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US judge rejects "paltry" $30 billion swipe fee settlement

/payments

US judge rejects "paltry" $30 billion swipe fee settlement

A US district court judge has rejected an agreed $30 billion settlement over swipe fees between the two major card schemes and US merchants partially on the grounds that Visa and Mastercard have the financial armoury to pay "substantially" more.

Computop calls on retailers to join EPI pilot trials

/payments

Computop calls on retailers to join EPI pilot trials

EU payment gateway Computop is calling on merchants to join pilot trials of the bank-backed European Payments Initiative's wero wallet scheme.

MuchBetter launches 'free' contactless payments ring

/payments

MuchBetter launches 'free' contactless payments ring

Wearable paytech provider MuchBetter has launched a contactless payments ring in Italy that is free - as long as users load it with €100 through the associated app.

/payments

Viva.com launches Tap to Pay on iPhone in Germany

Viva.com, Europe’s first acquirer powering payments on any device in 24 markets, activates Tap to Pay on iPhone in Germany, enabling German merchants to seamlessly and securely accept in-person contactless payments via an iPhone and its Terminal iOS app.

/payments

Nexi rolls out Tap to Pay on iPhone to German merchants

Nexi, the European PayTech, now enables merchants in Germany to accept in-person contactless payments seamlessly and securely with Tap to Pay on iPhone, and will continue to expand the availability of Tap to Pay on iPhone to its customers in Europe where the service is available.

/payments

MyPOS unveils Tap to Pay on iPhone for merchants in Germany

UK-based payments company, myPOS, is introducing Tap to Pay on iPhone for businesses in Germany.

Mexican fintech Clip raises $100m

/payments

Mexican fintech Clip raises $100m

Mexican payments and commerce firm Clip has raised $100 million in a financing round joined by funds managed by Morgan Stanley Tactical Value and an unnamed fund manager.

/payments

Shift4 acquires majority stake in hospitality POS business Vectron

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.

/payments

Stripe makes product updates in France

Stripe, a financial infrastructure platform for businesses, has announced a range of product and partnership updates for businesses operating in France.

Digital pound would not require new POS systems - BofE

/crypto

Digital pound would not require new POS systems - BofE

Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England.

/payments

JPMorgan and Sephora expand Tap to Pay to Canada

Chase Payment Solutions, part of J.P. Morgan Payments, today announced the expansion of Tap to Pay on iPhone for its merchant clients in Canada.

/payments

Emerchantpay joins with TrueLayer to offer payments by bank transfer at online checkout

Leading global payment service provider and acquirer emerchantpay announces its strategic partnership with TrueLayer, a leading European open banking payments network.

/payments

Mastercard launches biometric checkout programme in Uruguay

Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has launched an innovative in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay.

/payments

Banca Sella POS to accept Discover card payments

For the first time in Italy, Discover, Diners Club International® and affiliated network cardholders will be able to make in-store purchases using Banca Sella POS terminals.

/payments

DNA Payments adds Alipay+ to POS portfolio

UK-based fintech DNA Payments has grown its portfolio of POS alternative payment methods by launching Alipay+, a suite of cross-border mobile payment and digitalisation technology solutions operated by Ant International.

/payments

Moneris introduces Tap to Pay on iPhone

Moneris Solutions Corporation (“Moneris”), a Canadian leader in innovative solutions for mobile, online, and in-store payments, has introduced Tap to Pay on iPhone in the Moneris Go app, enabling businesses of any size to accept digital payments simply and easily.

/payments

Square brings Tap to Pay on iPhone to Canada

Today, Square launched Tap to Pay on iPhone in Canada, allowing Square sellers to be among the first businesses in the country to try the technology.

/payments

Nexi and orderbird launch new payment platforms for ISVs in Germany

Nexi, the leading European PayTech, and its subsidiary orderbird, a leading Point of Sale system for independent businesses, have announced the launch of the new Nexi Partner Portal (NPP), a next-generation payment platform designed for Independent Software Vendors (ISVs) across different industries in Germany, including retail and hospitality.

/payments

Square unveils Kiosk for restaurants

Today, Square unveiled Square Kiosk, a fully integrated software, hardware, and payments solution that enables self-serve ordering for quick-service restaurants.

/payments

Rome offers open loop transit payments to UnionPay cardholders

Boarding public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is binded) on turnstiles or authorized readers: Rome is the first city in Europe to offer this contactless payment service to cardmembers from international schemes UnionPay.

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