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Eftpos

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Canadian crooks compromise card terminals

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.

18 February 2010

Barclaycard unveils mobile phone payment terminal

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.

16 February 2010

Contactless m-payments trialled at Mobile World Congress

Contactless m-payments trialled at Mobile World Congress

NFC-enabled handsets are being handed out to delegates at this year's Mobile World Congress in Barcelona for a contactless payments trial.

15 February 2010

Slovenian contactless m-payments trial to launch

Slovenian contactless m-payments trial to launch

Slovenia's Banka Koper, MasterCard and a group of technology players have teamed up to run a contactless mobile payments pilot.

12 February 2010

Dutch to ditch cash by 2015 - report

Dutch to ditch cash by 2015 - report

The Netherlands could be cash free within five years as the Dutch migrate to cards and mobile payments, says consumer association Consumentenbond.

10 February 2010

RBC goes contactless for Vancouver Olympics

RBC goes contactless for Vancouver Olympics

Canada's RBC Royal Bank is set to introduce a pre-paid Visa contactless card shaped like a Coca-Cola bottle at the Vancouver 2010 Olympic and Paralympic Winter Games.

28 January 2010

PKO Bank Polski upgrades 6m cards to contactless

PKO Bank Polski upgrades 6m cards to contactless

Poland's PKO Bank Polski is upgrading six million customer Visa debit cards to contactless chip and PIN, according to local press reports.

22 January 2010

Intesa Sanpaolo moves to contactless

Intesa Sanpaolo moves to contactless

Italy's Intesa Sanpaolo (Setefi) has embarked on the country's first major commercial nationwide rollout of MasterCard PayPass contactless cards.

20 January 2010

Orange and Barclaycard launch contactless credit card

Orange and Barclaycard launch contactless credit card

Wireless operator Orange and Barclaycard have launched a co-branded contactless credit card that will let customers manage their budgets and keep tabs on spending via SMS notifications.

07 January 2010

Visa contactless dumped by US retail giant Best Buy

Visa contactless dumped by US retail giant Best Buy

US merchant Best Buy has stopped accepting Visa payWave contactless payments at its 1000 stores in protest at the card giant's fee structure, according to retail technology blog StorefrontBacktalk.

07 January 2010

Millions of German bank cards hit by Y2K timebomb

Millions of German bank cards hit by Y2K timebomb

Millions of German bank cardholders have been hit by a Y2K-hangover bug which prevents card chips supplied by French technology company Gemalto from recognising the year 2010 change.

06 January 2010

Y2K-like bug knocks out BoQ Eftpos system

Y2K-like bug knocks out BoQ Eftpos system

A Y2K-style bug affecting Bank of Queensland Eftpos terminals has left merchants across Australia unable to process card transactions over the New Year.

04 January 2010

Financial services strike to force Finns online

Financial services strike to force Finns online

Around 30,000 financial services staff in Finland are set to go on a three day strike next week, leaving virtually all bank branches closed and online, ATM and in-store services subject to disruption.

10 December 2009

Skimming attacks push up Australian card fraud

Skimming attacks push up Australian card fraud

Debit card fraud in Australia has jumped over the last year according to the country's payments clearing association, driven by a spate of skimming attacks on ATMs and POS terminals.

09 December 2009

Twitter founder Dorsey launches mobile phone credit card reader

Twitter founder Dorsey launches mobile phone credit card reader

Twitter co-founder Jack Dorsey has officially launched his new company, called Square, that sells a system to turn mobile phones into payment card readers.

02 December 2009

Americans interested in mobile commerce - survey

Americans interested in mobile commerce - survey

Over half of Americans are interested in using their mobile phones like they would a credit or debit card at the cash register to make a purchase, according to research from m-banking vendor Firethorn.

02 December 2009

BMO and MasterCard team on contactless BlackBerry payments

BMO and MasterCard team on contactless BlackBerry payments

Bank of Montreal, MasterCard and Research in Motion (RIM) are teaming up on a trial that will see Canadians make payments using BlackBerrys equipped with contactless stickers.

26 November 2009

Restaurants sue POS vendor over data breach

Restaurants sue POS vendor over data breach

A group of US restaurants have filed a class action lawsuit against POS vendor Radiant Systems and its distributor Computer World, claiming hundreds of their customers had their identities stolen as a result of payments terminals that were not PCI-DSS compliant.

26 November 2009

Canadian debit card fraud uncovered - report

Canadian debit card fraud uncovered - report

Crooks in Canada have compromised thousands of cards after installing debit machines that recorded PIN numbers in stores, according to the Canadian Broadcasting Corporation.

23 November 2009

BNP Paribas and Oberthur to turn Nice into NFC city

BNP Paribas and Oberthur to turn Nice into NFC city

BNP Paribas is teaming with Oberthur Technologies on a contactless mobile payment project designed to turn Nice into France's "NFC city".

18 November 2009