21 August 2017
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Latest eftpos news

Mobile contactless spending accelerating in UK
Retail banking

Mobile contactless spending accelerating in UK

17 August 2017  |  10606 views  |  1 comments | 24 tweets | 23 linkedin

Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.

Apple sidelined as Beijing transit system launches payments app
Retail banking

Apple sidelined as Beijing transit system launches payments app

15 August 2017  |  6728 views  |  1 comments | 11 tweets | 9 linkedin

Apple's refusal to grant access to the iPhone's NFC function looks set to dent the firm's Chinese ambitions, leaving customers unable to use a new payments app for journeys on Beijing's public transport system.

Westpac invests $40 million in POS financing startup ZipMoney
Retail banking

Westpac invests $40 million in POS financing startup ZipMoney

07 August 2017  |  6167 views  |  0 comments | 7 tweets | 7 linkedin

Westpac has poured $40 million into point-of-sale financing startup ZipMoney in a deal that is being billed as a coming-of-age for Austalian fintech.

Jiffy moves from P2P to P2B
Payments

Jiffy moves from P2P to P2B

03 August 2017  |  7531 views  |  0 comments | 9 tweets | 6 linkedin

Italian P2P payments app Jiffy is heading to the high street, with deployment at over 150 retail stores in Milan, Rome and Turin.

Contactless sheds growing pains as tenth anniversary looms
Retail banking

Contactless sheds growing pains as tenth anniversary looms

01 August 2017  |  7644 views  |  1 comments | 12 tweets | 15 linkedin

With the tenth anniversary of the introduction of contactless cards in the UK fast approaching, Barclaycard is forecasting that tap and pay spending will soar by more than 300% over the next four years as seven-in-ten Brits begin to use the technology more frequently for everyday purchases.

Ant Financial targets Malaysia through CIMB JV
Payments

Ant Financial targets Malaysia through CIMB JV

26 July 2017  |  7097 views  |  0 comments | 4 tweets | 4 linkedin

China's Ant Financial is making a move on the Malaysian market, forming a mobile wallet joint venture with a subsidiary of local bank CIMB.

US firm to implant employees with RFID chips
Retail banking

US firm to implant employees with RFID chips

25 July 2017  |  12667 views  |  16 comments | 34 tweets | 39 linkedin

An American company is inviting employees to get RFID chips that can be used to buy food in the office break room implanted in their hands.

PayPal strikes deals with Chase and Citi
Mobile & online

PayPal strikes deals with Chase and Citi

21 July 2017  |  12954 views  |  0 comments | 10 tweets | 7 linkedin

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

Swatch brings contactless watch payments to China
Retail banking

Swatch brings contactless watch payments to China

18 July 2017  |  7920 views  |  0 comments | 8 tweets | 9 linkedin

Swatch is bringing the second generation of its contactless payments-enabled watches to China through a deal with the country's UnionPay card scheme and 11 banks.

Festy unveils digital currency payments wristband
Retail banking

Festy unveils digital currency payments wristband

14 July 2017  |  10198 views  |  1 comments | 12 tweets | 9 linkedin

Combining two of the most hyped trends in fintech, wearables and cryptocurrencies, Irish startup Festy has unveiled a wristband that lets festival-goers make contactless payments in Dash.

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