Eftpos

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/Eftpos

Toronto Transit Commission rolls out debit and credit card payments

The TTC is reminding customers that starting tomorrow, Tues., Aug. 15, adult single use fares can be paid for at subway station fare gates, and on board all streetcars, buses and Wheel-Trans vehicles, with the tap of a debit or credit card, including with cards on a smartphone or smartwatch.

SumUp scoops $100 million credit facility for roll out of cash advance product

/payments

SumUp scoops $100 million credit facility for roll out of cash advance product

London-based unicorn SumUp has picked up a $100 million credit facility from Victory Park Capital to drive the launch of a cash advance product for UK and European merchants.

/payments

Tap to Pay on iPhone comes to Zettle by PayPal

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on iPhone is now available for Zettle by PayPal customers.

/Eftpos

POS player Lopay signs with TrueLayer for instant settlement

TrueLayer, Europe’s leading open banking payments network, today announces that Lopay, the UK’s highest-rated point-of-sale (POS) solution, now offers its real-time settlement solution to its 20,000 businesses.

Nexi acquires 30% stake in Computop

/payments

Nexi acquires 30% stake in Computop

Italian paytech Nexi has acquired a 30% stake in German payments processor Computop for an undisclosed sum.

/payments

Viva Wallet introduces Apple Tap to Pay

Viva Wallet, a leading European cloud-based neobank, now enables UK merchants to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone and its Viva Terminal iOS App.

Block sues Visa and Mastercard over interchange fees

/payments

Block sues Visa and Mastercard over interchange fees

Block is suing Mastercard and Visa over the interchange and other fees imposed by the duopoly on the Square payments platform.

Egyptian payments startup Flash picks up $6 million seed investment

/startups

Egyptian payments startup Flash picks up $6 million seed investment

Flash, an Egyptian startup offering cashless transactions to businesses via QR Codes, has closed a $6 million seed funding round.

/payments

Mastercard inks deal with UAE's Nirvana Travel and Tourism

Mastercard and Nirvana Travel and Tourism – one of the UAE’s leading travel and tourism management company – have joined forces in an exclusive collaboration aimed at providing a unique payment solution to customers who book travel services in the UAE, Saudi Arabia, Egypt and Jordan.

/payments

Mastercard, Virta and Worldpay team on card payments for EV charging stations

Today, Virta and Mastercard announced the launch of the new Virta Payment Kiosk solution, setting safety and reliability standards for unmanned outdoor card payment solutions for EV charging.

Bank-backed Irish payments app faces more delays

/payments

Bank-backed Irish payments app faces more delays

Synch Payments, the mobile payments joint venture set up by Ireland's leading banks, will not launch until at least next year after being told it needs approval under EU rules.

/payments

PayPal disables card readers with Tap-to-Pay on Venmo and Zettle

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on Android is rolling out for Venmo business profile users in the U.S., enabling them to accept contactless payments directly on their Android mobile devices with no additional hardware or upfront cost.

/security

G+D and Netcetera 3-D Secure server certified by eftpos Australia

Global payments security company Netcetera announced today that its 3DS Server has received certification from eftpos, Australia’s go-to payment system for domestic debit and e-commerce transactions.

/payments

Tyl by NatWest to accept Discover payment cards

Tyl by NatWest has partnered with Discover Global Network to increase its card acceptance options for Tyl merchants and end consumers. Discover, Diners Club International and network alliance cardholders, all part of Discover Global Network, will be able to use their cards and mobile payment products with all Tyl by NatWest merchants.

/payments

Payabl. rolls out POS product for in-person payments

Today, payabl., a leading payments company, announced the launch of its point-of-sale (POS) solution for in-person payments.

/payments

Toast picks FreedomPay as preferred payments gateway partner

FreedomPay, the world’s leading independent commerce platform and Toast, the all-in-one digital platform built for the entire restaurant community, signed a partnership agreement making FreedomPay Toast’s preferred payments gateway partner for select enterprise brands.

Open banking payments startup Atoa raises $6.5m

/payments

Open banking payments startup Atoa raises $6.5m

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $6.5 million in seed funding round led by Peter Thiel-backed Valar Ventures.

The Netherlands gets nationwide contactless public transport payments system

/payments

The Netherlands gets nationwide contactless public transport payments system

The Netherlands has become the first country to launch a fully contactless public transport payments system nationwide.

/people

SumUp appoints Hermione McKee as CFO

Global fintech SumUp has today announced the appointment of Hermione McKee as Chief Financial Officer, effective as of May.

/payments

Nets launches Npay terminal in Finland

Nets, part of Nexi Group, the European PayTech, is launching its new Npay terminal in Finland.

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