Sweden's iZettle raises $47M to expand mPOS business

Sweden-based mobile point-of-sale company iZettle has raised some $47 million in new funding as the firm ponders a future IPO. The round is led by early backer venture capital firm Dawn and The Fourth Swedish National Pension Fund and is...

Discover axes signatures for credit, debit purchases

Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in the U.S., Canada, Mexico and the Caribbean. The card network said in a press...

Bluewater Grill to enable pay-at-the-table with TableSafe

TableSafe Inc., maker of a pay-at-the-table platform for full-service restaurants, announced Bluewater Grill Restaurants will adopt the Rail payment platform throughout its family of restaurants, according to a press release. Using Rail, guests at Bluewater Grill's seven restaurants in Southern...

Nets Group brings JCB's EMV contactless standard to Denmark

The Nets Group and JCB International Co. Ltd., the international operations subsidiary of JCB Co.

NCR partners with Samsung on POS device

NCR, in collaboration with Samsung Electronics America Inc., has launched NCR Silver Quantum, an all-in-one point-of-sale commerce station featuring an integrated payment device with mobile wallet acceptance capability, customer display, loyalty scanner and Samsung Galaxy tablet. The Silver Quantum commerce...

Beyond to offer merchants CardFlight's mPOS device

CardFlight, a mobile point-of-sale technology provider and Beyond, a financial technology company that provides business tools and services, has announced Beyond will offer CardFlight's SwipeSimple mobile point-of-sale to small and medium-sized business, according to a press release. This partnership extends...

EMVCo enhances EMV 3-D secure specification

Technical body EMVCo has publicly released EMV 3-D Secure, protocol and core functions specification v2.1.0, according to a press release. The updated document follows the release of version 2.0.0 in October 2016, and includes additional functionality and enhancements to promote...

First Data expands availability of Clover via Apple retail stores

First Data has announced new initiatives with Apple designed to broaden the distribution of First Data's Clover devices and accelerate the expansion and digital transformation of Apple Pay, according to a press release. First Data's Clover Go device, an EMV...

Elavon brings Poynt mPOS to Canada

Elavon and California-based Poynt are bringing Poynt's Smart to businesses across Canada, according to a press release. Poynt is a wireless, dual touchscreen, smart terminal that debuted in 2013. "Poynt makes the payment experience easy and engaging for customers, which...

Square opens showcase in Manhattan

Square has opened a showroom in Manhattan to enable perspective customers to test the company's products before purchase. "As we've grown from our original reader and POS software to an ecosystem of tools that help you run your business, we...

Payroc launches iOS and Android mPOS product

Payroc LLC, a merchant services and payment processing organization, has launched iTransact Mobile Merchant. The iTransact Mobile Merchant app, a mobile point-of-sale product for iOS and Android devices, is available to download from the Apple App Store or Google Play....

MagTek goes big on features with new Dynasty mPOS device

MagTek, a supplier of secure digital transaction technology and hardware, has launched Dynasty, the company's newest addition to its roster of mPOS offerings. Dynasty supports magnetic Stripe, chip card and contactless payments via a certified PIN entry device with a...

Central Pay to offer merchants CardFlight mobile POS product

CardFlight, a mobile point-of-sale technology provider and Central Payment, a merchant service provider that offers payment, loyalty and marketing services to businesses, have announced CPAY is offering CardFlight's SwipeSimple mobile POS product, enabling merchants to accept EMV chip card payments...

TouchBistro extends Square integration to the UK

TouchBistro announced that it has extended its integration with Square to restaurants in the U.K., according to a press release. Restaurants of all sizes in the U.K. using the TouchBistro iPad mobile point-of-sale product will now be able to process payments using Square. "The integration with Square U.K.

Study: Retailers set to lose $71B in CNP fraud in next 5 years

New Juniper Research data reveals retailers stand to lose $71 billion globally from fraudulent card-not-present transactions over the next five years, according to a press release. The research found that a number of factors, such as the U.S. shift to...

EMV cards in circulation worldwide top 6B

Official figures from aggregated data published by technical body EMVCo show that, by the end of 2016, the number of EMV payment cards in global circulation increased 1.3 billion year over year to a new total of 6.1 billion, according...

Cayan preps new mPOS device, the Genius Mini

Cayan, a Boston-based payment technology company, has introduced a smaller version of its Genius line of point-of-sale devices called the Genius Mini. Cayan said in a press release that the Genius Mini supports the growing trend of retailers and restaurants...

Ziosk intros enhanced payments-enabled tablet for restaurants

Ziosk, which bills itself as the maker of the world's first tablet for restaurant ordering, entertainment and pay-at-the table functions, has launched a next-generation tablet called Ziosk Aurizon. Designed to meet current and evolving requirements in payment technology, the Ziosk...

Verifone to add MasterCard faster EMV tech to POS terminals

MasterCard is joining forces with payments industry players such as Verifone to enhance and expedite the consumer checkout experience leveraging the company's M/Chip Fast technology. M/Chip Fast prioritizes the elements of a transaction that are critical to security in order...

CardFlight launches 2 new mPOS devices

CardFlight, a mobile point-of-sale provider, is launching the Swift B200 and Swift B250, a new series of mobile card readers that use Bluetooth Low Energy connectivity to enable merchants nationwide to accept secure EMV and NFC contactless payments on Android...

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3 trends for 2018: Safer data, faster payments, better experiences