US retailers back chip and pin

“The US payments industry should undergo a coordinated migration to chip and PIN transactions which should support a broad range of payment types (contact, contactless, dual interface, debit, credit, stored value, private and ‘white’ label, etc.) and devices (cards, mobile devices, fobs, etc.),” says the Merchant Advisory Group, a retailer trade association whose members include Walgreens, Walmart, Target, Sears, McDonald’s, Best Buy and Home Depot... More


NFC POS demand growing

POS terminal supplier Verifone has entered “a must-have phase for chip-and-PIN almost everywhere around the globe,” CEO Douglas Bergeron told analysts during its fourth quarter earnings call, Bank Technology News reports... More





Visa moves US to EMV and NFC

Visa

“The adoption of dual-interface chip technology will help prepare the US payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale,” says the payments giant. More


NFC news in brief • 23 May 2011

Twitter

News in brief from the NFC world and beyond: Twitter and Docomo add ‘touch and follow’ • Doubletwist shares songs with NFC • Airtag offers P2P loyalty • Lifera and Taztag tie up • Lockitron opens doors with NFC • DPT unveils NFC-enabled car park pay machine • SK C&C USA rebrands as CorFire • Bayer puts antennas into decorative films • Mobey Forum expands • and much more…  More


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