Report: NFC-ready POS terminals reached 24.7M in 2017

The market for NFC-ready point-of-sale terminals continues to show strong momentum with annual shipment in 2017 reaching an estimated 24.7 million units worldwide, according to a report from IoT analyst firm Berg Insight. The attach rate for NFC was highest...

Toast raises $115M in Series D funding round

Toast, a restaurant management platform that includes a mobile POS device called Toast Go, has raised $115 million in Series D funding to accelerate investment in research and development, recruit new talent, and expand its market presence, according to a...

Yoyo links with Preoday on mobile order ahead feature for UK retailers, caterers

Yoyo, a Europe-based mobile payment, loyalty and marketing platform, is partnering with digital ordering platform Preoday to create an integrated way for retailers and caterers to affordably provide pre-ordering services to customers across the U.K., according to a press release....

BJ's adds PayPal checkout services to website

BJ's Wholesale Club announced an integration on BJs.com with PayPal, PayPal Credit and PayPal One Touch, according to a press release. "We're committed to making shopping easier and more convenient for our members, which is why we're excited to partner...

Cellum helps bring contactless wristbands to Hungary music festivals

Cellum, a Hungary-based mobile payments technology provider, is working with Festipay to bring contactless-enabled wristbands to music festival patrons to use as a ticket and payment device, according to a press release. Patrons can use the wristband in conjunction with...

Bluefin, NCR expand POS payment security

Bluefin and NCR are working together to improve NCR's clients' experience by providing Bluefin's PCI-validated point-to-point encryption security product to merchants and retailers using NCR's Counterpoint Retail product to process payments through NCR Secure Pay. The companies said in a...

Grab brings popular mobile wallet to Malaysia

Singapore-based Grab has launched its popular mobile wallet in Malaysia thanks largely to a partnership with Maybank, according to a press release. "What's stopping many in Malaysia from adopting cashless is the perceived lack of safety and convenience," Ooi Huey...

Masabi brings more payment options for mobile bus tickets in Denver

Masabi recently announced that Bustang riders in Denver now have new options to pay for tickets when using the Justride Bustang mTicketing app with the addition of Masterpass and Apple Pay, according to a press release. To use Masterpass or...

99 Ranch Market to accept Alipay at North American stores

99 Ranch Market, one of the largest Asian supermarket chains in the U.S., has announced a partnership with Alipay that will enable customers to pay for items using Alipay's mobile wallet in-store, according to a press release. Beginning July 1,...

Visa touts contactless payments at World Cup venues

Approximately one in every five (17 percent) purchases with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets and rings, according to a press release from the card network. Within the stadiums the...

UnionPay brings QR code mobile payments to North America

UnionPay International is partnering with Bank of China (Canada) to enable all Foodymart stores in Canada to accept UnionPay QR code payment, according to a press release. Some food and beverage merchants in California, have recently started accepting UnionPay QR...

Venmo officially launches companion debit card

After a year of tests, Venmo Monday officially launched a companion debit card to its popular mobile person-to-person app. The card, which is MasterCard-branded and contactless, is in limited release. Perspective users can join a waiting list for the card...

Nuggets teams up with QFPay in China

Nuggets, a blockchain e-commerce payments and ID platform, has entered into a partnership with QFPay, one of the largest Chinese mobile payment product providers and which is used by Asian e-commerce giants Alipay and WeChat Pay, according to a press...

National Bank launches mPOS product in Montreal

Montreal-based National Bank's SME clients can now use National Bank Easy Pay, a mobile point-of-sale product powered by Montreal fintech Mobeewave. National Bank also is partnering with Global Payments on Easy Pay, according to a press release. With Easy Pay,...

PayPal acquires yet another company with $400M Hyperwallet deal

PayPal this week agreed to acquire Hyperwallet, a global payout platform, in a deal worth $400 million in cash. PayPal said in a press release the acquisition of Hyperwallet enhances its payout capabilities, improving the company's ability to provide an...

Nets forms pacts with Finland's Pivo mobile wallet

OP Financial Group's Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland, according to a press release. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both...

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...

UK debit card use surpasses cash for first time thanks to contactless, digital payments

The popularity of contactless payments, online shopping and smartphones is having a significant effect on how U.K. consumers manage money and pay for things, leading to debit cards overtaking cash as the most used payment method in region, according to the latest research from U.K.

Rakuten scoops up mobile order-ahead specialist Curbside

Rakuten Inc. has reached across the Pacific Ocean from Japan to acquire Curbside, a California-based company that specializes in mobile order-ahead technology for retailers and restaurants, according to a press release. The companies did not disclose details of the deal....

Study: Payment choice might influence how consumers book flights

How travelers book and pay for trips may be influencing their decisions on what services to use, according to survey results from OAG, a global provider of digital flight information. OAG asked travelers which modern payment options they would be...

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Talking With: Amanda Manna about retailers and digital disruption