Tuesday 25 July 2017
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
mPOS provider Square could soon be launching a physical Square Cash debit card, according to Recode... More
Mobile POS provider Square has launched in the UK... More
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
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
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
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 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
Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone... More
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
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’s contactless chip reader can now be paid for in instalments of US$1 per week for 60 weeks... More
Customers of UK healthy eating chain Tossed will only be able to pay for their orders using a chip card, contactless card or an NFC mobile payment app such as Apple Pay at the two new food outlets the company is opening in London this week. More
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More
Indian closed-loop mobile wallet provider FreeCharge has partnered with mobile point of sale provider Ezetap to let its users make in-store mobile payments at “thousands of Ezetap service points consisting of small and mid-sized retailers across India”... More
Mobile wallet provider FreeCharge has partnered with mPOS company ePaisa to offer its services to “thousands” of retailers across India... More
Visa has revealed it has a 9.99% stake of Class A shares in mobile POS provider Square... More
European mobile point of sale specialist Payleven has closed a US$10m Series D funding round, bringing the total raised to date to $51m... More
Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online... More
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