Eftpos

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/Eftpos

Mobile POS sales to top $2 billion in 2013

The Mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28% of North American retailers plan to adopt Mobile POS in some form by the end of 2013, according to research from IHL Group

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Google to use Gmail and Chrome assets to push Wallet uptake

With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.

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PayPal and Square jostle for control of the cash register

The battle for control of the merchant cash register has stepped up a gear with Square launching an iPad point-of-sale device and PayPal promising limited free payments processing to retailers that junk their old shopping tills in exchange for a feature rich iPad equivalent.

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Australia's Eftpos contracts with C-Sam for mobile wallet

Eftpos Australia says it will begin mobile payments trials with selected Australian retailers in the next few months.

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Monitise launches white label mPOS system

Monitise has jumped on the mobile point-of-sale bandwagon, launching a white-labelled service for banks, mobile operators and acquirers to offer their business customers.

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CIBC Suretap comes to Android; Rogers gets nod for banking start-up

CIBC in Canada has expanded support for its mobile payments app from BlackBerry-only to Android devices, as wireless partner Rogers receives approval to incorporate as a bank.

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Google Wallet chief Bedier quits

The head of Google Wallet, Osama Bedier, has quit after two years in the job during which the mobile payments operation has failed to take off.

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M&S customers embrace contactless payments

Around one in seven card payments of under £20 are now contactless at UK retail giant Marks & Spencer (M&S), which is processing more than 230,000 tap and pay transactions every week.

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Dortmunder Volksbank introduces contactless mobile payments

German cooperative bank Dortmunder Volksbank is introducing a contactless mobile payments system that taps Telefónica's O2Wallet.

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US chip card debate heats up

The ongoing debate over the economic benefits of a mass-market migration to EMV chip cards in the US has heated up, with US retailers and a senior Fed staffer raising red flags over the anticipated impact on fraud levels.

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Nintendo to tap Wii U's NFC functionality for contactless payments

Nintendo could soon take advantage of the Wii U's built-in NFC capability to let people make game-related payments by tapping a contactless card against the console's controller.

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Virgin Australia unveils pre-paid travel money card

Airline Virgin Australia has teamed up with Visa to add a pre-paid travel money card that can be loaded with multiple currencies to its frequent flyer membership scheme.

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Startupbootcamp Amsterdam opens NFC and contactless programme

Backed by major banks and telcos, the Amsterdam arm of Startupbootcamp has launched an NFC and contactless offering, inviting young firms to pitch for a place on a three month programme with access to funding, workspace and specialist advice.

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Bucharest subway rolls out mobile payments system

Travellers on the subway system in Romania's capital Bucharest can now pay for journeys through their mobile phones, using 'data-over-voice' technology from Margento.

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Italian chip and PIN mobile card reader outfit Jusp raises $6m

Having secured $6 million in funding, Italy's Jusp is set to become the latest firm to enter the crowded European market for app and chip and PIN dongle systems that turn mobile phones into card payment terminals.

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Londoners warm to contactless bus payments

Londoners have paid for more than 700,000 bus fares using their contactless bank cards since the option was introduced three months ago.

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Payleven gets FSA authorisation

Payleven, one of several European firms hawking an app and dongle-based system for turning smartphones into card readers, has been fully authorised by the UK's Financial Services Authority as a payment institution.

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US debit networks back Discover application for common chip spec

Discover has won the support of ten debit networks to provide a common debit application identifier for the US migration to EMV Chip and PIN.

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Pret sees surge in contactless payments

UK sandwich chain Pret A Manger is singing the benefits of contactless payments having experienced a surge in uptake by customers over the past year.

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Former Subway franchisees charged with setting up POS crimeware business

Uninspired by the rewards of running a Subway sandwich franchise, Sean Holdt and Thomas Wilkinson set up an alternative business selling POS terminals to other franchisees. The winning formula? A pre-configured remote access toolkit that allegedly allowed the men to log in after hours and run off their own gift cards.