Target equips staff with mobile POS terminals for faster Black Friday checkout
US discount store giant Target is equipping staff across its 1,800+ shops with mobile POS terminals “that’ll let you skip those Black Friday lines.”... More
mPOS
mPOS terminals to account for one in four POS transactions
Mobile point-of-sale devices to account for almost 1 in 4 POS transactions by 2023 — Juniper Research — “The adoption of mPos (mobile point-of-sale) devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPos transactions to over 87bn by 2023. This will represent a threefold increase over an estimated 28bn transactions in 2018.”
National Bank of Canada lets merchants accept contactless payments on their Samsung smartphones
National Bank launches Easy Pay, a mobile point-of-sale solution enabling Canadian SMEs to accept contactless payments — National Bank of Canada — “With Easy Pay, merchants can accept payments in person using a compatible smartphone — no peripherals required. After registering for the Easy Pay solution, they simply download the Easy Pay app in order to accept payments from customers using an eligible contactless credit card or via the customer’s digital wallet.”
White paper sets out how Trusted Execution Environments can be used to secure mobile payments, loyalty, credentials and more
A new white paper that looks in-depth at Trusted Execution Environment (TEE) technology, the architecture and principles underpinning its operation and how it can be used to secure a variety of mobile wallet and IoT applications is now available to download free of charge from the NFC World Knowledge Centre... More
Meet NFC World’s partners at Mobile World Congress
NFC World partners Antelop Solutions, Dejamobile, Rambus and STMicroelectronics will be at Mobile World Congress 2018 in Barcelona from 26 February to 1 March... More
Survey finds sales uplift in stores with mobile POS devices
In-store mobile could generate a 146% revenue boost in 2018 — Retail TouchPoints — “Retailers that are deploying in-store mobile POS saw a 24% average increase in sales in 2017 over retailers who don’t implement mobility in-store… Only 34% of retailers have deployed mobile POS, while 42% have armed their employees with mobile devices without a POS platform.”
Calling all payment, card and secure credential technology suppliers
2018 is set to be a pivotal year for banks, card issuers and secure credential providers around the world as new market entrants, regulatory environments and technical innovations place increasing pressure on traditional banking and card issuing business models... More
Mastercard lets Polish merchants accept payments with just their smartphones
Two hundred small businesses are to participate in a pilot that lets them accept contactless payments using just a mobile app on their NFC smartphones... More
Mahindra Comviva expands payment options for merchants in India
PARTNER NEWS: Mahindra Comviva has enhanced its PayPlus mobile POS solution to enable Indian merchants to accept payments via Aadhaar, Bharat QR, UPI, card and mobile wallets through a single interface... More
Square to launch physical debit card?
mPOS provider Square could soon be launching a physical Square Cash debit card, according to Recode... More
Square arrives in the UK
Mobile POS provider Square has launched in the UK... More
Square says ‘back end change’ brought down mPOS service
Mobile POS provider Square has blamed a “change we made to one of our back-end systems” for a service outage which affected payments and other services earlier this week... More
Square cuts processing costs to promote Apple Pay
Mobile POS provider Square is encouraging small traders across the US to promote Apple Pay to customers by letting them process more than US$12,000 worth of Apple Pay payments for free — a saving of $350 in processing costs... More
Mahindra Comviva takes digital payment services to the cloud
PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet and PayPlus digital payment services are now available in the cloud, enabling banks to “deploy services faster, adapt to markets quicker and serve their customers better”... More
16m NFC-ready POS terminals worldwide in 2016
Annual shipments of NFC-ready POS terminals are anticipated to reach an estimated 16.1m units worldwide this year, Berg Insight reveals, with more than 90% of new units shipped across Europe and North America supporting the technology... More
Mobile payments to become ‘de-facto payment mode’ in India after banknote change
Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes... More
Alipay gains acceptance in US and Europe
Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone... More
Square preparing for European launch
Mobile POS provider Square has incorporated a business called Squareup Europe in the UK, suggesting that the company could be setting itself up for its first European launch... More
NFC mobile payment users tip more, says Square
Customers who pay using NFC mobile payments are more likely to leave a tip, according to a survey by mobile POS provider Square. 73% of customers tipped when using NFC mobile payments compared to 71% who tipped using EMV and 67% who paid using magnetic stripe cards at the point of sale. More
Square offers weekly payment plan for contactless readers
Square’s contactless chip reader can now be paid for in instalments of US$1 per week for 60 weeks... More
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