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News/Cards
The Mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013, according to research from IHL Group
22 May 2013
Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.
21 May 2013
Contactless payments have reached a critical inflexion point, says Visa Europe, with more than 19 million transactions conducted across Europe in March.
20 May 2013
Telecom Italia and SIA Group have bagged a deal to develop mobile purchasing and ticketing services for Italian transit companies TPER Transport Passenger Emilia-Romagna, ANM Napoli and Start Romagna
17 May 2013
With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.
16 May 2013
The battle for control of the merchant cash register has stepped up a gear with Square launching an iPad point-of-sale device and PayPal promising limited free payments processing to retailers that junk their old shopping tills in exchange for a feature rich iPad equivalent.
15 May 2013
Eftpos Australia says it will begin mobile payments trials with selected Australian retailers in the next few months.
14 May 2013
Visa Europe has pledged to significantly cut its interbank fees for cross-border credit card payments and reform its rules following an anti-trust investigation by the European Commission.
Monitise has jumped on the mobile point-of-sale bandwagon, launching a white-labelled service for banks, mobile operators and acquirers to offer their business customers.
The card payment processing firms which saw their systems breached as part of two massive recent ATM heists have been named as India-based ElectraCard Services and EnStage.
13 May 2013
CIBC in Canada has expanded support for its mobile payments app from BlackBerry-only to Android devices, as wireless partner Rogers receives approval to incorporate as a bank.
10 May 2013
US authorities have charged eight people with taking part in two cyber-attacks that saw card data stolen from payment processors and used to withdraw $45 million from ATMs around the world.
The Nigerian government has commenced the roll out of 13 million MasterCard-branded National Identity Smart Cards with biometric and electronic payment capability as a pilot programme.
09 May 2013
Barclaycard is to move into the daily deals market with a new service which enables merchants to tap into its datasets to target consumers with tailor-made discounts and promotions.
08 May 2013
Chase has added a feature to its Jot app that enables small business cardholders to capture and file receipts using their mobile phone cameras.
07 May 2013
Around one in seven card payments of under £20 are now contactless at UK retail giant Marks & Spencer (M&S), which is processing more than 230,000 tap and pay transactions every week.
PayPal and Monitise are among a rich crop of first-time exhibitors making their way to Berlin in May for the pre-eminent annual event for the European payments industry, EBAday 2013.
03 May 2013
The bank-backed Mobey Forum has established a global task force to assess the mobile point of sale (MPOS) revolution sweeping across North America and Europe.
MasterCard is reporting positive results from a year-long global social media monitoring campaign, tapping into conversations across 43 markets worldwide to gain insights and drive its business strategy.
Mobile POS outfit Square has raided rival PayPal to appoint a new head of retail partnerships as the company reports fast growth in the tablet point-of-sale terminal market.
02 May 2013
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