Payments News

On The Web

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Companies

Square Plans New iPad Payment Terminal With Built-In Tap-to-Pay

“Square Inc. is developing an iPad point-of-sale terminal that will let shoppers more easily tap to pay for purchases at participating stores. The company’s current Square Stand, launched in 2013, features a magnetic stripe reader but requires an external device to handle phone payments or tap-to-pay credit cards. The new version in development integrates the […]
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Domains

Viva Wallet Launches Tap on Phone Feature for Android POS App

“Viva Wallet, a pan-European neobank providing localised payment services to businesses has launched a Tap on Phone solution for both contactless and pin payments, with the capability of turning any NFC enabled Android device into a card terminal. With no installation, no contract, no monthly charges, and no purchase of a physical card terminal required, […]
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Domains

MagicCube, Dojo Offer Contactless Mobile PIN Payments for U.K., Irish Merchants

“MagicCube’s software that converts Android devices into mobile point-of-sale terminals will be deployed in the U.K. and Ireland through a partnership with payments provider Dojo. London-based Dojo’s payment acceptance technology will integrate with MagicCube’s i-Accept software. The companies are testing the technology in different venues in the U.K., with plans to scale as soon as […]
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Domains

NPCI Partners With SBI Payments to Launch ‘RuPay SoftPoS’ Solution

“National Payments Corporation of India (NPCI) on Friday partnered with SBI Payments to announce the launch of ‘RuPay SoftPoS’ for millions of Indian merchants. This innovative solution has the capability to transform NFC enabled smartphones into merchant Point of Sale (PoS) terminals for the retailers. Merchants will now be able to accept contactless payments of […]
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On The Wires

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Domains

NMI and J.P. Morgan Collaborate to Expand Card-Present Payments Offering in Europe

“NMI , a leading global payments enablement technology company, and J.P. Morgan , the No. 1 acquirer of web transactions in Europe* for the sixth year running, will utilize NMI’s portfolio of retail, mPOS, unattended and tap to mobile technologies to serve J.P. Morgan customers in a selection of European countries…NMI’s broad range of payment […]
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Domains

PayTabs Partners With Visa to Bring Innovative ‘Tap to Phone’ Mobile Acceptance Solution to MENA

“PayTabs, MENA’s award-winning payment solutions powerhouse, today announced the launch of their PayTabs Touch product, globally known as Tap to Phone – a contactless merchant payment acceptance solution. With the Tap to Phone touchscreen solution and owing to changing lifestyles, consumerism and the rapid growth in e-tailing, millions of merchants will now be able to […]
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Domains

MagicCube’s I-Accept, the World’s First Software-Based Replacement for Traditional Payment Terminals, Enables Smartphones As TAP & PIN POS for Brazilian Merchants

“MagicCube , the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept ™, a complete software-based replacement for traditional payment acceptance terminals, now available in Brazil. Through i-Accept™, acquiring banks and disruptive financial services institutions can now enable their merchants and retailers to accept contactless cards, including those from Visa®, […]
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Companies

Mastercard Pioneers Cloud Tap on Phone, Its First Pilot of Cloud Point of Sale (POS) Acceptance Technology | Asia Hub

“Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), a California-based independent IT services provider. Cloud Tap on Phone is one of Mastercard’s innovative next generation acceptance products, with the software hosted on Microsoft’s Azure Cloud platform. Mastercard has been […]