Latest Eftpos News: Finextra Research

Company update/Eftpos

Ingenico forecasts double-digit revenue growth for 2016

Ingenico Group (Euronext: FR0000125346 – ING) announced today its revenue for the first quarter of 2016.

27 April 2016

mPOS firms SumUP and payleven agree merger

SumUp and payleven have announced a merger agreement, marking the start of a consolidation phase in the crowded mobile point-of-sale arena.

27 April 2016

News/Eftpos

Chinese handset maker Xiaomi preps NFC-payments service

Following in the footsteps of Apple, Samsung and Huawei, local giant Xiaomi has become the latest smartphone maker to strike a deal with China UnionPay to roll out an NFC-based payments service.

27 April 2016

Company update/Eftpos

US Bank pilots local loyalty app

US Bank has launched Deal Local, a new mobile app designed to help local businesses attract new customers and build loyalty with their existing customers through deals and rewards.

26 April 2016

Company update/Eftpos

Banks and retailers to increase payments spend

Almost three-quarters (71 percent) of European retailers and financial institutions plan to increase spending on payments technology in the next 18 to 24 months in the face of increasing competitive pressure and a feeling of being ‘under siege.’

26 April 2016

Company update/Eftpos

First Data narrows Q1 net loss

First Data Corporation (FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the first quarter ended March 31, 2016. Consolidated revenue for the first quarter was $2.8 billion, up 3% versus the prior year period, or up 5% excluding currency impacts.

25 April 2016

Company update/Eftpos

Samsung Pay partners with global POS providers to accelerate m-payment adoption

Samsung Electronics Co., Ltd announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ point-of-sale (POS) systems during checkout.

21 April 2016

Company update/Eftpos

Control launches card reader app for Stripe

Control, a management and analytics platform for online payments, in partnership with payworks, launches the first EMV compliant app for Stripe, an online payment platform for businesses.

20 April 2016

News/Eftpos

Samsung Pay pushes into SouthEast Asia with Singapore launch

Samsung Pay is to launch in Singapore as early as Q2 2016, with support from major banks such as DBS/POSB, OCBC Bank and Standard Chartered.

20 April 2016

Company update/Eftpos

Singapore's SoftPay Mobile takes majority stake in Vietnam MPOS Technology JSC

SoftPay Mobile International, a Singapore based mobile Point of Sale (mPOS) company, has signed a definitive agreement to acquire Vietnam MPOS Technology JSC, a leading mPOS company operating in Vietnam.

20 April 2016

Company update/Eftpos

Yandex.Money adds NFC payments to mobile app

Yandex.Money, the largest online payment service in Russia, will employ NFC technology to offer users contactless payments from its Android mobile app.

20 April 2016

Company update/Eftpos

Bulgaria's Fibank launches HCE mobile payments

First Investment Bank AD (Fibank) of Bulgaria is a first bank in the region launching a MasterCard Cloud Based Payments mobile card product and thus brings an innovation to their existing mobile bank users.

20 April 2016

News/Eftpos

The new wearables: 'tattoo' payments

Forget cards, mobiles and even smartwatches. A healthcare technology startup is hoping that we will soon be attaching ultra-thin tattoo-like stickers that can make contactless payments to our bodies.

20 April 2016

Company update/Eftpos

ID Tech starts shipping Augusta EMV card reader

ID Tech, a leading manufacturer of secure payment solutions, mobile payment readers, point of sale peripherals, and digital signage, has announced that the Augusta has been released into production.

19 April 2016

Company update/Eftpos

EVO and Verifone partner to smooth EMV migration for restaurants

At restaurants and other service-oriented merchants in the U.S., consumers are used to paying for their purchases and “tipping” by handing over their cards for authorization, and then later adding a tip to the authorized amount on the receipt along with their signature.

19 April 2016

Company update/Eftpos

Ingenico launches mPOS EMV SDK

From ETA's TRANSACT 16 conference, Ingenico Group (Euronext:FR0000125346 - ING), the global leader in seamless payment, announced today that Ingenico Mobile Solutions, its mobile point of sale (mPOS) division, launched a new developer-friendly mPOS EMV SDK that enables ISVs and developers to seamlessly integrate EMV payment acceptance within their applications, while avoiding the complexities, costs, and time associated with EMV certification.

19 April 2016

Company update/Eftpos

Visa speeds up EMV checkout times with Quick Chip

At the Electronic Transaction Association’s TRANSACT 16 event, Visa Inc. (NYSE:V) announced the launch of Quick Chip for EMV, a technology enhancement that optimizes EMV chip card processing and speeds up checkout times.

19 April 2016

News/Eftpos

Mobile payments to overtake cash and cards within a decade - The Co-op

UK supermarket chain the Co-op has predicted that contactless transactions on mobile phones will outstrip the use of cash within the next ten years, after experiencing a sharp rise in customers using their cards to tap and pay at the till.

19 April 2016

News/Eftpos

Denmark's Dankort cards to go mobile with J/Speedy technology from JCB

Denmark's Nets is to use HCE technology from Japanese card issuer JCB as the foundation for a nationwide mobile payment system.

19 April 2016

Company update/Eftpos

TD Bank and Regions Bank join Samsung Pay

Samsung Electronics Co., Ltd. announced today that Samsung Pay, the most widely accepted mobile payment system, will soon support eligible credit and debit cards from TD Bank and Regions Bank, in addition to 60 Visa and MasterCard banks and credit unions launched since early March 2016.

18 April 2016