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...

Garmin Pay welcomes Visa cardholders

Garmin International and Fit Pay announced that the Garmin Pay contactless payment feature is now available for eligible Visa credit, debit and prepaid accounts from many of the network's major participating issuing banks, according to a press release. The new...

MasterCard helps Nairobi merchants with SMS-based micro-loans

MasterCard has unveiled a new platform called Kionect, a digital ordering system that enables small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS, according to a press release. Orders submitted via a feature phone...

Apple Pay arrives for CaixaBank customers in Spain

Comercia Global Payments, a joint venture between U.S.-based Global Payments and Spain-based CaixaBank, announced that Apple Pay is available to its customers. Using the new CaixaBank Pay app, users can now add their Caixabank cards to Apple Wallet and use...

SumUp strikes mPOS deal with Chilean bank

Mobile point-of-sale provider SumUp and BancoEstado de Chile, the largest national bank of Chile, have launched a joint venture offering mobile card acceptance to small businesses, according to a press release. Through the newly formed joint venture, SumUp increases its...

Garmin Pay now live on Garmin vívoactive 3 smartwatch

Garmin International and Fit Pay, a wholly owned subsidiary of NXT-ID, have announced that the Garmin Pay contactless payment feature is now live on Garmin's vívoactive 3 smartwatch and available to cardholders of issuing banks supporting the new service, according...

Visa launches program to help transit agencies with contactless payments

Visa has launched Visa Global Transit Solutions, a program designed to accelerate the use of open-fare contactless systems for mass transit commuter worldwide, according to a press release. "Visa played an important role in partnering with Transport for London," Michael...

Visa helps to bring contactless wearables to upcoming Winter Olympics

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices that fans and athletes will be able to use at venues during the Games in South Korea. "We are looking...

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...

USA Technologies set to acquire software provider for $85M

USA Technologies Inc., a payment technology service provider of integrated cashless and mobile transactions in the self-serve retail markets, has signed a definitive agreement to acquire Cantaloupe Systems Inc., a provider of cloud and mobile solutions for micro markets, vending...

KFC China location tests facial-recognition kiosk payments with Alipay assist

Yum China Holdings is testing self-serve kiosks with facial recognition at a store called KPRO in Hangzhou, according to Fox News. Yum China Holdings spun off from its former parent company, Yum Brands Inc., a year ago. Customers go to...

Rambus collaborates with Samsung Canada, Interac to deliver Samsung Pay in Canada

Rambus, a company that provides digital security, semiconductor and IP products and services, is teaming with Samsung Canada and Interac Association/Acxsys Corp., the organizations behind Canada's leading payment brand, to help enable Interac Debit on Samsung Pay in Canada. The...

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...

MasterCard works with India state to advance cashless society

MasterCard is working with the state government of Andhra Pradesh, India to make this particular region of the country a cashless society and a smart city, according to local reports. MasterCard and Andhra Pradesh signed a two-year memorandum of understanding...

Square brings contactless reader to Canadian merchants

Square’s contactless and chip reader is now available to local businesses across Canada, according to a press release. The device accepts contactless cards and Interac Flash, as well mobile wallets such as Apple Pay and Android Pay. "Businesses of all...

NCR partners with Maine FI to improve Alexa voice banking

NCR Corp. has partnered with Maine-based Town & Country Federal Credit Union to create a new skill for Amazon Alexa-enabled devices that enables consumers to securely link and manage their personal bank account information through the device, according to a...

NCR debuts new mPOS system for micro merchants

NCR Corp. has launched a new mobile point-of-sale product intended for micro businesses, which are merchants that tend to have 10 employees or fewer. The product, Ring Up by NCR Silver, is intended to provide these businesses with a simple...

Shake Shack tests cashless kiosk at NYC location

Shake Shack will introduce its first-ever cashless kiosk at a new restaurant in Astor Place in New York City this month, according to a Kiosk Marketplace report. The company will use this "playground" to test digital innovations.

Starbucks enables account reloads via Apple Watch

Starbucks now is enabling Apple Watch users to reload their Starbucks Card account from within the coffee retailer's app for the device, according to a report at 9to5 Mac. Apple Watch owners could always pay with the Starbucks app on...

Drink Command makes it easier to self-serve, pay for beer

An Ireland-based company called Drink Command has released a new self-service draft beer system that enables customers to pour and pay for their drinks directly at the beer tap with the help of a full-service payment management system from Verifone,...

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