CardFlight said the funding will enable it to continue to grow its engineering team and accelerate the rollout of their EMV-approved mobile payment acceptance products in the U.S.
PayPal first introduced the particular device in Australia and the U.K.
By the end of 2015, 60 percent of cards will have chips, compared with 30 percent in June, the Payments Security Task Force says.
One week out from the Oct. 1 deadline, consumer awareness of and about EMV remains low, an ACI Worldwide survey finds.
Lower-income survey respondents were less likely to know about EMV cards than those in higher income brackets, according to merchant services provider Habortouch.
The offer comes in advance of the October 1 deadline for the EMV liability shift.
The company plans to add capacity for end-to-end consulting and certification testing for EMV-ready mobile and contactless solutions.
The Vivopay Vendi is intended for vending machines, drive-thrus, and other unattended systems.
Mobile Payments Today has released its latest survey for the upcoming 2016 Mobile Payments State of the Industry Report.
Hong Kong-based BBPOS announced it is set to launch its new WisePOS, which features full Android smartphone functionality.
Verifone's UX Solutions are a series of customizable and versatile unattended payment devices for use in all types of self-service environments.
The device will retail for $39.95 and North American Bancard is also offering merchants $5,000 in free Apple Pay transaction processing.
Fime says its new solution allows development teams to check their work step by step, reducing the risk of failure in certification testing.
The agreement enables Global Payments to provide white-labeled mobile payment products to its U.S. clients through Apriva's mobile payments solution, AprivaPay Plus.
The program provides messages and materials for industry stakeholders to use in educating consumers about the use and benefits of chip cards.
The reasons for the slowdown — and its longer-term implications — are the subject of a new research note by Mercator.
ABNote said the MeaWallet platform will provide an advanced interface layer for its wallet products that allows customers the ability to enable payment services as well as other services, such as loyalty, coupons and more, in a mobile wallet
'Chip Cards Insider' will address reader concerns leading up to the retail liability shift in October — and beyond.
Verifone's VX 520 3G includes an integrated color screen, PCI 3.0 compliance and the ability to accept EMV, NFC and all other forms of payment.
PAYD Pro and PAYD are two smartphone-based mobile point-of-sale (mPOS) products.