Eftpos

1705 articles tagged with this keyword

/payments

Stripe raises $100m at $22.5bn valuation

Stripe has secured another $100 million in funding, this time from Tiger Global Management, boosting the payments firm's valuation to $22.5 billion.

/payments

AIB eyes EUR100m Payzone acquisition

Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.

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Mobeewave tops up Series B round with Samsung Venture Investment

Canadian mobile contactless payments outfit Mobeewave has increased the size of its Series B funding round to almost US$20 million thanks to new money from Samsung Venture Investment Corporation.

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Microsoft Wallet retires

Bowing to the inevitable, Microsoft is killing off its contactless payments app for Windows phones.

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

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Church of England appraises 'digital collection plate'

The Church of England has teamed up with payments firm SumUp to trial a 'digital collection plate' that lets members of church congregations donate with their card or phone, rather than cash.

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Klarna welcomes Snoop Dogg as new shareholder

Rap icon Snoop Dogg is joining POS financing house Klarna as a shareholder and the global face of a new advertising campaign, 'Get Smoooth'.

/payments

ABN Amro introduces wearable payments

Following a successful trial, ABN Amro is offering all of its Dutch customers the chance to link their accounts to a host of wearable contactless payments devices.

/security

Sberbank partners supermarket for fingerprint payments

Russia's Sberbank has teamed up with supermarket chain Azbuka Vkusa to let shoppers pay for groceries with their fingerprints.

/security

Criminal gangs use Fuze to store multiple stolen cards on one card

Cash-out crooks have a new weapon in their armoury: the Fuze Card, which lets users store all of their (stolen) credit and debit cards on a single piece of plastic, the US Secret Service is warning.

/payments

Visa poaches Square head of payments

Square has lost its head of payments, Mary Kay Bowman, to Visa, where she takes on the role of Head of seller solutions.

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BBVA invests in invisible payments startup Grabango

BBVA's investment arm has led a $12 million Series A funding round in checkout-free payments technology startup Grabango.

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Mastercard bids to bypass own rails with Pay by Bank app promotion

Mastercard has recruited PPRO Group to help push the uptake of of its Pay by Bank app to merchants in the UK.

/payments

UK competition watchdog says PayPal-iZettle deal could push up prices

PayPal's $2.2 billion takeover of Swedish mobile payments firm iZettle could lead to higher prices and worse service for UK customers, a Competition and Markets Authority (CMA) investigation has found.

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Amazon looks to take mobile payments to brick-and-mortar stores

Amazon is opening up a new front in its battle to dominate the retail world, lining up brick-and-mortar stores to start accepting its mobile payments system, according to the Wall Street Journal.

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Dispute with IT provider sees Mozambique interbank system knocked out

A dispute between Mozambique's interbank payments system operator and its IT provider which has led to accusations of "blackmail" has left millions of people unable to use their cards at the point-of-sale or ATMs.

/payments

Costa Coffee launches contactless reusable cups

Barclaycard has joined forces with UK chain Costa Coffee to launch a reusable coffee cup with integrated contactless payments technology that enables users to pay for their caffeine with a wave of their mug.

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Former Google Wallet chief raises $100m for payment terminal OS

Poynt, the payment terminal startup founded by former Google Wallet boss Osama Bedier, has raised $100 million in a Series C funding round joined by National Australia Bank and US Bancorp-owned Elavon.

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Nets to embed 'pay later' option in merchant terminals

Nordic payment processor Nets is collaborating with Finnish fintech Mash to provide an omni-channel 'pay later' option to shoppers across Scandinavia.

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The Royal British Legion brings contactless donations to fundraising pub quizzes

As Armistice Day approaches, the Royal British Legion has introduced a new fundraising tool, a pub quiz pack that includes joker contactless donation cards that let players make donations.