Eftpos

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New York and New Jersey in contactless transit trial

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New York and New Jersey in contactless transit trial

MasterCard has teamed with local transport agencies in New York and New Jersey on a six month contactless payments trial that will see participants able to pay for train and bus journeys by tapping their cards against specially-equipped readers.

Wal-Mart executive calls for US move to Chip and PIN

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Wal-Mart executive calls for US move to Chip and PIN

US retailer Wal-Mart is calling on the nation's banks to move to the international EMV standard for securing financial transactions at the point-of-sale.

MasterCard to open developer portal

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MasterCard to open developer portal

MasterCard is to release Open Application Programming Interfaces (Open APIs) for third-party and independent software developers around the world in a bid to create a new wave of e-commerce and mobile payment applications.

Nice turns into mobile contactless city

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Nice turns into mobile contactless city

Crédit Mutuel-CIC, Gemalto and NRJ Mobile have teamed up on what they claim is Europe's first commercial roll-out of contactless mobile payments services, in Nice.

Chinese players form m-payments alliance

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Chinese players form m-payments alliance

Card network operator China Unionpay has signed up a group of the country's banks, wireless operators and handset manufacturers to a mobile payments industry alliance that will establish standards and a business model.

State Bank of India sets up merchant acquiring JV with Visa and Elavon

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State Bank of India sets up merchant acquiring JV with Visa and Elavon

State Bank of India, the country's largest lender, is to form a merchant acquiring joint venture with US-based Elavon and Visa.

MasterCard and Gemalto in Singapore SIM-payments trial

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MasterCard and Gemalto in Singapore SIM-payments trial

MasterCard is planning to pilot a miniature card from Gemalto that can be attached to mobile phone SIMs to turn handsets into contactless payments devices.

PR bungle reveals details on Visa contactless iPhone case

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PR bungle reveals details on Visa contactless iPhone case

Visa has teamed with Texan start-up DeviceFidelity on an iPhone case that enables owners to make contactless payments with the Apple handset.

ANZ pilots predictive modelling of Eftpos sales data

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ANZ pilots predictive modelling of Eftpos sales data

Australia's ANZ has launched an online tool that uses aggregated data from merchant point-of-sale transactions to give business customers sales and behavioural insights.

Absa rolls out POS currency converter for World Cup

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Absa rolls out POS currency converter for World Cup

With tourists from around the world preparing to descend on South Africa this summer for the football World Cup, Absa has partnered Planet Payment on a service that lets merchants charge customers in their own currencies.

Paddington fire blacks out payment processing

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Paddington fire blacks out payment processing

Fire and flooding at a BT building near Paddington station has blacked out Internet and telephone connections at over 400 exchanges around the UK and disrupted card transactions processed over the Sage Pay gateway for Lloyds Banking Group.

Visa to phase out signature cards in New Zealand by 2012

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Visa to phase out signature cards in New Zealand by 2012

Visa says all credit cards issued in New Zealand will be Chip and PIN from next month, with signature-based transactions at the point-of-sale phased out by 2012.

Criminals install fraudulent terminals at US retailer

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Criminals install fraudulent terminals at US retailer

US retailer Hancock Fabrics is warning customers that PIN pad units at several of its stores were stolen and replaced with "visually identical, but fraudulent" units last year, putting card data at risk.

Barclays business customers to get contactless as standard

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Barclays business customers to get contactless as standard

Barclays says that from March all new and reissued Visa debit cards for business customers will come with contactless technology as standard.

Heartland breach still hitting banks

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Heartland breach still hitting banks

A bank in Colorado has begun blocking point of sale purchases over concerns debit cards may have been compromised by the massive data breach that hit Heartland Payment Systems in 2008.

Canadian contactless mobile sticker trial planned

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Canadian contactless mobile sticker trial planned

EnStream, a joint venture company set up by Canadian wireless operators, has outlined plans to pilot contactless payment stickers that attach to mobile phones.

UK contactless limit upped to £15

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UK contactless limit upped to £15

The maximum limit for contactless credit and debit card payments in the UK has been increased from £10 to £15.

Apacs staffer outed as anonymous Chip and PIN research basher

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Apacs staffer outed as anonymous Chip and PIN research basher

A computer registered to UK payments body Apacs was used to anonymously rubbish research by Cambridge University academics into vulnerabilities in the Chip and PIN system.

Canadian crooks compromise card terminals

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Canadian crooks compromise card terminals

The debit cards of hundreds of people in the Canadian city of Windsor have been compromised after crooks tampered with payment terminals in fast food joints, installing Bluetooth technology into the PIN Pads and wirelessly downloading account information.

Barclaycard unveils mobile phone payment terminal

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Barclaycard unveils mobile phone payment terminal

Barclaycard has unveiled a system that turns smart phones into chip and PIN card payment terminals at the Mobile World Congress in Barcelona.

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