Latest Eftpos News: Finextra Research

Samsung Pay takes on Apple in China

South Korean electronics giant Samsung has waded into the huge but competitive Chinese mobile money market, teaming up with China UnionPay to launch its payments service in the country.

29 March 2016

News/Eftpos

Ingenico on acquisition trail

Ingenico is projecting a $500 million revenue boost from 'targeted acquisitions' in the payment space as it sets out a 2020 turnover objective of EUR4 billion.

24 March 2016

News/Eftpos

Major UK banks line up in support for Android Pay launch; Nationwide pulls plug on V.me

Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are the first banks to have lined up behind Google for the forthcoming launch of Android Pay in the UK

23 March 2016

News/Eftpos

Huawei launches Chinese NFC payments service

Chinese handset manufacturer Huawei has teamed up with China UnionPay on an NFC-based mobile payments service, taking on a host of local rivals and Apple, according to the Wall Street Journal.

23 March 2016

News/Eftpos

Mobile payment network rolled out in Austria

Payment Services Austria is rolling out a national SIM-based NFC mobile payments app for Maestro cardholders using Android handsets.

17 March 2016

News/Eftpos

Icici introduces HCE-based contactless mobile payments

In what it claims is an Indian first, Icici Bank has launched an HCE-based contactless mobile payments service, enabling nearly 30 million customers to make in-store purchases with a tap of their smartphones.

15 March 2016

News/Eftpos

Administrators sell failed Powa units

Administrators have found buyers for two units of Powa Technologies, the failed payments startup that once claimed to be worth $2.7 billion.

03 March 2016

News/Eftpos

Google pilots Hands Free payments app

Google has begun testing its Hands Free payments app, letting a small group of people in San Francisco leave their wallets and phones in their pockets and pay just by talking.

02 March 2016

News/Eftpos

Android Pay coming to the UK - Telegraph

Google will bring its Android Pay service to the UK next month, according to the Daily Telegraph.

29 February 2016

News/Eftpos

UK contactless spending trebles in 2015

Spending on contactless cards in the UK rose more than three-fold in 2015 to reach £7.75 billion, propelled by an increase in the spending limit to £30 and the ongoing popularity of transit payments on the London transport network.

26 February 2016

News/Eftpos

Fed staffers put a downer on mobile payments party

While the crowds at Mobile World Congress in Barcleona lap up the latest innovations in mobile payments and biometric security, party-pooping staff at the Federal Reserve Bank of Atlanta have cast a more sober eye over the potential for mass-market uptake of new-fangled payment methods.

23 February 2016

News/Eftpos

UK hits 10 year Chip and PIN anniversary

A decade on from the introduction of Chip and PIN in the UK, almost four in every five pounds of spending at British retailers is made through debit and credit cards.

15 February 2016

News/Eftpos

Wendy's investigates possible card data breach

American fast food chain Wendy's is investigating possible fraudulent charges to cards used at some of its restaurants.

27 January 2016

News/Eftpos

UK becomes 'cash-second' nation as contactless payments soar

Britain has become a "cash-second" nation, claims Visa Europe, which saw an explosion in contactless payments drive an 11.5% rise in the number of transactions it recorded in the country last year.

26 January 2016

News/Eftpos

Australian bank boycott of Apple Pay continues as NAB rolls out Android rival

National Australia Bank has launched a new mobile payment service for Android smartphones, NAB Pay, as the country's biggest banks continue their boycott of iOS rival Apple Pay.

25 January 2016

News/Eftpos

CaixaBank first in Spain to introduce Samsung Pay

CaixaBank and its newly-launched mobile subsidiary imaginBank are to be the first in Spain to roll out mobile payments services on Samsung Pay.

22 January 2016

News/Eftpos

More Swiss banks join Paymit ahead of high street expansion

Paymit, the mobile-to-mobile payment app developed by UBS, Zurcher Kantonalbank, Swisscom and SIX has recruited an additional three banks ahead of a planned February roll out to retailer eftpos terminals.

21 January 2016

News/Eftpos