Eftpos

1692 articles tagged with this keyword

/payments

UK competition watchdog says PayPal-iZettle deal could push up prices

PayPal's $2.2 billion takeover of Swedish mobile payments firm iZettle could lead to higher prices and worse service for UK customers, a Competition and Markets Authority (CMA) investigation has found.

/payments

Amazon looks to take mobile payments to brick-and-mortar stores

Amazon is opening up a new front in its battle to dominate the retail world, lining up brick-and-mortar stores to start accepting its mobile payments system, according to the Wall Street Journal.

/payments

Dispute with IT provider sees Mozambique interbank system knocked out

A dispute between Mozambique's interbank payments system operator and its IT provider which has led to accusations of "blackmail" has left millions of people unable to use their cards at the point-of-sale or ATMs.

/payments

Costa Coffee launches contactless reusable cups

Barclaycard has joined forces with UK chain Costa Coffee to launch a reusable coffee cup with integrated contactless payments technology that enables users to pay for their caffeine with a wave of their mug.

/Eftpos

Former Google Wallet chief raises $100m for payment terminal OS

Poynt, the payment terminal startup founded by former Google Wallet boss Osama Bedier, has raised $100 million in a Series C funding round joined by National Australia Bank and US Bancorp-owned Elavon.

/Eftpos

Nets to embed 'pay later' option in merchant terminals

Nordic payment processor Nets is collaborating with Finnish fintech Mash to provide an omni-channel 'pay later' option to shoppers across Scandinavia.

/payments

The Royal British Legion brings contactless donations to fundraising pub quizzes

As Armistice Day approaches, the Royal British Legion has introduced a new fundraising tool, a pub quiz pack that includes joker contactless donation cards that let players make donations.

/Eftpos

Hitachi and SBI form payments joint venture

Hitachi is moving into the merchant acquiring business, buying a 26% stake in SBI Payment Services in India.

/Eftpos

Ride-hailing app Grab launches prepaid Mastercard

Southeast Asian ride-hailing app Grab is pushing further into payments through the launch of a prepaid Mastercard card.

/security

SoGen tests biometric cards for limitless contactless payments

Societe Generale is trialling a payments card with a built in fingerprint reader that enables users to make contactless payments of any amount.

/Eftpos

Payments revenue to hit $2.4 trillion by 2027

The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.

/Eftpos

Contactless overtakes Chip and PIN for in-store transactions

Worldpay is declaring a tipping point for contactless payments in the UK, as tap and pay transactions overtake Chip and Pin for in-store card payments for the first time.

/Eftpos

Card fraud at EU payment terminals hits lowest level for 13 years

And now for something completely different - losses due to card fraud at EU payment terminals have fallen to the lowest level since 2005.

/Eftpos

Klarna lands $20 million investment from H&M

Fashion chain H&M has invested $20 million in Swedish checkout credit outfit Klarna.

/Eftpos

SingTel unveils cross-border mobile payments system

SingTel has launched a cross-border QR code-based mobile payments service that lets people use their phones for purchases in its home market of Singapore and Thailand.

/Eftpos

Stripe raises $245m at $20bn valuation

Payments outfit Stripe is now worth $20 billion after closing a $245 million funding round led by Tiger Global Management.

/Eftpos

Hong Kong faster payment platform goes live

Hong Kong has joined the faster payments club, launching a system that lets users send money nearly instantly to recipients using a mobile number or email address as an account proxy.

/Eftpos

Mastercard and Amex invest in 'pay-later' platform Divido

Mastercard and American Express are among the big names to join a $15 million Series A funding round for Divido, a consumer finance platform for retailers, lenders and payment partners.

/Eftpos

Stripe moves into in-store payments

Stripe is going after the high street, launching its own point-of-sale payments terminal package targeted at online retailers making the jump to offline.

/Eftpos

Singapore rolls out unified QR code payments

Singapore has launched what it claims to be the world's first unified payments QR code, which will be adopted by 27 payment schemes on the island.