1692 articles tagged with this keyword
News/payments
The UK's point-of-sale credit market is surging, according to analysis from consultant Kearney, with two thirds of millennials now using 'buy now, pay later' services - despite some concerns about the impact on credit scores.
29 January 2020
New York City Council has voted to ban cashless stores and restaurants, arguing that they discriminate against the unbanked.
27 January 2020
News/Eftpos
All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.
23 January 2020
Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.
21 January 2020
Visa and Samsung are banishing the dongle, teaming up on a handset that enables merchants to accept contactless payments without the need for any additional hardware.
13 January 2020
News/regulation
UK consumer electronics retail group Dixons Carphone has been fined £500,000 after hackers compromised its point-of-sale system and gained access to the details of 5.6 million payment cards.
09 January 2020
Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports.
08 January 2020
Japanese telco NTT Docomo has teamed up with Sony and NXP Semiconductors to trial technology that lets shoppers make NFC payments without having to take their phones out of their pockets.
Intesa Sanpaolo is to sell its merchant acquiring business at 380,000 points of sale across Italy to local payments processor Nexi for €1000.
19 December 2019
With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition at a cafeteria in Denamrk.
09 December 2019
FinAccel, a Singapore-headquartered financial technology company that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised $90 million in a Series C equity funding round.
03 December 2019
Swedish mPOS vendor iZettle has launched a recycled card reader made from fishing ropes and nets collected from the North and Baltic seas.
20 November 2019
A Nestle grocery store in Spain has implemented a face payment system developed by CaixaBank and the bank's Payment Innovation Hub alliance, comprising partner institutions Global Payments, Visa, Samsung and Arval.
15 November 2019
Visa has made a strategic investment in Lisnr, an ultrasonic data transmission specialist offering an alternative to NFC and QR code-based mobile payments. The size of the investment has not been disclosed.
05 November 2019
Ant Financial and TenCent have launched versions of their mobile payments apps for foreign visitors to China, making it easier for travellers to make purchases in the increasingly cash-averse country.
US supermarket giant Kroger is accepting Visa credit cards at all of its stores again, ending a ban begun more than a year ago in protest at "excessive" interchange fees.
30 October 2019
American users of Samsung Pay can now send money overseas and sign up for a virtual Mastercard debit card.
04 October 2019
Mizuho Bank's J-Coin digital currency platform is coming to more than 18,000 retail locations thanks to an agreement between the Japanese lender and payments technology firm InComm.
30 September 2019
The UK's Competition watchdog has slapped a £250,000 fine on PayPal for a breach of rules following its $2.2 billion acquisition of Swedish mPOS vendor iZettle.
24 September 2019
Japanese caffeine hounds can now pay for their salted caramel mocha frappuccinos with a Starbucks-branded NFC-enabled pen.
20 September 2019
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