Eftpos

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YES Bank implements SMS Pay functionality on POS terminals

YES BANK announced the launch of SMS Pay functionality on POS terminals in partnership with Worldline, enabling merchants to accept contactless and remote payments from their customers.

Coronavirus transmission risk from cash is low - BofE

/payments

Coronavirus transmission risk from cash is low - BofE

The rush to abandon cash during the pandemic may be unnecessary, according to a scientific study from the Bank of England, which finds that the risk of Covid-19 transmission by banknotes is low.

Super Bowl goes cash free

/payments

Super Bowl goes cash free

For the first time, this season's Super Bowl will be cashless after the NFL and partner Visa decided to accelerate the move to contactless payments because of the Covid-19 pandemic.

BNPL outfit Affirm files for IPO

/payments

BNPL outfit Affirm files for IPO

Affirm, Max Levchin's buy now, pay later credit card alternative, has filed an initial public offering (IPO) prospectus to list on the Nasdaq.

Icici Bank debuts cardless buy now, pay later facility

/payments

Icici Bank debuts cardless buy now, pay later facility

India's Icici Bank is rolling out a mobile-only, tap-to-activate installment payment plan with a batch of high street retailers selling electronic consumer goods.

/payments

SumUp acquires London-based Goodtill

Global payments service provider SumUp today is announcing it has acquired leading POS software provider Goodtill for an undisclosed amount, in a move that underlines SumUp’s long-term commitment to the growth and development of its restaurant and hospitality sectors.

/payments

Bunq selects phos for softPOS trial

Phos, the fintech behind the first-ever software Point of Sale (POS), has today announced that it is working with Dutch neobank bunq to revolutionise the way its retail merchant customers accept payments.

/payments

Podium introduces chargeback guarantee for businesses to handle in-person purchases

Podium, the leading customer messaging platform for local businesses, today announced that Podium Payments is now including chargeback guarantees to all local businesses in the United States.

/payments

Lightspeed to acquire ShopKeep

Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc. (ShopKeep), a leading cloud commerce platform provider based in New York City.

Alliance Data to buy BNPL player Bread

/payments

Alliance Data to buy BNPL player Bread

Marketing, loyalty and payments specialist Alliance Data has agreed a $450 million stock and cash acquisition of buy now, pay later firm Bread.

Nets Group acquires Swiss terminal supplier CCV Schweiz

/payments

Nets Group acquires Swiss terminal supplier CCV Schweiz

Nordic payments processor Nets is moving into the Swiss point-of-sale terminal market with the acquisition of CCV Schweiz.

JPMorgan Chase enters mPOS arena

/payments

JPMorgan Chase enters mPOS arena

JPMorgan Chase is taking on Square and PayPal with an app and contactless card reader linked to a business checking account.

Visa Tap to Phone contactless payments programme goes global

/payments

Visa Tap to Phone contactless payments programme goes global

Visa has launched its Tap to Phone technology, which enables Android handsets to be used for accepting NFC payments, in more than 15 markets, with the US to follow in 2021.

/payments

MagicCube unveils software-only replacement for payment terminals

MagicCube, the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept™, a complete software-based replacement for traditional payment acceptance terminals.

/payments

Visa certifies MyPinPad's Tap to Phone product

Visa has granted Visa Ready certification for MYPINPAD’s Tap to Phone mPOS solution, with optional PIN capture for Android devices running Android version 8 and higher.

/devops

Square unboxes Terminal API

Today, at Square’s fourth annual partner and developer conference, Square Unboxed, the company announced the general availability of its newest developer tool: Terminal API.

Stripe buys Nigeria's Paystack

/payments

Stripe buys Nigeria's Paystack

Stripe is stepping up its expansion into Africa through the acquisition of Lagos-based payments firm Paystack in a deal reportedly worth more than $200 million.

/payments

Heritage Bank provides eftpos access for Samsung Pay users in Australia

Samsung Electronics Australia and eftpos have today announced a partnership which allows tokenized, contactless transactions to be made on Samsung Pay via the eftpos network, providing Australians with greater payment choice and a seamless digital wallet experience when using their compatible smartphone.

/payments

PayFacto launches POS offering for hospitality industry

PayFacto Payments Inc. (“PayFacto”), a leading payment and hospitality industry technology provider, expands its market leadership position with the launch of its newest product, a full-function mobile point-of-sale (POS) and payment solution on a single handheld device, the first of its kind in Canada.

/payments

NMI launches API to simplify EMV and contactless integration

NMI, a leading payments enablement technology company, today announced the launch of ChipDNA Cloud, an API that simplifies EMV and contactless payments integration for independent software vendors (ISVs), independent sales organizations (ISOs) and merchants.

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