Eftpos

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Life.Sreda leads SumUp funding round

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Life.Sreda leads SumUp funding round

European mPOS contender SumUp has closed a "double digit million dollar" series c financing round led by Russian fintech venture capital fund Life.Sreda.

US supermarket chain Supervalu confirms network hit by 'criminal intrusion'

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US supermarket chain Supervalu confirms network hit by 'criminal intrusion'

US supermarket chain Supervalu has become the latest retailer to admit that it has been hacked and that customer card data may have been stolen.

Heartland buys mPOS outfit Leaf

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Heartland buys mPOS outfit Leaf

Payment processing giant Heartland Payment Systems has acquired Leaf, a Boston-based mPOS start-up with its own purpose-built tablet. Financial terms of the deal were not disclosed.

Barclaycard takes bPay wristbands beyond payments

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Barclaycard takes bPay wristbands beyond payments

Barclaycard is bidding to increase the reach of its bPay contactless wristbands beyond payments by offering businesses customer behavioural data gleaned from the wearable devices.

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Ghana's GCB Bank goes live with GoSwiff m-commerce platform

GoSwiff, a global innovator in mobile commerce and marketing services, announced today to have connected its 50th bank client, GCB Bank Ltd. in Ghana, to leverage mobile point of sale (mPOS) on goSwiff mobile commerce platform.

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VeriFone partners Gilbarco Veeder-Root to target the forecourt

Gilbarco Veeder-Root, the worldwide leader in retail petroleum technology, and VeriFone Systems, Inc. (PAY), the global leader in secure electronic payment solutions, today announced that they are partnering to offer next generation forecourt payment solutions and to create the largest at-pump interactive digital media network worldwide.

Amazon undercuts Square and PayPal with mPOS launch

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Amazon undercuts Square and PayPal with mPOS launch

Amazon has made its widely anticipated move into the crowded mPOS market, launching its dongle and app-based contender with an aggressive pricing strategy that undercuts both Square and PayPal.

Russian pleads not guilty to POS hacking

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Russian pleads not guilty to POS hacking

A Russian man has pleaded not guilty in a US court to charges that he hacked into point-of-sale terminals and sold stolen card data on online forums.

Visa token service key to Apple's mobile payments plans - analysts

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Visa token service key to Apple's mobile payments plans - analysts

Analysts at Pacific Crest Securities (PCS) have joined the Apple mobile payments guessing game, speculating that recent security moves by Visa will see the iPhone 6 go contactless.

US govt warns retailers about new POS malware family

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US govt warns retailers about new POS malware family

The US government has put out an alert warning retailers about a new family of malware, dubbed Backoff, targeting point-of-sale systems.

Square gears up for US EMV switch with chip card reader

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Square gears up for US EMV switch with chip card reader

Square has unveiled plans to launch a chip and signature version of its mPOS dongle as it prepares for America's upcoming switch to EMV.

Nintendo brings NFC payments to Wii U in Japan

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Nintendo brings NFC payments to Wii U in Japan

Japanese gamers can now buy the latest titles on Nintendo's eShop by tapping their contactless payment cards against their Wii U controllers.

Contactless payments to arrive on London's Tube in September

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Contactless payments to arrive on London's Tube in September

Londoners will soon be able to pay for journeys on the tube, DLR and overground with their contactless bank cards and mobile phones.

Apple talking to Visa about mobile payments - report

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Apple talking to Visa about mobile payments - report

Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.

Ex-Google Wallet boss Bedier becomes PayRange director

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Ex-Google Wallet boss Bedier becomes PayRange director

Former Google Wallet chief Osama Bedier has turned up as a director at PayRange, a startup that builds dongles that can be attached to vending machines to enable them to accept mobile payments.

Westpac NZ trials HCE-based mobile contactless payments

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Westpac NZ trials HCE-based mobile contactless payments

Westpac has become the first bank in New Zealand to trial a host card emulation-based mobile NFC payments service.

London cabbie ditches cash for Pingit (for one week)

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London cabbie ditches cash for Pingit (for one week)

A London cabbie is promising to talk customers out of cash payments this week and accept fares from passengers who pay using the Barclays Pingit mobile app.

Oz credit union rolls out HCE-based mobile NFC payments service

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Oz credit union rolls out HCE-based mobile NFC payments service

Australian credit union CUA has teamed up with vendor Cuscal to launch a host card emulation-based mobile NFC payments service.

Botnet takes advantage of weak passwords to hack POS systems

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Botnet takes advantage of weak passwords to hack POS systems

Security firm FireEye says it has discovered a botnet that is sniffing out point-of-sale systems and using brute force techniques to hack them and steal card data.

Isis mobile wallet ditches name to avoid jihadist confusion

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Isis mobile wallet ditches name to avoid jihadist confusion

Mobile money joint venture Isis is changing its name in a bid to shed any associations with the Islamic State of Iraq and Syria jihadist group.

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