifiable mobile point-of-sale terminals that support all modes of payment including magnetic stripe, EMV contact and EMV contactless (via NFC) with the highest levels of security in the industry.” The processors go into production early in 2015.

A million consumers sign up for Apple Pay in first 72 hours

October 28th, 2014

Apple Pay saw more than one million card activations within 72 hours of launch and is already the leading NFC payments player in the US, Apple CEO Tim Cook has revealed during the Wall Street Journal’s WSJDLive event. Cook also outlined future growth plans for the service, including a potential partnership with Chinese ecommerce giant Alibaba. More

MCX retailers turn off NFC payments

October 27th, 2014

US pharmacy chains Rite Aid and CVS, both members of the MCX retailer-owned consortium which is due to launch its CurrentC mobile payment service in 2015, have stopped accepting NFC payments in the wake of the launch of Apple Pay. More

YesTap tests NFC shopping wall in Amsterdam

October 22nd, 2014

Mobile ordering startup YesTap has installed an NFC-based interactive shopping wall at Google’s Amsterdam offices which lets employees tap to order groceries and make a payment on their mobile device before collecting the items at the end of the day. More

Perkwave builds in Apple Pay for pay-at-the-table

October 21st, 2014

Harbortouch, a US-based point-of-sale system and merchant services provider, has unveiled Perkwave, a mobile app that uses Apple Pay to let customers pay at the table in participating restaurants. The service also includes loyalty and rewards functionality to encourage customers to pay using their mobile device. More

Amex commits $10m to EMV upgrades

October 20th, 2014

American Express is to launch a US$10m Small Merchant EMV Assistance Program in February 2015 to drive adoption of EMV. “We know from speaking with our smallest merchants that they are too busy running the day-to-day operations of their businesses to keep up with the constantly changing fraud landscape,” says Amex’s Anré Williams. “We’re launching this program to help educate small merchants about point-of-sale security and offset the cost of upgrading their terminals.”

Five hundred banks sign up for Apple Pay

October 17th, 2014

Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks… More

Patent provides insights into the inner workings of Apple Pay

October 9th, 2014

A newly published Apple patent application provides insights into how the iPhone maker’s new Apple Pay service will work, how the company has optimized the iPhone’s NFC capabilities to ensure the best possible user experience… More

CaixaBank rolls out contactless wristbands across Spain

October 9th, 2014

Spain’s CaixaBank is making contactless wristbands available to customers at all of its branches, enabling customers to make payments at any of the more than 300,000 contactless terminals in Spain by simply touching the band… More

Dash expands to Chicago

October 8th, 2014

Mobile payment provider Dash is expanding to Chicago, adding 20 restaurants and bars in the city to its existing base of 50 locations in New York. Customers wanting to use the service tell their waiter or bartender on arrival and Dash then connects their tab to the venue’s POS system, “allowing the items you’ve ordered to appear in real-time on your phone”. They then use the app to pay their bill at the end of their visit by selecting a payment card they have pre-linked to the app.

ALH rolls out Clipp mobile payments to 300 pubs across Australia

October 8th, 2014

ALH Group, operator of more than 300 pubs in Australia, is to introduce a mobile payment service developed by Clipp that allows customers to “open, view, share and pay their bar tab or restaurant bill securely… More

Mobile network operators partner with Boku to bring carrier billing to the physical world

October 3rd, 2014

Carrier billing provider Boku has partnered with UK mobile network operators O2, EE and Vodafone to make it possible for customers to charge public transport tickets, takeaway food, cups of coffee and other “click and… More

Samsung Pay lands in China

October 2nd, 2014

Samsung’s version of Apple Pay is now live in China, Korea’s Yonhap news agency reports. The phone maker has taken a similar route to Apple by partnering with EMVCo member China UnionPay, which has an installed base of 3.6m contactless POS terminals, for the launch of an NFC payment service for users of its devices. “The tie up with UnionPay, which controls 80% of China’s offline payment market, is expected to give Samsung a head start in the mobile payment sector,” the agency says.

Uber runs NFC marketing campaign in London pubs and clubs

September 30th, 2014

Taxi hailing service Uber is running an NFC marketing campaign in more than 100 London pubs, bars and clubs to promote downloads of its app to drinkers looking to book a taxi ride home. More

China Mobile picks Gemalto for NFC ticketing in Beijing

September 25th, 2014

China Mobile, the world’s largest mobile network operator, has chosen Gemalto to supply it with NFC-enabled SIMs “to protect consumer credentials used for mobile contactless applications​, starting with mass transit services in Beijing.” The SIMs… More

Macy’s unveils mobile payments and customer marketing plans

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… More

Subway to accept mobile payments in 26,000 US locations

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… More

MasterCard issues European contactless POS mandate

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.

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