Eftpos

1705 articles tagged with this keyword

/covid-19

UK contactless limits raised to £45

The UK has joined other countries around the world in lifting the ceiling for contactless card payments, enabling customers to make more payments without touching card terminals or handling cash.

/payments

Fiserv buys Bypass Mobile

Fiserv has boosted its omni-commerce capabilities through the acquisition of enterprise point-of-sale systems specialist Bypass Mobile. Financial terms of the deal were not disclosed.

/payments

Citing coronavirus, AIB suspends planned contactless fee

Irish bank AIB says that in light of the Covid-19 outbreak it is suspending its recently announced plan to introduce transaction charges for contactless payments.

/payments

Nets buys Polish merchant acquirer PeP

Nordic payments giant Nets has agreed to buy Polskie ePłatności (PeP) in a deal valuing the Polish merchant acquirer at EUR405 million.

/payments

Former Twitter chief Costolo backs payments outfit SpotOn

SpotOn Transact, a payments and software company targeting SMEs, has raised $50 million in a Series B funding round joined by former Twitter CEO Dick Costolo's 01 Advisors.

/Eftpos

Glasgow installs contactless giving points to help street beggars

Glasgow has become the latest city to install contactless donation points where people can give electronically to help homeless people and street beggars.

/payments

Fiserv buys MerchantPro Express

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed.

/payments

Santander buys Elavon México for global merchant acquiring push

Spanish banking giant Santander has struck a deal to buy merchant payments platform Elavon México for EUR79 million.

/payments

Visa invests in POS financing platform ChargeAfter

Visa has made a strategic investment in ChargeAfter as part of a broader deal with the point-of-sale financing technology platform.

/crypto

BitPay partners Poynt to bring bitcoin payments to the streets

BitPay is trying to finally bring bitcoin to the streets, inking a deal with point-of-sales terminal maker Poynt to enable cryptocurrency payments at more than 100,000 retailers around the world.

/Eftpos

Nationwide trials contactless posters for charity donations

Nationwide Building Society is trialling a "smart window poster" that people can tap with their contactless cards to make donations to a homeless charity.

/Eftpos

Canada updates debit rules to enable public transit payments

Payments Canada is bringing in a rule designed to enable broader point-of-sale debit card acceptance, paving the way for people to use their plastic for, among other things, public transit fares.

/startups

Barclays buys minority stake in digital receipts firm Flux

Barclays Bank has made a strategic investment in UK digital receipts startup Flux.

/payments

UK's 'buy now, pay later' market booms despite credit score concerns

The UK's point-of-sale credit market is surging, according to analysis from consultant Kearney, with two thirds of millennials now using 'buy now, pay later' services - despite some concerns about the impact on credit scores.

/payments

New York to ban cashless stores

New York City Council has voted to ban cashless stores and restaurants, arguing that they discriminate against the unbanked.

/Eftpos

India requires cardholders to opt in to contactless payments

All new cards sent out by issuers in India will not be contactless enabled or capable of online or international payments until the customer turns on these features, under new central bank rules.

/payments

WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.

/Eftpos

Visa unveils Tap to Phone contactless payments programme

Visa and Samsung are banishing the dongle, teaming up on a handset that enables merchants to accept contactless payments without the need for any additional hardware.

/regulation

Dixons Carphone fined £500k over massive data breach

UK consumer electronics retail group Dixons Carphone has been fined £500,000 after hackers compromised its point-of-sale system and gained access to the details of 5.6 million payment cards.

/Eftpos

Tencent and UnionPay integrate QR code systems

Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports.