Payments News » Card technology

Will There Be a Need for Credit Cards in Five Years?

March 19 2018

in
Card technology

“Some experts say reports of the credit card’s death have been greatly exaggerated. Cards aren’t going away soon, they say, and neither is the credit-card account, which consumers value and are comfortable using. Others say credit cards won’t be needed in five years because mobile payments are more convenient, cheaper and more secure.”

Tech

PIN-on-Glass Technology Will Be Deployed In an Ingenico Test With MyPINPad

March 16 2018

in
Card technology

“In the tests, which will happen in Europe where PIN entry is much more common than in the United States because of the widespread use of chip-and-PIN cards, London-based MyPINPad’s MPES software-based PIN pad will be integrated in Ingenico’s payment processing and existing infrastructure. The first test is expected to begin midyear.”

Tech

LoopPay tokenized payment device for Samsung Pay

April 4 2018

in
Card technology

“Today, a tokenized payment device for Samsung Pay shows up at FCC. The product is called LoopPay TPD or LoopPay Valet and has model number SP-TPD02. The compact transceiver (5.9×3.7x4mm) supports MST and NFC technologies. It is small enough to hang on a bunch of keys. The device is controlled by a companion app over a Bluetooth Low Energy connection.”

Tech

Whatever you do, don’t give this programmable payment card to your waiter

April 10 2018

in
Card technology

“The makers of the programmable Fuze smart card say it’s powerful enough to be your wallet in one card yet secure enough to be used the same way as traditional payment cards—including trusting it to restaurant servers when paying the bill. But it turns out that convenience comes with a major catch. A flaw makes it possible […]

Security

Zwipe, Gemalto, areeba create Visa’s First Biometric Payment Card in the Middle East

April 17 2018

“Gemalto has partnered up with biometric technology company Zwipe and the Middle Eastern financial and payment technology company areeba, along with Unilux Cards on Visa’s first battery-less dual interface biometric payment card in the Middle East.”

Tech

WEX Inc. Introduces Proprietary Payments Solution for Mixed Fleets: Cross Roads™

March 14 2018

in
Card technology

“WEX developed Cross Roads with mixed fleet customers to create one of the first fully closed-loop networks across retail and high-speed diesel locations. The offer combines all the benefits WEX cards are known for – competitive pricing, integrated reporting and convenience, matchless product controls and the largest proprietary network of accepting merchants – plus thousands […]

Tech

Verifone Launches Engage V400c, the First Touchscreen Countertop in Next Generation Family

April 16 2018

in
Card technology

“Meeting market demand for easy-to-use, smart touchscreen experiences at the point of sale, Verifone (NYSE: PAY) today announces Engage V400c, the first touchscreen countertop solution in the Engage family. Enhancing the Engage lineup of countertops and PIN pads, this new solution is ideal for any small to midsized business (SMB) in a variety of environments including retail, hospitality, drugstore, casual […]

Tech

CPI Card Group Demonstrates Metal and Dual Interface Prowess at Secure Technology Alliance Payments Summit & ICMA Expo

March 23 2018

in
Card technology

“CPI Card Group® (Nasdaq: PMTS, TSX: PMTS) (“CPI” or the “Company”), a global leader in financial and EMV® chip card production and related services, today announced a set of activities planned during the co-located Secure Technology Alliance (STA) Payments Summit and International Card Manufacturing Association (ICMA) 2018 Card Manufacturing & Personalization EXPO, held March 26-29 […]

Business Function

Worldnet Completes First EMV Level 3 Certification of ID TECH’s VP8300 to First Data

April 16 2018

“Worldnet, a leading provider of omni-channel payment solutions and ID TECH, the global leader in payment peripheral technology have completed the first EMV Level 3 certification through First Data for ID TECH’s new VP8300 countertop payment solution. The VP8300incorporates secure MagStripe, EMV chip card, and EMV contactless payment technologies such as MasterCard PayPass, Visa PayWave as well […]

Tech

JCB Pilot of Japan’s First Fingerprint Authentication Chip Card from IDEMIA

April 18 2018

in
Card technology

“Users first record one or more fingerprints for authentication purposes. When they want to buy something, they need only touch the fingerprint sensor on the card’s lower right corner with their finger so as to authenticate payment. The fingerprint record is only kept in the card, and given that fingerprint authentication is also done on […]