Latest Eftpos News: Finextra Research

PaymentsNZ launches new standards for mobile payments

National payments umbrella organisation Payments New Zealand has launched new Mobile Device Rules and Standards designed to govern mobile payments system and protect businesses and consumers.

26 March 2014

News/Eftpos

POS start-up Vend secures $20m funding

New Zealand-based online point-of-sale software vendor Vend has scored US$20 million in a funding round led by PayPal co-founder Peter Thiel's Valar Ventures and Square Peg Capital.

25 March 2014

News/Eftpos

Zapp confident of signing more banks but no word on retail partners

UK mobile commerce outfit Zapp says it is hopeful of bringing more major banks onboard ahead of its launch later this year but has still not gone public with any retail partners.

20 March 2014

News/Eftpos

AmEx invests in Indian mPOS startup Ezetap

Bangalore-based Ezetap has secured investment from American Express to help it bring mPOS technology to Asia and Africa.

20 March 2014

News/Eftpos

Google Wallet kills support for NFC payments in pre-KitKat handsets

Google Wallet is hastening the migration to Host Card Emulation by killing off support for contactless payments in handsets that don't run the latest KitKat Android operating system.

18 March 2014

News/Eftpos

Contactless card quirk sees London buses charge commuters twice

Transport for London has wrongly charged bus passengers several thousand pounds because its Oyster readers have taken money from the wrong cards.

17 March 2014

News/Eftpos

Digicash launches Beacon mobile payments using Sepa credit transfers

Luxembourg's bank-led mobile payments scheme Digicash has begun piloting in-store beacon devices that let customers use their handsets to make Sepa credit transfers straight from their current accounts.

14 March 2014

News/Eftpos

Starbucks adds digital tipping to mobile app

Coffee chain behemoth Starbucks has revamped its iPhone app to let customers tip baristas digitally and pay with a shake of their handsets.

12 March 2014

News/Eftpos

Americans and Europeans wary of in-store mobile payments - survey

Only a quarter of people in the US and Western Europe are willing to use their mobile devices for in-store payments, according to a survey from Bain & Company.

11 March 2014

News/Eftpos

Visa and MasterCard launch cross-industry effort to push US adoption of EMV

In the wake of the Target data breach, rivals MasterCard and Visa have joined forces to create a cross-industry group that will push for greater payment security, beginning with the introduction of EMV chip technology in the US.

07 March 2014

News/Eftpos

Retail Federation cheers JPMorgan Chase switch to chip and PIN

The National Retail Federation has called on American banks to follow the lead of JPMorgan Chase and move to chip and PIN credit cards, rather than chip and signature.

27 February 2014

News/Eftpos

PrivatBank launches HCE-based mobile NFC payments service

Beating banks around the world to the punch, Ukraine's PrivatBank has launched a host card emulation-based mobile NFC payments service.

27 February 2014

News/Eftpos

Contactless payments 'rocketing' in UK

New figures from WorldPay show contactless payments in the UK are rocketing, with 226% more contactless transactions compared to this time last year.

26 February 2014

News/Eftpos

Vodafone's Sanz insists that HCE is 'good news'

Vodafone's head of m-commerce in Spain has moved to allay fears that Visa and MasterCard's recently announced support for Host Card Emulation could hurt telcos' efforts to prosper in the mobile money arena, insisting to Finextra that HCE is "good news".

26 February 2014

News/Eftpos

Handelsbanken chooses VeriFone tech for mPOS foray

Handelsbanken is moving into the mPOS business, hawking VeriFone-built chip and PIN card readers to Sweden's micro merchants.

25 February 2014

News/Eftpos

Samsung and PayPal team to let Galaxy S5 owners pay by fingerprint

Owners of the new Samsung Galaxy S5 will be able to use the handset's fingerprint authentication system to make payments at online and in-store merchants that accept PayPal.

25 February 2014

News/Eftpos

Internet drives growth in European card fraud - ECB

Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.

25 February 2014