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Time to raise the contactless limit? 42% of regular users think so

New research reveals that 42% of contactless payment users would like to see the limit for transactions increased, with of them 38% saying it could be £50 or higher, while 9% would like to be able to make payments of £100 or more.

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Square speeds up chip card transactions

Square, Inc. (NYSE: SQ) is all about speed, and today the company announced it has delivered on its promise of making EMV transactions even faster for business owners and buyers in the U.S. Sellers can now process chip cards in just two seconds on Square Reader for contactless and chip and Square Register.

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TruRating inks deal with Verifone

TruRating, customer experience experts specialising in point-of-payment customer feedback solutions, announced today that a global contract has been signed with Verifone, a world leader in payments and commerce solutions.

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Positive Technologies details flaws in mPOS devices that could lead to fraud and theft

Vulnerabilities in multiple mobile point-of-sale machines allow malicious merchants to take advantage of customers by changing the amount charged and forcing cardholders to use a more vulnerable payment method.

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Wirecard equips EU duty free shops with Alipay

Wirecard, the digital financial technologies specialist, is now cooperating with Gebr. Heinemann to integrate the most popular Chinese payment methods, among others Alipay, into the central checkout system of the Hamburg-based trading company’s Duty Free and Travel Value Shops at airports.

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Bambora selects Payworks to introduce integrated Point of Sale solution for the global SME market

Bambora, a leading provider of multi-channel payment solutions, has partnered with payment technology company, Payworks, to launch Bambora Connect, an integrated and international solution built for POS software providers and their merchants.

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POS software firm Appetize scores 32 Equity investment

Appetize, the modern point of sale (POS) operating software company, announced today that it has now raised over $50 million, with the latest equity funding coming from 32 Equity.

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Microsoft Pay adds Masterpass support

Microsoft Pay now supports Masterpass by Mastercard, so that consumers can use their Microsoft account for fast and secure checkouts at their favorite retailers that accept Masterpass, without the need to reenter their information.

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GlobalOnePay release EMV-ready mobile card reader

GlobalOnePay, a division of Pivotal Payments offering global omni-channel payment processing technologies and merchant services, announced today the release of its EMV-ready, affordable and secure mobile payment solution.

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Worldnet promises one second chip transactions with Quickchip

Worldnet, a leading international provider of omni-channel payment solutions, has incorporated Quickchip into its ‘GoChip’ range of robust POS payment products to deliver a ‘one second’ Chip card transaction which is secure and seamless for the cardholder and delivers increased protection against fraud for the merchant.

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American Express and GreenSky collaborate on POS financing

American Express (NYSE: AXP) and GreenSky, Inc. (NASDAQ: GSKY) today announced a strategic alliance to bring enhanced digital payments and financing capabilities to help merchants grow their businesses and give consumers greater flexibility in financing their purchases.

Fin7 cybergang suspects arrested

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Fin7 cybergang suspects arrested

US authorities have charged three Ukrainians accused of being members of Fin7, a notorious cybergang believed to have hacked into the systems of over 100 American companies, stealing millions of card details from thousands of POS terminals.

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Square launches SDK for Reader

Today we’re excited to announce Square Reader SDK, a complete toolkit that enables developers to reimagine the checkout experience for sellers and buyers.

Bancomat partners SIA to bring m-payments to millions of Italians

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Bancomat partners SIA to bring m-payments to millions of Italians

Italian debit network Bancomat has teamed up with SIA to bring mobile money services to its millions of cardholders.

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Banco Sabadell merchant POS suite to accept Alipay

Banco Sabadell and the e-commerce company Alibaba have closed a deal which will allow users of Alipay – run by Ant Financial Services Group, a related business of Alibaba – to make purchases using this system in Spanish stores.

Softbank and Yahoo tap Paytm QR tech for Japanese mobile payments service

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Softbank and Yahoo tap Paytm QR tech for Japanese mobile payments service

Softbank is tapping into its relationship with India's Paytm for a new QR code-based mobile payments joint venture with Yahoo Japan.

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FinAccel raises $30 million to extend 'buy now, pay later' app across SE Asia

Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha JWC Ventures and 500 Startups.

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Ingenico H1 in line with expectations

Ingenico Group, (Euronext: FR0000125346 - ING), global leader in seamless payment, announced today its results for the six-month period ended as of 30 June 2018.

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SP Group goes into administration

Allan Graham and Matt Ingram, both of Duff & Phelps, have been appointed Administrators to SP Group Limited on 24 July 2018.

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Boomtown and CardFlight partner to bring SwipeSimple to US merchants

Boomtown, a San Francisco based provider of software and services for more efficient technology support, and CardFlight, the leading mobile POS and SaaS payment technology company, announced today that they partnered.

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