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Eftpos

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One-quarter of Europeans ready to try out wearable payments

One-quarter of Europeans ready to try out wearable payments

The overwhelming popularity of contactless cards is peaking shopper interest in new form factors, as fresh research from Mastercard suggests that one-quarter of Europeans expect to start using tap-and-go payments with a smartwatch, bracelet, keyring or other forms of wearable payments.

22 February 2018

Third of UK SMEs expect Bitcoin on the high street by 2020

Third of UK SMEs expect Bitcoin on the high street by 2020

Over a third of UK small business owners expect cryptocurrency payments to become a reality on the high street within two years, according to a survey from card machine vendor Paymentsense.

19 February 2018

PayPal Here mPOS hardware gets makeover

PayPal Here mPOS hardware gets makeover

PayPal is shipping two new mPOS devices, one which accepts card swipe transactions and another for chip and tap payments.

08 February 2018

MyPOS launches in the UK

MyPOS launches in the UK

A new mPOS outfit has launched in the UK, promising to give retailers instant access to their funds by eschewing the bank system in favour of its own e-money account.

01 February 2018

Brisbane Airport stores to accept cryptocurrency payments

Brisbane Airport stores to accept cryptocurrency payments

Jet-setters waiting for their flights at Australia's Brisbane Airport will soon be able to pay for their duty free with cryptocurrencies.

26 January 2018

Mobile wallet providers join forces for unified QR payments in Singapore

Mobile wallet providers join forces for unified QR payments in Singapore

Seven mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, Mastercard, UnionPay International and Wirecard, have formed a consortium to help push the adoption of a single QR code-based payment scheme in Singapore.

25 January 2018

ABN Amro pulls out of Payconiq mobile app coalition

ABN Amro pulls out of Payconiq mobile app coalition

As it starts piloting in the Netherlands this week, mobile payments app Payconiq has lost the backing of one of its major bank partners, ABN Amro.

23 January 2018

Google puts its brand behind payments

Google is merging its disparate payment programmes, including Android Pay and Google Wallet, into a single brand dubbed Google Pay

09 January 2018

ABN Amro moves on wearable payments

ABN Amro moves on wearable payments

ABN Amro is inviting 500 of its customers to participate in a live trial of a range of wearable devices - including a ring, watch, bracelet or keyring - for making contactless payments.

08 January 2018

Bankwest opens waiting list for wearable payments ring

Bankwest opens waiting list for wearable payments ring

Australia's Bankwest is inviting customers to join the wearable payment movement as it prepares for the release of a contactless payments ring which enable touch-and-go transactions with a fist pump at the point of sale.

04 January 2018

Tsys agrees $1.05 billion takeover of Cayan

Tsys agrees $1.05 billion takeover of Cayan

Mergers and acquisitions activity in the hot payments space shows no sign of abating as Tsys agrees a $1.05 billion deal to buy out Boston-based merchant acquirer Cayan.

19 December 2017

Retailers eye the potential of Open Banking

Retailers eye the potential of Open Banking

Large retailers are eyeing up the potential benefits of the forthcoming introduction of revised payment rules in Europe, with a sizeable proportion planning to tap directly into consumer account data to drive down transaction fees, tailor products, and create innovative loyalty programmes, according to research from Accenture.

18 December 2017

Portland puts virtual transit fare card in Android Pay

Portland puts virtual transit fare card in Android Pay

Google has teamed up with Portland's public transport operator TriMet to make the world's first virtual transit fare card available within Android Pay.

14 December 2017

IZettle raises a further EUR40 million

IZettle raises a further EUR40 million

Swedish mPOS pioneer iZettle has raised €40 million in funding to accelerate growth and pave the way for a potential IPO.

13 December 2017

CBA to roll out 'tap-on-phone' contactless payments

CBA to roll out 'tap-on-phone' contactless payments

Commonwealth Bank of Australia business customers will soon be able to accept a payment by simply tapping their phone with a contactless card or mobile wallet.

12 December 2017

ABN Amro brings Tikkie P2P payments app to the high street

ABN Amro brings Tikkie P2P payments app to the high street

ABN Amro is looking to bring its popular Tikkie P2P payments app to the high street, trialling a system that lets people skip the checkout line and buy goods simply by scanning them with their phones.

08 December 2017

See, hear, feel: Visa rolls out 'sensory branding'

See, hear, feel: Visa rolls out 'sensory branding'

In an ever-expanding universe of connected, payments-enabled devices, Visa is looking to reassure consumers (and promote itself) with a "sensory branding" programme that will use sound, animation and haptic cues to signify completed transactions.

07 December 2017

Target launches mobile wallet

Target launches mobile wallet

Following in the footsteps of Walmart and CVS, Target has become the latest American retail giant to launch its own mobile payments service.

05 December 2017

Visa claims UK interchange victory

Visa claims UK interchange victory

Visa is looking to play nice with UK retailers after scoring a High Court victory in a long-running battle over interchange fees.

30 November 2017

In Europe, cash still dominates at the POS

In Europe, cash still dominates at the POS

Cash still dominates at the point of sale in Europe, accounting for more than three quarters of all in store transactions in the euro area last year, according to an ECB study.

27 November 2017