Square gets green light to take on banks with ‘PIN on glass’ mobile technology

Square gets green light to take on banks with ‘PIN on glass’ mobile technology — Australian Financial Review — “Banks are set to face more competition in the lucrative mobile point of sale technology game as secret trials featuring Twitter founder Jack Dorsey’s payments company Square are set to help credit card companies allow more payments through smartphone screens.”








Zain signs MoU with Mastercard to boost digital payment services in Jordan

Zain signs MoU with Mastercard to boost digital payment services in Jordan — Mastercard — “Zain has been approved to issue Mastercard prepaid cards linked to the Zain Cash mobile wallet to provide subscribers with the advantage of obtaining and utilizing the card locally and globally through a network of more than 50 million points of sale… as well as the possibility of shopping online and using it on the ATM network.”




Tipping point for Apple Pay as majority of UK tills accept limitless payments

Tipping point for Apple Pay as majority of UK tills accept limitless payments — The Telegraph — “Jennifer Bailey, the head of Apple’s payments business, said over half of contactless payment terminals in the UK are now able to take Apple Pay transactions of any value. The company says Apple Pay transactions in the UK have grown by 300pc in the last year, with 23 banks now supporting the service.”





Thailand to get standardised QR code payments in move towards cashless society

Bank of Thailand

Mastercard, Visa and UnionPay International have introduced a standardised QR code platform for payments in Thailand that will let consumers make a transaction with their mobile device at any supporting location. The service has been designed to support the Bank of Thailand’s cashless agenda which aims to “drive innovation, interoperability and security in payments” across the country. More





Mastercard tests biometric payments card in South Africa

Employees at Pick n Pay supermarket stores and Absa Bank staff across South Africa have been trialling a biometric card developed by Mastercard that lets them make a payment at any EMV terminal and authenticate the transaction by placing their finger on the embedded sensor. Additional trials are planned over the next few months, with a full roll out expected “later this year”. More



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