Eftpos

1692 articles tagged with this keyword

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Amazon targets unbanked with new cash option

Amazon has launched a service that lets Americans top up their accounts by handing over cash at the physical locations of partner retailers.

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CommBank hails Albert POS terminal

Commonwealth Bank of Australia says that its decision to move into the point-of-sale hardware market two years ago has proved a success, with more than 75,000 terminals operating across the country.

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In wake of EMV switch, US e-commerce fraud soars

As the US finally made the switch to EMV chip cards, last year saw e-commerce fraud rates jump by 33%, according to data from Experian.

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US Supreme Court rejects effort to revive $5.7bn interchange settlement

The US Supreme Court has refused to revive a $5.7 billion class action settlement between millions of retailers and Visa and MasterCard over interchange fees.

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Samsung makes wearable payments play

Samsung is bidding to expand NFC payments beyond phones to a host of wearable devices by teaming up with POS manufacturer Ingenico and app developer Smartlink to launch the Contactless Companion Platform (CCP).

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Oz banks brand iPhone NFC alternatives 'unrealistic'

The group of Australian banks fighting it out with Apple for access to the iPhone's near-field communication function say that it is "unrealistic" to expect them to settle for Android Pay and non-NFC alternatives.

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Samsung Galaxy S8 to use facial recognition for payments - Bloomberg

Samsung's new Galaxy S8 flagship handset will use facial-recognition technology to verify payments, according to Bloomberg.

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Britain to go cashless in 2043?

Britain will finally be cashless by 2043, at least that's what an online casino is betting after examining paper money's form.

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Startup trials POS palm payments

A Chicago startup has built a biometrics-based payments system that lets people make purchases by holding their hands over a scanner at the point-of-sale.

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Movado unveils smartwatches with Android Pay; Kerv launches contactless ring

Watchmaker Movado has partnered with Google on a collection powered by Android Wear 2.0 that will, among other things, let wearers make payments with a flick of their wrists.

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Verifone investigates network breach - Krebs

Point-of-sale terminal maker Verifone is investigating an internal network breach that may have affected several firms using its hardware, according to the Krebs on Security blog.

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Overlay skimmers found on Ingenico card readers

Crooks in the US are targeting Ingenico card readers at shop self-checkout lanes, placing overlay skimming devices on the machines to steal data and PINs.

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Brits warm to mobile tap and pay

Hurried workers grabbing lunch on the go and relaxing with an end-of-day pint are behind rising UK mobile contactless payment numbers, according to Worldpay.

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HSBC and Barclays customers hit by technical problems

After a weekend which saw many Barclays customers unable to make instore payments and ATM withdrawals, today it was the turn of HSBC business banking clients to suffer, locked out of their accounts online.

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QR code-based payment initiative rolls out in India

A government sponsored quick response(QR)code-based payment service, IndiaQR, has launched today in India, heralding the next major step in its ambition to be a cashless society.

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IBM and Visa join forces to turn billions of connected devices into points of sale

IBM has struck a deal with Visa which will give all of Big Blue's Watson IoT platform customers access to the card giant's payment services, potentially turning billions of cars, fridges, sneakers and other connected devices into points of sale.

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SIX issues mobile credit card in Austria

SIX Payment Services has issued a SIM-based virtual credit card for making mobile payments in Austria.

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Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

After a 10 month pilot, Google is ditching its Hands Free payments app, which let users leave their wallets and phones in their pockets and pay just by talking.

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After raising $5m, Qvivr gears up to launch wallet-replacing card

Qvivr, a US startup promising to replace the credit, debit, gift and loyalty cards in customers' wallets with a single card and app combo, has raised $5 million in a Series A funding round led by Khosla Ventures.

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Korea lays down plans for a 'coinless society'

Korea's Central Bank has outlined plans to pursue a 'coinless society' project by piloting a service that allows customers to receive small change from merchants as a top-up onto a pre-paid card.