Latest Eftpos News: Finextra Research

Company update/Eftpos

Verifone sells 3200 contactless payment terminals to Aldi France

Verifone (NYSE: PAY) today announced that it will provide Aldi France with 3,200 payment devices designed to accept all cashless payments including contactless and mobile wallets.

29 June 2016

Company update/Eftpos

UnionPay HCE mobile QuickPass debuts in South Korea

UnionPay International and KT Corporation together with its subsidiary BCcard jointly announced to launch UnionPay HCE mobile QuickPass in South Korea, which will enable the local UnionPay cardholders to pay by tapping their mobile phones.

28 June 2016

Company update/Eftpos

NCR updates Counterpoint for EMV

NCR, the global leader in consumer transaction technologies, announced today the release of NCR Counterpoint 8.4.6.17 which will provide merchants with EMV capabilities.

28 June 2016

News/Eftpos

US supermarket chain Kroger sues Visa over PIN transactions

US supermarket chain Kroger has filed a lawsuit against Visa over a disagreement about using PINs to verify EMV debit card transactions, according to the Wall Street Journal.

27 June 2016

Company update/Eftpos

North American Retail Hardware Association and Payment Alliance International form alliance

The North American Retail Hardware Association (NRHA) and Payment Alliance International (PAI) today announced they have formed a partnership to provide independent home improvement retailers with new credit card processing and payment services opportunities.

27 June 2016

Company update/Eftpos

Walmart Pay arrives in Virginia and the Carolinas

Walmart knows customers want to save not just money, but also time. That’s why Walmart introduced Walmart Pay – a safe, easy, convenient way for customers to pay with their smartphones in Walmart stores. Now, customers in Virginia, North Carolina and South Carolina have access to the checkout-changing service as it’s available in each of the more than 420 Walmart stores across the three states.

23 June 2016

Company update/Eftpos

Discover introduces Quick Chip to accelerate EMV switch

Discover is introducing a new option for merchants to streamline the checkout process for all chip cards leveraging Discover, Diners Club International and PULSE Networks.

23 June 2016

Company update/Eftpos

American Express updates fraud rules to limit EMV chargebacks

In an effort to promote further adoption of EMV in the U.S., American Express (AXP) today announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they upgrade their point-of-sale systems.

22 June 2016

News/Eftpos

SIA brings Jiffy P2P payments app to in-store transactions

Italian payments processor SIA is extending its Jiffy mobile person-to-person money transfer service to in-store payments.

22 June 2016

News/Eftpos

Microsoft brings contactless payments to Windows 10 phones

Following the lead of Apple, Google and Samsung, Microsoft is bringing contactless payments to Windows 10 mobile phones.

21 June 2016

Company update/Eftpos

Canada's MintChip digital cash platform goes live

NanoPay Corporation, a fully-integrated loyalty and payments platform provider, announces the first commercial deployment of MintChip™, the regulator-friendly digital cash platform designed to be a safe, secure and fast way to send money and pay merchants.

21 June 2016

Company update/Eftpos

MasterCard speeds chip terminal deployment for merchants

MasterCard today unveiled a new EMV chip terminal testing and certification program aimed at speeding chip adoption by U.S. merchants.

21 June 2016

Company update/Eftpos

Payworks extends Stripe POS integration effort

Payworks, the leading Point of Sale payment solution company, today announced an expansion of its POS payment integration with Stripe, a global leader in online payments.

21 June 2016

News/Eftpos

Visa Inc seals buy out of European business

Visa Inc has completed its acquisition of Visa Europe, creating a combined global company serving 17,100 financial institutions and partners, more than 40 million merchant outlets, and 3 billion card accounts worldwide.

21 June 2016

Company update/Eftpos

POS ads drive Apple Pay adoption

USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a payment technology provider of cashless and mobile transactions in self-serve retail, today announced the results of a study testing whether targeted point-of-sale advertising of Apple Pay acceptance would increase usage of mobile payments by consumers.

16 June 2016

News/Eftpos

Home Depot suit accuses card schemes of putting profits ahead of security in EMV roll out

Home Depot, the US retail chain that saw 56 million accounts hacked in 2014, is suing Visa and MasterCard over their failure to mandate more secure Chip and PIN technology at the checkout during the country's migration to EMV-based payments.

16 June 2016

Company update/Eftpos

Visa moves to ease EMV chip migration hurdles

Visa Inc. (NYSE:V) today announced a series of initiatives to help accelerate EMV chip migration for merchants. Visa has streamlined its testing requirements, amended and simplified the terminal certification process, and committed to investing further resources and technical expertise in a manner that can reduce timeframes by as much as 50 percent.

16 June 2016

Company update/Eftpos

Swatch smart watch ticks NFC boxes with Oberthur

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, announces a key partnership with Swatch, the renowned Swiss watchmaker and one of the world's most popular brands, to provide contactless payment to customers in Switzerland.

16 June 2016

Company update/Eftpos

Ingenico and Bleep kick off pop-up POS system for Euros

Renewing a successful partnership first established for the London Olympics in 2012, Ingenico Group and Bleep have once again teamed up to provide payment services at the pop-up stores at the 2016 European Football Championship this summer in France.

16 June 2016

Company update/Eftpos

Ingenico terminals to accept nanoPay MintChip

Today, at the Payments Panorama Conference, nanoPay Corporation, a fully integrated loyalty and payments platform provider and Ingenico Group (Euronext:FR0000125346 - ING), the global leader in seamless payment, announced a new partnership in which Ingenico Group will integrate nanoPay's MintChip digital cash platform into its Telium system, enabling merchants to accept MintChip using their existing Ingenico Group smart terminals.

15 June 2016