Go-Jek takes big step into mobile payments with fintech acquisitions

An Indonesia-based motorcycle taxi ordering company is taking an unusual step to get into mobile payments next year with the purchase of three fintech firms in the country, according to various local reports. Go-Jek wants to give consumers the ability...

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...

7-Eleven tests mobile ordering for delivery or in-store pickup

7-Eleven is testing on-demand ordering for delivery or in-store pickup at select Dallas stores with its new 7-ElevenNOW smartphone app, according to a press release. Currently being tested in 10 downtown and uptown 7-Eleven stores in Dallas, 7-ElevenNOW is expected to roll out to other U.S. locations in 2018.

Chase Pay acceptance coming to Kroger in 2018

The Kroger Co. is teaming up with Chase Pay—the digital wallet from JPMorgan Chase & Co.— to offer mobile payments starting with select retail markets and e-commerce programs in 2018, according to a press release. Through the partnership, Chase's 65...

Submit your entry for the annual Mobile Retail App Comparison Guide

Mobile Payments Today is preparing its second annual Mobile Retail App Comparison Guide. This guide will be the definitive resource for retailers' mobile apps and their capabilities. The point of this report is similar to that of our annual Mobile...

Amex latest card network to nix signatures for authentication

American Express is the latest card network to eliminate the requirement for merchants to collect signatures for all purchase transactions at the point of sale beginning in April 2018, according to a press release. Discover last week announced it will...

Austria grants Dimoco payments license

The Austrian Financial Market Authority has granted a license under the Payment Service Act to Dimoco Payment Services. The awarded license allows Dimoco Payment Services to contribute to the payment value chain, offering merchants a single technical interface and a...

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...

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...

Sionic Mobile partners with AI firm to enhance commerce platform

Sionic Mobile, a cloud-based connected commerce provider, has partnered with NorthOut Inc., an artificial intelligence and emerging technology experiences firm, to enhance its ION Commerce Engine platform with advanced analytics and data-driven dashboards powered by IBM Watson Analytics. The latest...

Study: UK consumers keen on raising contactless payments limit

Nearly half (48 percent) of U.K. shoppers would like to customize their contactless card transaction limit, or would like to the ability to do so, according to research from Paymentsense. For those shoppers wanting a customizable limit, just over a...

Singapore to debut new standard for QR codes

The Monetary Authority of Singapore earlier this week announced that something called the common Singpare Quick Response Code will make its debut next year as payment service providers adopt this new standard, according to multiple local reports. The authority said...

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.

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...

Fraudsters set for busy Black Friday

With online purchases poised to exceed those in physical stores this holiday season, Black Friday 2017 could be the busiest day ever for cyberattacks on retailers, according to digital ID provider ThreatMetrix. This week, the company released its Q3 2017...

Reserve Bank of Australia concerned about rising merchant costs for contactless payments

The Reserve Bank of Australia is concerned about merchants' rising costs to accept contactless payments as more consumers in the country choose to pay with smartphones, according to local media reports. And the RBA is threatening more bank regulation if...

London fintech startup links with Barclays to test digital receipts

Flux, a London-based fintech startup, is partnering with Barclays to test the company's digital receipt technology with some 10,000 of the bank's customers, according to multiple reports. Flux has created a software program intended to link between transaction data, captured...

Australian FIs partner with eftpos network on Android Pay

Australia's domestic debit payments network, eftpos, has announced that some 2 million cardholders from ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release. ANZ and eight Cuscal-sponsored credit unions...

Hatch Loyalty, Cardfree partner on retailer mobile wallet services

Hatch Loyalty is partnering with mobile commerce company Cardfree to bring personalized engagement and mobile wallet services to large retailers, according to a press release. The companies will provide gas stations and convenience stores order-ahead, stored-value, engagement and loyalty services....

Adyen adds Yandex.Checkout acceptance merchants in Russia

Payments platform Adyen has expanded its partnership with Russia's largest payment service provider, Yandex.Checkout, to enable retailers worldwide to accept the most popular payments methods in Russia and the Commonwealth of Independent States, according to a press release. "Adyen has...

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