Payments News

On The Web

nbsp;

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 […]
nbsp; nbsp;

Companies

Mastercard Extends Partnership With Phos

“Mastercard has extended its partnership with Point of Sale software provider phos as part of efforts to grow coverage of contactless card transactions.The renewed collaboration will see phos, a FinTech which provides software-only Point of Sale (SoftPoS) solutions, and Mastercard extend coverage to support Tap on Phone, a Mastercard solution that turns phones into payment […]
nbsp; nbsp;

Domains

Argentine Fintech Ualá Takes Mobile Payments to Small Businesses

“Argentina’s Ualá, the mobile payments company backed by heavyweight investors including George Soros, Steve Cohen and Tencent Holdings Ltd, is expanding into merchant services in Argentina. The company is launching Thursday a variety of services that cater for the first time to small businesses, said Ualá’s founder and chief executive officer, Pierpaolo Barbieri. Ualá will […]
nbsp;

Domains

BBVA to pilot contactless payments acceptance on standard Android NFC smartphones

“Spanish banking group BBVA is to pilot a service which will enable merchants to accept contactless payments on their Android smartphones without the need of additional hardware. The proof of concept pilot will integrate fintech company Rubean’s PhonePOS solution into the merchant apps of up to 2,000 of BBVA’s merchant clients in Spain, allowing them […]

On The Wires

nbsp;

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 […]
nbsp;

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®, […]
nbsp;

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 […]
nbsp;

Domains

Visa Issues MagicCube a Security Compliance Allowance to Provide Faster and More Scalable Solutions to Deploy SoftPOS + PIN

“MagicCube , the leader in the new category of Software Defined Trust (SDT), today announced that Visa® has issued a security compliance allowance for i-Accept™, a complete software-based replacement for traditional payment acceptance terminals. This compliance confirms that MagicCube has successfully completed the security evaluation by Brightsight, the largest independent security testing lab in the world, based […]