Eftpos

1705 articles tagged with this keyword

/Eftpos

T-Mobile enters mPOS market

T-Mobile is putting Square and First Data's Clover on notice With GoPoint, a new mobile Point of Sale (mPOS) device offering businesses free same-day funding and no software licensing fees.

/payments

Citi moves into consumer payments business

Citi is making a play for the fast-growing consumer digital payments sector, building a service that lets merchants collect from a host of methods including cards and e-wallets.

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Apple unveils credit card

Apple is launching its own credit card that will be tightly integrated into its mobile wallet and promises to help customers lead a "healthier financial life".

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UK embraces contactless payments

Total UK contactless spending rose by nearly a third last year to £69 billion, with tap and pay now accounting for more than 40% of all card transactions, according to industry figures.

/payments

Barclaycard opens up to Alipay

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, has extended an existing provisional agreement with Alipay, enabling retailers across the country to accept the Chinese payment app at the point-of-sale.

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FSS acquires 46% stake in Standard Bank subsidiary Ecentric

Indian-headquartered Financial Software and Systems (FSS) has acquired a 46% stake in Standard Bank's South African payment processing subsidiary Ecentric.

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NatWest pilots biometric payment card

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.

/regulation

Bank of England takes action over Visa outage

The Bank of England is to take supervisory action against Visa following a widespread outage last year that disrupted payments for millions of shoppers across Europe.

/payments

Philadelphia bans cashless stores

Philadelphia has become the first major US city to ban cashless stores and restaurants in a move designed to end discrimination against the unbanked.

/Eftpos

Amazon talks to Mexican central bank about govt-backed m-payments system

The Mexican central bank is in talks with Amazon about support for a new government-backed QR code-based mobile payments service, according to Reuters.

/payments

Barclays to merge BPay and Pingit apps

Barclays is trying to boost its BPay wearable contactless payments product by merging it with the more popular Pingit money transfer app.

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JPMorgan moves into POS financing space

JPMorgan Chase is preparing to move into the POS financing market, enabling customers to pay in installments for $500-plus purchases and run up loans on bigger ticket items.

/payments

Heidelpay continues on acquisition trail with Alpha-Cash takeover

Germanic payments service provider heidelpay has acquired point-of-sale terminal supplier Alpha-Cash, its sixth acquisition since private equity firm AnaCap bought a controlling stake in the firm in 2017.

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Family Feud: Nigeria's OyaPay closes over investor dispute

OyaPay, a Nigerian mobile-based point-of-sale startup, has shut down after a year in business thanks to a funding dispute with one of the founder's family members.

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Eftpos malware attack hits 136 US stores

Eftpos supplier North County Business Products has been hit by a malware attack that infected the sites of 136 clients across the US and lifted comprehensive payment card details from shoppers.

/payments

US cities look into banning cashless stores

The US push back against cashlessness has begun in earnest, with several cities and states taking steps that could force stores and restaurants to accept paper money.

/payments

Lloyds looks to unlock access to cash

In the wake of fierce criticism from politicians and consumer groups over the disappearance of ATMs and bank branches from the high street, Lloyds Banking Group is to run a pilot scheme which will offer retailers a fee for processing cashback transactions over the counter.

/Eftpos

Card spending tipped to double as contactless becomes the norm

Global card expenditure is tipped to almost double over the next four years as surging growth in contactless payments continues to push the plastic payment card into the low value cash market.

/payments

ACI acquires tech assets for omnichannel payments offering

ACI Worldwide has bought technology assets from RevChip and TranSend to boost its UP Merchant Payments offering with new cloud-based, omni-channel in-store capabilities.

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Nordea teams with Divido for point of purchase financing

Nordea is moving into the booming market for instant credit at the point-of-sale, striking a relationship with white label platform provider Divido.