GlobalOnePay launches EMV-ready mPOS product

GlobalOnePay, a division of Pivotal Payments offering global omnichannel payment processing technologies and merchant services, announced the release of its EMV-ready, mobile point-of-sale product, according to a press release. GlobalOnePay Mobile is intended to deliver an enhanced experience for accepting...

Study: mPOS devices to account for almost 25% of POS transactions by 2023

A new study from Juniper Research has found that the adoption of mPOS devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will...

EMV card issuance, transactions topple 50 percent worldwide

By the end of 2017, 54.6 percent of all cards issued globally were EMV-enabled, and the number of EMV payment cards in circulation worldwide stood at 7.1 billion — an increase of 1 billion year over year, according to data...

Clearent launches Cloud EMV product with Quick Chip tech

Clearent has announced the launch of Cloud EMV, its cloud-based integrated payments product, according to a press release. The St. Louis-based company said it launched Cloud EMV following successful integrations conducted by several of its independent software vendor partners.

Private equity firm acquires Verifone for $3.4B

Verifone Systems Inc. and Francisco Partners, a technology-focused private equity firm, have entered into a definitive agreement under which an investor group led by Francisco Partners, and including British Columbia Investment Management Corp., will acquire Verifone for $23.04 per share...

Ingenico upgrades KFC's payments acceptance to include contactless, EMV

Ingenico Group recently announced that KFC has migrated its payments system in the U.S. to Ingenico's Telium Semi-Integrated product to help simplify its path to EMV card acceptance and to reduce PCI compliance scope, according to a press release. As...

2 Los Angeles-area restaurants roll out TableSafe's Rail platform

TableSafe announced two restaurants have become the first in the greater Los Angeles area to provide EMV-secured pay-at-the-table devices to guests in the form of TableSafe's Rail payment platform. "When it comes to the payment process, restaurants have been stalled...

CardFlight upgrades thousands of EMV mPOS readers to Quick Chip tech

Mobile point-of-sale provider CardFlight has implemented EMV Quick Chip technology across multiple card reader types, including an over-the-air upgrade to tens of thousands of SwipeSimple Eclipse A200 EMV card readers in use by merchants nationwide since 2015. Quick Chip technology...

The Church of England enables contactless payments through partnerships with iZettle, SumUp

The Church of England is making contactless, virtual terminal and SMS mobile payments available throughout England to make transactions easier for its congregations, according to a press release. Through partnerships with iZettle and SumUp, the Church of England will offer...

TouchBistro links with WePay to launch pay-at-the-table device

TouchBistro, a provider of iPad POS software and WePay, a Chase company, are teaming up to deliver TouchBistro Payments — an instant payment processing and integrated mobile payment device that enables customers to pay at the table via contactless payment,...

First Data brings Clover smart terminals to Austria and Germany

First Data last week announced the launch of its smart terminals, the Clover Mini and Clover Flex, in Germany and Austria, according to a press release. Clover Mini and Clover Flex provide businesses with custom hardware and software, plus girocard...

Visa numbers show major EMV inroads

Visa has published EMV chip card statistics for December, and they show that the technology has made major inroads since the company's first liability shift went into effect in October 2015. Between September 2015, one month before the shift, and...

Ingenico set to bring PIN on Glass product to small merchants

Ingenico Group has developed a payment product for micro merchants based on a technology generally called PIN on Glass (PoG) or PIN on Mobile (PoM), according to a press release. The product will enable consumers to insert their cards in...

Study: Identity fraud rises as criminals move online from brick-and-mortar retailers

The number of identity fraud victims has increased by 8 percent (rising to 16.7 million U.S. consumers) over the last year, a record high since Javelin Strategy & Research began tracking identity fraud in 2003, according to a press release...

ShopKeep grows First Data partnership with Clover Mini integration

ShopKeep has launched the Clover Mini, an all-in-one point-of-sale device that accepts EMV and mobile wallet transactions and includes a receipt printer. The announcement is the next step in the strategic relationship between ShopKeep and First Data since announcing an expansion to their partnership in February.

2 banks begin testing Visa's biometric EMV card

Visa has initiated pilots with Mountain America Credit Union and Bank of Cyprus of a new EMV dual-interface payment card, making these the first commercial pilots to test an on-card biometric for contactless payments, according to a press release. "The...

Visa, Dynamics aim to provide a more "intelligent" payment card

Visa and Dynamics have unveiled the Dynamics Wallet Card, which the companies describe as a connected payment card that has the ability to access multiple card accounts, and has a programmable on-card display that enables account information, such as alerts...

Gemalto to help power biometric contactless EMV card in Cyprus

The Bank of Cyprus has selected Gemalto to supply what the firms are calling the world's first EMV biometric dual interface payment card for both chip and contactless payments, according to a press release. Using fingerprint recognition instead of a...

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...

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