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3185 articles tagged with this keyword

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Mobile payment network Zapp wins big-ticket retailer support

VocaLink-backed mobile payment venture Zapp claims to have won the the largest coalition of retailer support for a new payment method ever announced in the UK, as leading brands representing a customer base of some 35 million people sign up ahead of a projected 2015 launch.

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Square raises $150m

Square has raised $150 million in a funding round, led by the Government of Singapore Investment Corporation, that values the payments firm at $6 billion, according to the New York Times.

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Samsung ties up with China UnionPay for mobile payments service

Mobile handset manufacturer Samsung has partnered with China UnionPay to provide smartphone payment services to consumers in China.

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Global Payments signals support for Apple Pay

Global Payments Inc. (NYSE: GPN), one of the largest worldwide providers of payment solutions, is pleased to announce that its Integrated Solutions division, OpenEdge, fully supports Apple Pay, and will deliver the service to more than 2,000 integrated software application developers.

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Elavon Fanfare loyalty system available on VeriFone terminals

VeriFone Systems, Inc. (PAY), and Elavon, a wholly owned subsidiary of U.S. Bancorp (USB) and leading global payments provider, announced today that Elavon’s new Fanfare loyalty solution for small to mid-sized customers is now available on VeriFone’s countertop payment terminals and PIN pads—the VX 520 and VX 820.

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POS manufacturer breach puts cards at risk

Some 324 restaurants across the United States have had card data swiped following a breach at POS manufacturer Signature Systems.

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Home Depot says 56 million payment cards compromised in breach

US retail chain Home Depot says that 56 million payment cards are at risk following a malware-laden cyber-attack on eftpos tills across its stores in the US and Canada.

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Mahindra Comviva and First Data prep Indian mPOS rollout

India's Mahindra Comviva is partnering up with First Data to push its mPOS technology to the country's huge merchant community.

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BNP Paribas Fortis and SIX Payment Services target Belgian merchants

BNP Paribas Fortis and SIX Payment Services are promising to bust the Bancontact/Mister Cash monopoly in Belgium by launching their own one-stop payments shop for merchants, covering everything from terminals to acquiring services.

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Gates Foundation launches challenge to boost mobile money acceptance

The Bill & Melinda Gates Foundation is aiming to accelerate the adoption of digital payments in the developing world by offering grants to firms that make it easy for small merchants to accept mobile money.

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Weve abandons mobile NFC payments plans

UK mobile commerce joint venture Weve is abandoning plans to launch an NFC payments service because its telco owners failed to agree on an approach, according to the Telegraph.

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Home Depot confirms data breach

Home improvement chain Home Depot has finally confirmed that its payment data systems have been breached, putting the card details of tens of millions of US and Canadian customers at risk.

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Barclaycard and Orange close Quick Tap mobile NFC payments service

Barclaycard and Orange are to kill off their Quick Tap contactless mobile payment service at the end of next month.

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Isis becomes Softcard to avoid Islamic State association

Mobile money joint venture Isis has changed its name to Softcard in an effort to distance itself from the militant jihadist group operating in Iraq and Syria.

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BBVA mobile payments app racks up 250,000 Spanish downloads

Having proved itself a hit in Spain, the BBVA HCE-based mobile payments app is set to be launched in the US, Mexico and Chile by the end of the year.

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Sequent Software receives one-touch m-payments-related patent

Sequent Software, the world’s leading provider of digital issuance and open wallet platform-as-a-service, announced today that it has been awarded a key patent for simplifying mobile payments and enabling fast and seamless transactions at merchants through the “One Tap” mobile payments functionality.

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Cash is a pain in the ass: Blackpool donkey goes contactless

Blackpool's famous donkeys have made London's tube network look like an ass by beating it to the contactless payments punch.

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Google's Aussie chief rejects Wallet for 'more exciting' things

Google Wallet is not coming to Australia anytime soon, with the company's boss in the country declaring she has "more exciting" things to concentrate on.

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UPS becomes latest data breach victim

Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.

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Square gets defensive about 'totally bogus' myths

With Amazon threatening to eat its lunch and rumours swirling about a lack of strategy and profits, Square has gone on the defensive with a blog post explaining why "myths" about Jack Dorsey's baby are "totally bogus".