Monday 30 November 2015 | RSS



    News about POS.

    Retail giant Otto to shutter Yapital mobile payments business

    November 27th, 2015

    German retail giant Otto Group is to close down its Yapital mobile payments service due to the “highly competitive but slow-developing digital payment business”. Yapital is to remain active as an e-money institution in the business-to-business (B2B) market,… More

    Diners Club launches mobile payments in Ecuador

    November 26th, 2015

    Credit card issuer Diners Club of Ecuador has launched PayClub, a service that lets consumers make mobile payments with any Diners or Visa Interdin branded card. To use the service, consumers select “manage card” on their mobile device and press the “generate code” option on the card they wish to use, Diners Club says. They are then “presented with a screen with a code for single use shopping, which you must deliver at the time of purchase”.

    Apple Pay signs deal with China UnionPay?

    November 25th, 2015

    Apple Pay has reached an agreement with China UnionPay to use its point-of-sale network to introduce the mobile payment service in China, according to Bloomberg. “Details of the agreement are yet to be finalized, pending feedback from banks that issue cards,” the publication reports. Apple is reportedly planning to launch Apple Pay in China before 8 February 2016.

    Swipp contactless payment opens up to 30,000 Danish merchants through Verifone deal

    November 24th, 2015

    More than 30,000 Danish merchants using Verifone POS devices will now be able to accept in-store mobile payments through Swipp — a service owned and supported by a consortium of more than 70 banks. This will be made possible via a “minor upgrade” to their existing terminals and “a number” of locations are expected to go live from December 2015, according to Swipp. More

    United Overseas Bank offers HCE mobile payments in Singapore

    November 24th, 2015

    Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization. More

    Singtel adds NFC to Dash mobile payments service

    November 20th, 2015

    Singapore mobile network operator Singtel has added NFC to its Dash mobile payment platform, letting customers make in-store payments with a tap. The NFC feature is available at more than 200 NTUC FairPrice locations, including… More

    Four in ten US consumers plan to make an in-store mobile payment this holiday season

    November 20th, 2015

    A total of 39% of US consumers surveyed by Research Now for Inside Secure say they plan to use their smartphone to make an in-store purchase during this holiday season, up from 33% last year. 17% of those who did not make a mobile payment last year say they plan to use a service like Apple Pay, Android Pay or Samsung Pay this year. More

    MasterCard integrates loyalty programs and mobile payments with new specification

    November 19th, 2015

    MasterCard has introduced a loyalty middleware specification that aims to ease the integration of loyalty programs with mobile payment apps. The standard has been designed to work with “different loyalty schemes, different POS terminals and… More

    Apple Pay goes live in Australia

    November 19th, 2015

    Apple Pay has begun rolling out across Australia, allowing American Express cardholders to make NFC mobile payments using iPhone 6, iPhone 6 Plus, iPhone 6S, iPhone 6S Plus and Apple Watch devices. More

    First National Bank adds coupons and vouchers to mobile app

    November 18th, 2015

    Customers of South Africa’s First National Bank (FNB) can now redeem mobile coupons and vouchers through the bank’s mobile banking app directly at the point of sale. Participating retailers include supermarket chains Checkers and Shoprite…. More

    Norway’s Valyou NFC wallet to shut down due to lack of user adoption

    November 18th, 2015

    The Valyou NFC mobile wallet developed by Norwegian mobile network operator Telenor and banking group DNB is to shut down due to a “much lower than expected end user uptake”. A lack of contactless terminals… More

    Startup unveils Bitcoin mobile wallet with NFC

    November 17th, 2015

    Startup Plutus is inviting consumers to take part in the alpha release of a Bitcoin mobile wallet that allows POS transactions via NFC. “It is powered by a Decentralised Exchange Network (DEX), which traders can use to buy and sell Bitcoin in return for fiat at the checkout,” the company says. “Merchants do not need to directly accept any digital currencies and customers can convert their balance into fiat on-the-go.”

    Edeka rolls out mobile payments to 800 stores

    November 16th, 2015

    German supermarket chain Edeka has added mobile payments to its mobile app, letting customers in 800 stores across the country complete transactions by presenting a barcode at the point of sale. “The barcode creates the link between your mobile phone and the POS system when shopping and is part of the payment process,” Edeka says. The service also includes loyalty and coupon redemption.

    McDonald’s and NTT Docomo launch mobile payments promo in Japan

    November 13th, 2015

    Customers of fast food chain McDonald’s will get a 3% discount on purchases made at 3,000 locations across Japan when they use mobile network operator NTT Docomo’s iD mobile payment platform from December 1. Diners using Docomo credit cards will also earn extra credit points and a loyalty program will operate at McDonald’s branches in Tokyo. More

    Pebble Time watches get contactless payment straps

    November 13th, 2015

    Wearable payments provider FitPay and connected watch maker Connectedevice have developed a smartstrap for the Pebble Time range of smartwatches that lets wearers make NFC payments. “Pagaré will use NFC technology combined with card network tokenization to interact with POS terminals at retail locations,” Fit Pay says. “Pagaré will leverage Fit Pay’s Trusted Payment Manager (TM) platform, which enables contactless payment capabilities on a wide range of wearable devices.”

    Gemalto assesses the mobile payments landscape

    November 12th, 2015

    A 24-page white paper designed to give banks, processors, OEMs, retailers and other issuers a clear overview of the evolving world of mobile payments is now available to download from the NFC World Knowledge Centre. More

    Worldpay employees trial finger vein biometrics for payments in stores

    November 11th, 2015

    Employees of UK-based payment processor Worldpay are taking part in a three week proof-of-concept trial to evaluate the use of finger vein technology (FVT) to authenticate payments at the point-of-sale without the need for a card. More

    SimplyTapp white paper spells out the ABCs of HCE

    November 11th, 2015

    A white paper that explains how host card emulation (HCE) functions and examines its implications for the future of the payments industry is now available to download from the NFC World Knowledge Centre. More

    College students make payments with selfies

    November 10th, 2015

    Students at Southwestern College in Kansas can now pay for their food and drink and earn loyalty points and rewards using their face, with no need to pull out their wallet or mobile device at the point-of-sale. More

    Samsung Pay to add P2P payments?

    November 9th, 2015

    Korean startup Hankook NFC has reportedly applied for a patent for a hardware module that would allow consumers to use Samsung Pay to transfer money between devices and pay with a credit card. “Once the module is installed, smartphones can be used as mobile credit card payment terminals,” Business Korea reports. “When you order some food for delivery or go to a gas station, you can pay for food or gas with your smartphone without any wireless credit card payment devices.”

    Page 1 of 2512345...1020...Last »