Latest Eftpos News: Finextra Research

Company update/payments

SumUp launches Magic Pay for hospitality sector

SumUp, the financial partner for over 4 million small businesses worldwide, today announced the launch of SumUp Magic Pay, a QR code payment solution for the hospitality sector.

21 July 2022

News/payments

Google Wallet starts rolling out worldwide

The new Google Wallet has begun appearing on phones in dozens of countries as the tech giant tries to reboot its mobile payments system.

20 July 2022

News/payments

Southeast Asian countries prep QR code payment interoperability

The central banks of five major Southeast Asian countries are working to link up their QR code-based payments systems, according to Bloomberg.

20 July 2022

News/payments

Apple faces US antitrust suit over Apple Pay

Apple is facing an antitrust class-action lawsuit in the US accusing it of illegally profiting from card issuers through policies that prevent competition to its Apple Pay wallet.

19 July 2022

Company update/payments

Worldline scores deal with retailer Morrisons

Worldline [Euronext: WLN], a global leader in payment services, announces it has renewed and strengthened its partnership with retailer Morrisons, through a new PIN Pad offering - Lane/3000.

18 July 2022

Company update/payments

Synchrony installment payments come to Fiserv's Clover POS

Synchrony (NYSE: SYF), a leading consumer financing company, today announced that merchants will now be able to offer a short-term, no interest installment option, Synchrony SetPay pay in 4, via the Clover point-of-sale and business management system from Fiserv, Inc.

15 July 2022

News/startups

Qori launches multi-channel pay by bank and pay by crypto tech

French startup Qori has launched, enabling Europeans to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

12 July 2022

News/payments

Interac adds backup supplier following Rogers outage

Canadian debit network Interac is adding a backup network provider in the wake of last week's massive outage at Rogers, which left millions of customers unable to make payments.

11 July 2022

News/payments

Bank-backed Irish mobile payments app taps Nexi as tech partner

Synch Payments, the mobile payments joint venture set up by Ireland's leading banks, has brought in Italy's Nexi as its technology partner.

30 June 2022

News/startups

Vibrant raises €4m to turn Android devices into points of sale

Vibrant, a Danish app that turns Android mobile devices into points of sale, has raised €4 million in a seed round led by byFounders with participation from Luminar Ventures.

30 June 2022

News/payments

Westpac offers tap-on-phone software to SMEs

Australian bank Westpac is offering small businesses technology that lets them accept contactless payments via Android mobile phones.

29 June 2022

News/people

Amount lays off 18% of staff

Digital banking technology provider Amount is the latest fintech to trim its workforce, reducing its headcount by 18%, according to TechCrunch.

27 June 2022

News/payments

SumUp raises €590m at €8bn valuation

London-based mPOS vendor SumUp has raised €590 million in a funding round that values the firm at €8 billion - down from the €20 billion valuation it was seeking early this year.

23 June 2022

Company update/payments

Stripe Terminal comes to Singapore

Stripe, a global financial infrastructure platform, today announced that Stripe Terminal is now available in Singapore, making it easy for businesses to build custom checkout experiences for accepting in-person payments, as well as unifying both customer experience and data across online and in-person transactions.

02 June 2022

Company update/payments

Nexi confirms acquisition of BPER merchant payments business

Nexi S.p.A. (“Nexi”) informs that today entered into a long‐term strategic partnership with BPER Banca S.p.A. (“BPER Banca”) and Banco di Sardegna S.p.A. (“Banco di Sardegna”) by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A.

01 June 2022

Company update/payments

OTP Mobile goes live with SoftPOS across Hunary

MYPINPAD, a global leader in mobile-based payments acceptance and digital authentication solutions, has partnered with CircleBlue Pay (CBP) and OTP Mobile in a move that will allow thousands of merchants across Hungary to accept card payments via Tap to Phone technology.

23 May 2022

Company update/payments

Square ship restauran POS platform

Today, Square announced a suite of new software and hardware restaurant solutions.

20 May 2022

Company update/payments

Adflex adopts Click to Pay service from Mastercard

B2B payments specialist, Adflex, today announced the release of Click to Pay to its merchants, expanding the company’s partnership with Mastercard.

18 May 2022

News/payments

Zettle by PayPal ditches the dongle

PayPal's Zettle unit has introduced functionality that lets small businesses in the UK, Sweden and the Netherlands accept contactless payments in-person, directly on their Android devices with no additional hardware or fees.

13 May 2022

Company update/payments

Inspire Payments chooses Ingenico as terminal supplier

Ingenico, a Worldline brand, and Inspire Payments today announce a new partnership, equipping the Verastar Group’s company with Ingenico’s market leading ‘Move’ and ‘Desk’ payment terminals.

12 May 2022