Latest Eftpos News: Finextra Research

Egypt's Paymob closes $50 million funding round

Egyptian digital payments provider Paymob is to further its expansion into new markets across the Middle East and Africa region after receiving a $50 million cash injection in a funding round led by Kora Capital, PayPal Ventures, and Clay Point.

12 May 2022

News/startups

A2A startup kevin. closes $65m Series A

Kevin., a Lithuanian-based account-to-account payment startup, has raised $65 million in a Series A funding round led by Accel.

04 May 2022

News/regulation

EC slaps Apple with antitrust charge over NFC payments

The European Commission has charged Apple with restricting access to the NFC chip technology that enables iPhone users to make payments.

02 May 2022

News/identity

FinGo introduces vein ID-enabled vending machines

Biometric identity authentication firm FinGo has unveiled what it claims is the world's first vein ID-enabled vending machine, where customers can pay and prove their age for alcohol purchases through a scan of their finger.

28 April 2022

News/payments

Primer and hoolah team to bring BNPL to Asian merchants

Asian omnichannel buy now, pay later platform hoolah has teamed up with no-code payments automation platform Primer to make it easy for merchants in Singapore, Malaysia and Hong Kong to integrate BNPL into their systems.

22 April 2022

News/payments

Quontic Bank launches payments ring

Digital bank Quontic has unveiled the US market's first ever contactless payments ring that customers can link to their checking accounts.

14 April 2022

News/payments

Zelle's bank owners split on competing with cards at the checkout - WSJ

Some of the banks behind Zelle want to take the American P2P payments service to the checkout, taking on Visa and Mastercard, according to the Wall Street Journal.

07 April 2022

News/crypto

Worldpay to offer merchants direct settlement in USDC

Worldpay is set to offer merchants the ability to receive settlement directly in Circle's stablecoin USDC.

07 April 2022

News/payments

Visa and PopID team on facial verification payments in the Middle East

Visa is working with consumer authentication service PopID to bring facial verification payments to the Middle East.

06 April 2022

News/payments

Dapio picks up $3.4m to turn phones into POS devices

Dapio, a UK outfit that helps businesses accept contactless payments on their Android devices, has raised $3.4 million in a round co-led by African paymentts behemoth Flutterwave and Techstars.

31 March 2022

News/payments

NAB Ventures joins $12 million round in merchant payments platform DataMesh

Australian merchant payments group DataMesh has secured $12m in a pre-Series A funding round, including new investor NAB Ventures.

30 March 2022

News/payments

7-Eleven stores in Japan trial holographic payment terminal

Customers at six 7-Eleven stores in Japan can now make contactless payments using a holographic screen projected from the self-checkout terminal.

16 March 2022

News/startups

Oz business banking startup Zeller hits A$1bn valuation

Australian business banking startup Zeller has hit a A$1 billion valuation thanks to a A$100 million Series B funding round led by Headline.

02 March 2022

News/payments

CIBC invests in merchant acquiring startup Pollinate

CIBC is to invest in Pollinate, a merchant acquiring startup founded by former Monitise chief Alastair Lukies, and to roll out its Tyl payment terminals across canada.

28 February 2022

News/crypto

Hi partners Contis to launch crypto debit card

Crypto exchange and mobile banking platform hi has teamed up with BaaS player Contis on a debit card that lets shoppers pay with their digital assets at over 60 million merchants.

24 February 2022

News/payments

Wordline reaches multi-billion dollar deal for terminals business

Worldline has reached a deal with Apollo Funds to sell its Terminals, Solutions & Services (TSS) business for up to €2.3 billion.

21 February 2022

News/payments

Worldline closes in on $2.3bn sale of terminal biz - WSJ

Worldline is on the verge of selling its point-of-sale terminal business to Apollo Global Management for $2.3 billion, according to the Wall Street Journal.

11 February 2022

News/payments

Apple to turn iPhone into a payment terminal

Apple is working on an update that will transform its iPhone into a payment terminal, enabling users to accept payments with the tap of a card.

27 January 2022

News/payments

UniCredit partners Nexi to offer merchants SoftPOS-based payment acceptance

UniCredit Bank is to start offering its merchant customers technology from Nexi that lets them use their mobile phones as payments terminals.

24 January 2022

News/payments

Step2 to get upgrade to process payments in minutes and around the clock

EBA Clearing will upgrade its Step2 pan-European mass payment system later this year to process Sepa transactions around the clock, seven days a week, and to provide settlement results to participating banks in minutes.

18 January 2022