Payments News

On The Web

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Domains

GoDaddy Is Letting Users Turn Their Smartphones Into a POS

“GoDaddy has announced it is launching into in-person payments by allowing users to turn their device into a point of sale ( POS ) device.    GoDaddy’s solution is somewhat novel: unlike Square’s physical reader (which connects to an iPhone) or Apple using the iPhone’s NFC chip, GoDaddy is using QR codes and its app […]
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Domains

iPhones Will Soon Accept Contactless Payments Directly, Says Report

“Small businesses will soon be able to use iPhones to accept payments without the need for Square-style extra hardware, according to a Bloomberg report . The feature has been anticipated since Apple bought contactless payment startup Mobeewave in 2020, and Bloomberg now says it could be coming via a software update “in the coming months.” […]
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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 […]

On The Wires

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Domains

Adyen to Offer Tap to Pay on iPhone to Customers Later This Year

“Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, is working with Apple to offer Tap to Pay on iPhone for its U.S. customers later this year. The solution allows Adyen’s U.S. customers to use their iPhones to accept contactless payments, without the need to purchase or manage additional hardware or […]
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Domains

Mastercard Partners With Bank Alfalah for Market-first Launch of Tap on Phone and Simplify Commerce Solutions in Pakistan | Middle East/Africa Hub

“Mastercard and Bank Alfalah have entered into a strategic partnership to empower businesses in Pakistan through the launch of two of Mastercard’s market-leading solutions powered by Mastercard Payment Gateway Services  – Tap on Phone and Simplify Commerce – leveraging the power of technology to catalyze success and boost financial inclusion for businesses across the market, […]
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Domains

Apple Unveils Contactless Payments Via Tap to Pay on iPhone

“Apple today announced plans to introduce Tap to Pay on iPhone. The new capability will empower millions of merchants across the US, from small businesses to large retailers, to use their iPhone to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone […]
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Domains

Network International Launches Tap on Phone in Partnership With Mastercard to Expand Digital Payment Acceptance Across Middle East & Africa | Middle East/Africa Hub

“An estimated 500,000 new merchants across the Middle East and Africa will soon be able to benefit from simple, seamless and convenient digital payment acceptance via Network International’s Tap on Phone technology, which enables mobile phones to act as payment terminals. The initiative marks a new milestone between Mastercard, a technology leader in the global […]
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Domains

MagicCube Announces $15 Million Investment Round Led by Mosaik Partners, Advancing the Software-Based Security Paradigm Shift

“MagicCube, the startup that created the Software Defined Trust (SDT) category, announced today a $15 million round of investments led by Mosaik Partners, with participation of Bold Capital, Epic Ventures, cardreader maker ID Tech, and individual investors in the fintech space. Funds raised in this round will be used to accelerate deployment of the company’s unmatched software-based […]
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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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