Eftpos

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Ithmaar Bank and Eazy Financial Services prep biometric payment network

Ithmaar Bank and Eazy Financial Services today announced plans to launch the region’s first biometric payment network, supported by the Labour Fund “Tamkeen”, providing new and more efficient alternative for customers to conduct many of their financial transactions.

Nearly half of UK transactions now contactless

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Nearly half of UK transactions now contactless

The UK's love affair with contactless payments continues to flourish, with almost one in two transactions now tap and pay, according to Mastercard figures.

Klarna to acquire consumer financing arm of Close Brothers

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Klarna to acquire consumer financing arm of Close Brothers

Fintech unicorn Klarna is buying the retail financing arm of merchant bank Close Brothers to strengthen its position in the UK market.

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UnionPay brings mobile payments to Hong Kong and Macau

UnionPay International announced today that in answer to the construction of the Greater Bay Area and to meet the increasingly payment needs brought by the exchanges between Hong Kong/Macau and the Chinese Mainland, the unified mobile payment app of China's banking industry, "UnionPay", has started offering service to customers in Hong Kong and Macau, facilitating the interconnection of mobile payment in the Greater Bay Area.

Card payments dominate UK retail sales as cash usage falls

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Card payments dominate UK retail sales as cash usage falls

Cards now account for more than three quarters of the value of retail purchases in the UK, as contactless payments continue to eat into cash's share of the pie.

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FreedomPay gets Elavon UK certification

FreedomPay, the global leader in secure commerce technology for lodging, gaming, retail, restaurants, stadiums and other hospitality merchants, has announced the receipt of the Elavon UK certification for their Commerce Connect eCommerce and PCI-validated point-to-point encryption (P2PE) compliant ePayments solution for the European market.

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Japan Racing Association rolls out Fujitsu biometric-enabled cashless betting machines

Fujitsu Limited and Fujitsu Frontech Limited today announced that their jointly developed biometric-enabled cashless betting machines will be put to use by the Japan Racing Association (JRA).

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South African mPOS supplier Yoco secures Series B raise of $16 million

Yoco, the South African-based Point of Sale payments provider, has raised a Series B round of US$16M led by Partech, a Venture Capital firm based in Silicon Valley, Europe and Africa, with participation from Orange Digital Ventures, FMO (The Dutch Development Bank) and existing Series A investors Quona Capital and Velocity Capital.

Cardnet glitch double charges consumers

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Cardnet glitch double charges consumers

Lloyds Bank is apologising to consumers and merchants after a glitch in its Cardnet eftpos terminals charged thousands of customers twice for debit card payments, and under- or overpaid settlement funds in merchant accounts.

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Yandex.Checkout rolls out spare change option for chairty donations

On the International Day of Charity, Yandex.Checkout is introducing a service allowing customers to automatically round up receipts and donate spare change to charity with every online purchase.

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Square readers come to Apple desktops and Chromebooks

We want you to be able to run your business however you want — and never miss a sale. Whether you take payments via Square Stand in a restaurant, with a phone and reader in a retail pop-up, or with a computer in a medical office, we want to make sure our tools work seamlessly in your environment.

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Visionet and SmartPesa launch Mobey mPOS in Indonesia

PT Visionet Data Internasional, a leading provider of IT managed services for the financial industry, and SmartPesa, the market leader in mPOS (mobile Point of Sale) solutions for emerging markets, announced today the launch of Mobey - a next-generation mPOS payment service across Indonesia.

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Network International to inlcude Alipay as standard on future terminals

Network International, the leading payment solutions provider in the Middle East and Africa region, has announced that Alipay, one of the world’s largest online and mobile payment platforms, will be integrated as standard across all its N-Genius™ payment terminals starting October.

Google bought Mastercard data to link ads with in-store purchases

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Google bought Mastercard data to link ads with in-store purchases

Google and Mastercard struck a secret deal that used card transaction data to let some US merchants see when online ads led to sales at physical stores, according to Bloomberg.

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TruRating launches crowdfunding campaign on Seedrs

TruRating, a technology company specialising in point-of-payment customer feedback solutions, today launched an equity crowdfunding campaign on Seedrs, seeking to raise £1.8 million.

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Worldnet launches plug-and-play EMV offering

Worldnet, a leading international provider of omni-channel payment solutions, has introduced GoChipNow, a “plug and play” solution for virtual terminal merchants who want to upgrade to EMV®.

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Cheddar’s Scratch Kitchen restaurant chain reports card data breach

We take the privacy and security of our guests’ personal information very seriously. This notice is to inform you that some Cheddar’s Scratch Kitchen restaurants have been the victims of cyberattacks, which may have resulted in unauthorized access to or acquisition of your payment card information.

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Francisco Partners completes acqusition of Verifone

Verifone Systems, Inc. (“Verifone” or the “Company”), a global leader in payment and commerce solutions, today announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia Investment Management Corporation.

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ThinkSmart offloads shares in POS financing startup ClearPay

ThinkSmart Limited (AIM: TSL), a leading digital payment solutions provider, announces that it has sold 90% of the share capital of ClearPay to AfterPay Touch Group Limited (“AfterPay’’), a company listed on the ASX.

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SmartPesa introduces integrated insurance agent policy payment

Singapore-based FinTech company SmartPesa is pleased to announce that it is enabling Tune Protect Malaysia (TPM) to use its next-generation payment solutions.

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