1692 articles tagged with this keyword
News/Eftpos
The UK's love affair with contactless payments continues to flourish, with almost one in two transactions now tap and pay, according to Mastercard figures.
17 September 2018
Fintech unicorn Klarna is buying the retail financing arm of merchant bank Close Brothers to strengthen its position in the UK market.
14 September 2018
Cards now account for more than three quarters of the value of retail purchases in the UK, as contactless payments continue to eat into cash's share of the pie.
11 September 2018
Lloyds Bank is apologising to consumers and merchants after a glitch in its Cardnet eftpos terminals charged thousands of customers twice for debit card payments, and under- or overpaid settlement funds in merchant accounts.
05 September 2018
Google and Mastercard struck a secret deal that used card transaction data to let some US merchants see when online ads led to sales at physical stores, according to Bloomberg.
31 August 2018
US authorities have charged three Ukrainians accused of being members of Fin7, a notorious cybergang believed to have hacked into the systems of over 100 American companies, stealing millions of card details from thousands of POS terminals.
03 August 2018
Italian debit network Bancomat has teamed up with SIA to bring mobile money services to its millions of cardholders.
31 July 2018
Softbank is tapping into its relationship with India's Paytm for a new QR code-based mobile payments joint venture with Yahoo Japan.
27 July 2018
Cambridge City Council has installed contactless 'giving points', enabling people to tap their card or phone to make donations to a charitable fund for rough sleepers.
19 July 2018
Aeon Financial Services is teaming up with Fujitsu to trial a biometric system that lets Japanese shoppers pay for their groceries with their hands.
13 July 2018
Nordic bank Handelsbanken is entering the wearable payments market, trialling a micro contactless card that can be put into a wristband, bracelet, watch strap or keyring.
11 July 2018
Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.
28 June 2018
PayPal's hugely popular P2P payments app Venmo is looking to conquer the high street through the introduction of a Mastercard debit card.
25 June 2018
Customers of the bank of Ireland were hit with a debit card glitch on Thursday that left them unable to withdraw money or pay for goods.
22 June 2018
Finland's OP Financial is to make its Pivo mobile wallet available for contactless payments at Nets' 300,000-strong network of merchants, both instore and online.
21 June 2018
Banco Sabadell's digital venture hub InnoCells has bought a Spanish startup that offers consumer financing at the physical and online point-of-sale. Financial terms were not disclosed.
More than five million transactions across Europe failed during Visa's 10 hour outage earlier this month, but the company's response has satisfied UK politicians probing the incident.
19 June 2018
UK politicians are calling Visa to account for the hardware failure on Friday that left people across the UK and Europe unable to use their cards to pay for goods and services.
05 June 2018
Card network Visa has confirmed that it is suffering a "service disruption" in Europe, leaving shoppers unable to use their cards at the point-of-sale.
01 June 2018
PayPal's shopping spree continues as the US behemoth makes its third investment in a fortnight, joining with Singapore's Temasek to pay $125 million for a minority stake in Indian digital retail payments platform Pine Labs.
31 May 2018
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