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News/Eftpos
With more than than 2.5 million Cityzi NFC-enabled handsets now in circulation, France is ready for wide-scale mobile contactless services in 2013, claims an industry association.
07 February 2013
Shoppers in 40 US states could see a surcharge of up to four per cent added to their credit card purchases from this week.
30 January 2013
Citi has begun rolling out what it calls the "first major redesign of the ATM" since the 1970s, linking the physical and digital banking worlds.
25 January 2013
Citibank India has teamed up with local tech firm Ezetap on a Sqaure-like app and reader-based system for turning mobile phones into card payment acceptance devices.
22 January 2013
Cash will soon be consigned to the history books, predicts Telefónica's German arm as it prepares to roll out mobile person-to-person and NFC payment services.
21 January 2013
The value of US mobile payments is set to soar over the next few years, from $12.8 billion in 2012 to $90 billion in 2017, according to research house Forrester.
16 January 2013
PayPal has struck a deal with NCR that will give users more options to pay with PayPal at the checkout.
15 January 2013
PayPal's move into the world of bricks and mortar is picking up pace, with the company now reporting that 23 large US retailers are able to accept payment by PayPal at the check-out.
14 January 2013
US Bank has chosen Salt Lake City and Portland as test sites for an iPhone case that turns the handset into a contactless payments device.
11 January 2013
A Romanian man has been sentenced to 21 months in prison for his part in a scam that saw the point-of-sale systems of hundreds of US Subway sandwich shops hacked, thousands of cards compromised and millions of dollars stolen.
09 January 2013
Thanks in large part to the adoption of EMV technology, card fraud has been on the decline in the European Union but it still pulls in around EUR1.5 billion a year for criminal gangs, says Europol.
08 January 2013
Smartphone penetration in the UK may be 60% and rising but 2013 is unlikely to be the year of the mobile wallet, according to ICM Research.
04 January 2013
Square is taking advantage of its relationship with Starbucks by selling its mobile credit card readers in the coffee chain's 7000 US outlets.
The Bank of Italy has suspended all card payments in the Vatican until further notice over a failure to implement anti-money laundering law, according to local press reports.
03 January 2013
Canadian bank CIBC, telco Rogers and handset maker RIM are running a print magazine ad featuring embedded NFC in a bid to promote the technology and its use in their new mobile payments service.
New Year's celebrations got off to a rocky start for thousands of Brits on Monday thanks to a glitch at Lloyds Banking Group which left customers unable to withdraw cash from ATMs.
02 January 2013
PayPal president David Marcus is forecasting a year of disruption in the shopping and payment space in 2013, but insists that NFC technology will not play a part in the upheavals.
18 December 2012
VeriFone has given up trying to sell Sail, its app and dongle-based system for turning smartphones into card acceptance devices, directly to merchants and will instead offer the technology to banks.
14 December 2012
As Londoners begin paying for bus journeys using their contactless bank cards this week, MasterCard claims that by ditching their Oyster cards commuters could save a day's worth of queuing every year.
13 December 2012
Most Americans think mobile phone payments will eventually replace cash and cards at the checkout, but few expect it to happen within the next five years, according to a poll from Harris Interactive.
12 December 2012
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