News about POS.
August 28th, 2015
Spain’s CaixaBank has broadened its range of mobile payment services with the launch of CaixaBank Pay, a new app based on host card emulation (HCE) that allows users to make online and in-store payments at…
August 27th, 2015
Connected device maker Coin has released a new version of its electronic magnetic stripe card that is EMV-ready and incorporates NFC, allowing users to store credit and debit cards and make both contactless and swipe payment…
August 12th, 2015
Korean mobile network operator LG U+ will issue UnionPay mobile credit cards and payment services in China, in partnership with KB Kookmin Card, from next month. “The telecoms operator is about to obtain approval from the People’s Bank of China,” Business Korea reports. “The users can use NFC-based mobile credit card payments at five million UnionPay terminals in China.”
August 11th, 2015
Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that…
August 10th, 2015
Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device. “Ezetap is already activating over 500 new small retail merchants a week and will use some of its funds to increase that by five times in the next few months,” the company says.
August 7th, 2015
Hong Kong mobile network operator SmarTone has unveiled Kissco, an end-to-end mobile marketing platform incorporating Kiss Pay, a mobile payments service based on NFC and ultrasound technology, a Kiss Dollars loyalty program and Kiss Beacons…
August 7th, 2015
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards.
August 6th, 2015
PARTNER NEWS: Visitors to France’s largest music festival Vieilles Charrues had the opportunity to pay for refreshments during the event using an NFC payment system developed by ticketing solutions provider Weezevent that incorporated NFC wristbands supplied by RapidNFC.
August 4th, 2015
MasterCard has approved a solution that enables payment credentials to be provisioned to wearable devices with a secure element and NFC antenna. The move could give consumers the option of buying any wearable from a…
July 27th, 2015
Bitcoin mobile wallet provider OneBit has begun alpha testing its mobile payment service which works via NFC at the point of sale wherever MasterCard is accepted. “It will no longer be about whether or not a certain store accepts Bitcoin because the app executes the payment in the local currency,” Cryptocoins News reports. “The company will be announcing a more public version of the software in the coming months.”
July 27th, 2015
Mobile POS provider Square is reportedly set to go public after the company filed confidentially for an initial public offering. “Square has been working with Goldman Sachs Group, Morgan Stanley and JPMorgan Chase & Co,” Bloomberg reports. The company first surfaced in 2009 and most recently unveiled a new mobile POS device to enable small traders to accept Apple Pay in the US.
July 22nd, 2015
Mumbai-based LivQuik, the company behind mobile payment service QuikWallet, has raised US$1.6m from existing investor Snow Leopard Ventures to scale its team, technology and merchant base. “Payment options include SMS, NFC, QR codes, mobile applications and POS software,” IndianWeb2 reports. “Currently, it caters to 1,000 merchants. It has around 100,000 users.”
July 14th, 2015
Apple Pay is now live across the UK, enabling consumers with iPhone 6, iPhone 6 Plus and Apple Watch devices to make NFC mobile payments at more than 250,000 locations and across the Transport for…
July 13th, 2015
UK bakery chain Greggs has updated its app to include NFC for payments and rewards redemption using technology from POS provider Spire Payments and Eagle Eye. “Android users tap their phone against the card terminal, which will connect to Eagle Eye’s AIR platform,” Eagle Eye says. “Customers can pay, get a coffee stamp and receive instant offers and rewards.”
July 10th, 2015
More than 17m users of Indian mobile wallet service MobiKwik will be able to make in-store payments at 55 WHSmith India stationery and book stores, the first time the service has been available for payments…
July 9th, 2015
More than 5,000 attended and unattended Amano McGann car parks in the US are to be upgraded to support EMV and NFC mobile payments, using security solutions provider Apriva’s Gateway system. “Once integrated, applications and POS solutions can communicate with the Apriva Gateway over a wired or wireless network, providing access to payment processing providers,” Apriva explains.
July 9th, 2015
US restaurants using Revel Systems’ iPad point-of-sale service will be able to activate mobile payments platform Zapper as an additional payment option for customers. “Diners will be able to scan a QR code printed on their bill and pay from the app, without having to wait on their server,” Zapper says. “The offering gives restaurants a fully integrated pay-at-table mobile solution.”
July 7th, 2015
Shops and restaurants in Macau which accept the Macau Pass contactless card can now apply to upgrade their terminals to enable support for Alipay mobile payments and China UnionPay Quick Pass cards. “This new service mainly targets the city’s souvenir shops, supermarkets, convenience stores, bakeries and restaurants,” George Zhang from Macau Pass’ said in Macau Business Daily.
July 7th, 2015
Dutch mobile order and payment provider MyOrder is to add virtual cards based on host card emulation (HCE) issued by German payments technology provider Wirecard to its app later this year, which will let users make in-store payments at any terminal that accepts Maestro contactless. The service lets users order and pay in advance using their smartphone at more than 14,500 participating retailers in the Netherlands.
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…