Eftpos

1692 articles tagged with this keyword

/payments

UK's 'buy now, pay later' market booms despite credit score concerns

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.

/payments

New York to ban cashless stores

New York City Council has voted to ban cashless stores and restaurants, arguing that they discriminate against the unbanked.

/Eftpos

India requires cardholders to opt in to contactless payments

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.

/payments

WorldPay and Visa back African payments firm Flutterwave

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.

/Eftpos

Visa unveils Tap to Phone contactless payments programme

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.

/regulation

Dixons Carphone fined £500k over massive data breach

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.

/Eftpos

Tencent and UnionPay integrate QR code systems

Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports.

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NTT Docomo taps UWB for hands-free payments

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.

/Eftpos

Intesa Sanpaolo to offload merchant acquiring business to Nexi

Intesa Sanpaolo is to sell its merchant acquiring business at 380,000 points of sale across Italy to local payments processor Nexi for €1000.

/Eftpos

Nets pilots pay by face

With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition at a cafeteria in Denamrk.

/Eftpos

Buy-now, pay-later firm FinAccel raises $90 million to broaden financial services offering

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.

/Eftpos

IZettle ships mPOS device made from ocean plastic

Swedish mPOS vendor iZettle has launched a recycled card reader made from fishing ropes and nets collected from the North and Baltic seas.

/Eftpos

Nestle store in Spain trials facial payments

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.

/payments

Visa invests in ultrasonic data transmission firm

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.

/Eftpos

Visitors to China get Alipay/WeChat Pay access

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.

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Kroger ends Visa ban

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.

/Eftpos

Samsung Pay gets international money transfers and virtual debit card

American users of Samsung Pay can now send money overseas and sign up for a virtual Mastercard debit card.

/Eftpos

Mizuho partners InComm to roll out J-Coin Pay to retailers

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.

/Eftpos

Competition watchdog fines PayPal for breach of rules during iZettle probe

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.

/Eftpos

Starbucks Japan launches NFC-enabled pen

Japanese caffeine hounds can now pay for their salted caramel mocha frappuccinos with a Starbucks-branded NFC-enabled pen.