Latest Eftpos News: Finextra Research

In face of mobile money onslaught, Atmia makes pro-cash rallying cry

With mobile money hogging the headlines thanks to the recent launch of Apple Pay, the ATM Industry Association (Atmia) is hitting back with a campaign extolling the virtues of old-fashioned cash.

27 October 2014

News/Eftpos

Apple Pay hits roadblock as US pharmacies disable NFC access

Two of the biggest pharmacy chains in the US have disabled NFC terminals in an attempt to shut out Apple Pay ahead of the launch of retailer-backed platform CurrentC in 2015.

27 October 2014

News/Eftpos

Etsy moves offline with mPOS play

E-commerce marketplace Etsy is setting its sights on the real world, entering the crowded mPOS market with its own app and card reader combo.

23 October 2014

News/Eftpos

Apple Pay launches

Apple Pay enjoyed a relatively smooth launch in the US today, with customers of some of the country's biggest banks able to use their iPhones to make purchases at a host of bricks-and-mortar and virtual stores.

20 October 2014

News/Eftpos

Westpac rolls out PayTag contactless stickers

Westpac NZ is to issue customers with NFC stickers that can be attached to phones for contactless payments of up to $80.

20 October 2014

News/Eftpos

Obama signs chip and PIN executive order

US president Barack Obama has signed an executive order mandating the use of chip and PIN technology at executive departments and agencies for card payments.

17 October 2014

News/Eftpos

Half of US POS terminals to accept chip cards by end of 2015

Nearly half of US merchant terminals will accept EMV chip card payments by the end of next year, according to a trade body set up to push the migration from magstripe plastic.

17 October 2014

News/Eftpos

Chicago transport system gets mobile ticketing app

From early next year Chicagoans will be able to pay for their bus and train journeys through a mobile ticketing app, although NFC m-payments will not be an option until 2016.

17 October 2014

News/Eftpos

Apple Pay to launch on Monday; banks rush to sign up

Apple Pay will launch in the US on Monday, enabling Americans to use their iPhones to make payments at the likes of Target, Uber, Groupon, and Starbucks.

16 October 2014

News/Eftpos

W3C standards body looks to improve web payments

The World Wide Web standards organisation, W3C, is bringing together banks, retailers and tech firms in an effort to develop standards for payments on the open web.

15 October 2014

Company update/Eftpos

Iceland's Snorrason acquires Handpoint merchant portfolio

Snorrason Holdings ehf, a leading provider of international payment processing services, announced today that it has signed an agreement with Handpoint, a leading mPOS (mobile point-of-sale) platform provider, to acquire Handpoint’s Icelandic merchant portfolio.

14 October 2014

News/Eftpos

AmEx and McDonald's offer burgers for points

American Express cardholders in the US can now pay for their Big Mac and fries in real time with reward points.

14 October 2014

Company update/Eftpos

Worldline appoints United Brands as reseller for Middle East and Africa

Worldline [Euronext:WLN], European leader in the payments and transactional services industry, signed a reseller-partnership with United Brands.

14 October 2014

News/Eftpos

Bank-owned ConCardis invests in German iPad POS firm orderbird

ConCardis, a cashless payments outfit owned by a group of German banks, has led a $10 million series b funding round in iPad point-of-sales firm orderbird.

14 October 2014

News/Eftpos

Japanese messaging outfit Line moves into payments

Japanese messaging giant Line has become the latest social media player to enter the payments market, unveiling a service for both online and in-store transactions.

13 October 2014

News/Eftpos

Kmart joins retailer hall of infamy following eftpos hack

US discount chain Kmart has become the latest big ticket retailer to fall victim to a POS malware breach at its bricks and mortar stores.

13 October 2014

News/Eftpos

Russian faces further counts in POS hacking case

A Russian man accused of hacking into point-of-sale terminals and selling stolen card data on online forums has had a batch of new charges thrown at him ahead of his trial in a US court next month.

10 October 2014

News/Eftpos

NZ mobile wallet venture preps for launch

New Zealand banks ASB and BNZ are to participate in live pilot trials of a new national mobile wallet developed by NFS NZ, a joint venture company established by the country's leading mobile networks and bank-owned eftpos firm Paymark.

10 October 2014

News/Eftpos

Pay-by-fridge: Canadians ready for mobile money and more

Forget mobile payments, many Canadians are ready to shop through their internet-enabled fridges and chips implanted in their fingers.

08 October 2014

Company update/Eftpos

Adyen appoints Ingenico's former mobile payments head Thienpont as MD point-of-sale solutions

Adyen, the global provider of omni-channel payment solutions, today announced the appointment of Jean-Marc Thienpont as Managing Director, Point-of-Sale Solutions.

08 October 2014