Payments News

On The Web

nbsp; nbsp;

Tech

LoopPay tokenized payment device for Samsung Pay

“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.”
nbsp; nbsp; nbsp;

Tech

Worldpay Tests Dynamic CVV Cards In Anticipation Of Broader Availability

“Worldpay Inc. is adding another tool for financial institutions in their efforts to curtail the pricey and nuisance-laden aftereffects of rampant data breaches. The company’s solution comes in the form of credit and debit cards that use a dynamic card-verification value. Cincinnati-based Worldpay is testing the Motion Code-enabled credit and debit cards with two undisclosed […]

On The Wires

nbsp;

Tech

CONTACTLESS PAYMENTS TO REPRESENT 1 IN 3 IN-STORE TRANSACTIONS GLOBALLY BY 2020

“New data from leading fintech analysts, Juniper Research, estimates that driven by payment cards and mobile wallets, in-store contactless payments will reach $2 trillion by 2020, representing 15% of the total point of sale transactions. Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than previously anticipated by […]
nbsp;

Tech

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

“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 […]
nbsp;

Tech

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

“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 […]
nbsp;

Tech

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

“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 […]
nbsp;