Eftpos

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German mobile operators team on NFC payments

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German mobile operators team on NFC payments

German mobile operators Telefónica, Telekom and Vodafone are banding together to form a company pushing contactless payments.

HTC and China UnionPay team on NFC handset

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HTC and China UnionPay team on NFC handset

Taiwanese smartphone manufacturer HTC has teamed with card network China UnionPay on its first NFC-enabled handset.

More tech woes for CBA: ATMs, eftpos and call centres hit

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More tech woes for CBA: ATMs, eftpos and call centres hit

Commonwealth Bank of Australia (CBA) has once again been hit by IT problems, leaving customers unable to use ATMs, point-of-sale terminals and call centres.

Visa cites m-payments as it pushes US to EMV

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Visa cites m-payments as it pushes US to EMV

Visa has signalled its determination to push the United States into abandoning mag-stripe cards in favour of EMV chip technology; a move it says will not only improve security but accelerate the adoption of contactless mobile payments.

RBI Committee calls for national switch to EMV

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RBI Committee calls for national switch to EMV

The Reserve Bank of India has published a host of recommendations for improving bank customer services, including the establishment of a shared Know-Your Customer database, the introduction of multi-factor authentication for Internet transactions and a nationwide switch to Chip and PIN-based EMV cards.

DoJ settlement clears way for VeriFone takeover of Hypercom

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DoJ settlement clears way for VeriFone takeover of Hypercom

The Department of Justice has cleared VeriFone's acquisition of rival Hypercom after the firms agreed to sell the latter's US point-of-sale terminals business to private equity company Gores Group.

Want an NFC iPhone? Just stick a bank card in it

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Want an NFC iPhone? Just stick a bank card in it

An iPhone 4 owner who couldn't wait for Apple to add NFC functionality to its handsets has taken matters into her own hands, sticking a contactless bank card inside her phone.

Glitch hits UK post office card accounts

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Glitch hits UK post office card accounts

A computer glitch has left 3.3 million UK Post Office card account holders unable to complete transactions at branches.

Hungarian mobile wallet association established

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Hungarian mobile wallet association established

A group of telcos have joined forces with MasterCard and OTP Bank to develop mobile contactless payments services in Hungary.

Prague hosts mobile NFC payments pilot

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Prague hosts mobile NFC payments pilot

Czech Republic capital Prague is the latest city to host a mobile contactless payments pilot, with Komerční banka and Citi customers offered the chance to use their handsets for purchases.

Isis sign card networks to NFC m-payments service

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Isis sign card networks to NFC m-payments service

Isis, the contactless mobile payments venture set up by major US network operators has brought on board Visa, MasterCard, American Express and Discover.

US Bank unveils contactless payment and medi-care wristband

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US Bank unveils contactless payment and medi-care wristband

US Bank is launching a wristband that lets users make contactless payments and store emergency contact and medical information.

Tanzania gets mobile NFC

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Tanzania gets mobile NFC

Tanzanian telco Zantel is launching what it claims is Africa's first commercial near-field communications (NFC) payments service.

Google makes land-grab in new mobile commerce gold rush

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Google makes land-grab in new mobile commerce gold rush

Google says it's ready to party like it's 1999 all over again, with mobile payments taking the place of e-commerce in a new gold rush that will transform consumer shopping habits on the high street.

DnB Nor and Telenor team on Oslo contactless m-payments pilot

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DnB Nor and Telenor team on Oslo contactless m-payments pilot

DnB Nor, Telenor and MasterCard are teaming up to trial contactless mobile payments in Norway's capital Oslo.

Paypal calls time on physical wallet

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Paypal calls time on physical wallet

Within four years consumers will be able to leave their wallets at home as digital currencies supplant traditional payment methods for shopping at retail stores, according to forecasts from PayPal.

Fed surprises markets with watered-down interchange caps

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Fed surprises markets with watered-down interchange caps

Shares in major US issuing banks and card schemes moved up late Tuesday as the Federal Reserve issued a watered-down take on the Durbin Amendment on interchange fees, setting the cap at 21 cents per transaction, rather than the 12 cent ceiling proposed in earlier consultations.

ANZ contactless m-payments trial disappoints

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ANZ contactless m-payments trial disappoints

Following a pilot, Australia's ANZ has decided not to push ahead with a microSD-based iPhone case that turns the mobile handset into a contactless payments device.

Deutsche Telekom orders NFC SIM for mobile payments

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Deutsche Telekom orders NFC SIM for mobile payments

Deutsche Telekom has commissioned Giesecke & Devrient to develop a SIM card-based mobile contactless payments system.

Intesa Sanpaolo introduces e-purse for tourists

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Intesa Sanpaolo introduces e-purse for tourists

Intesa Sanpaolo is introducing a pre-paid contactless card designed for tourists taking part in the celebrations for the 150th anniversary of Italy's unification.

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