Payments News

On The Web

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Domains

This Amazon-backed Startup Makes Digital Payment Possible Without Internet

“ToneTag’s technology involves transmitting data encrypted from one device to another using sound waves. It doesn’t require any particular hardware and can be done through smartphones, feature phones, PoS (Point of Sale) devices, EDC (Electronic Data Capture) devices and also by ToneTag’s retail pod, among others. One has to simply program a device with ToneTag’s […]
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Domains

First Data, Visa Test POS Technology for Contactless Pay on Samsung Devices

“Fiserv Inc. unit First Data said it plans to introduce its SoftPOS technology — developed with Visa and Samsung Electronics — that allows smartphones and tablets to accept contactless payments without the addition of new hardware, according to a press release.  The SoftPOS will allow merchants to accept payments on the devices using near-field communication-enabled technology […]
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Domains

Visa to Let Merchants Accept Contactless Payments on Android NFC Phones

““Tap to Phone makes it easy for sellers to use Android smartphones to accept payments without any additional hardware. It’s as simple as downloading an app. “This means millions more sellers everywhere will be able to accept contactless payments using current-generation mobile devices. Customers win too, as they’ll be able [to] make payments in seconds […]
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Deals

Gojek Acquires Payments Startup Moka for $130 Million

“Indonesia’s ride-hailing and food-delivery giant Gojek has acquired a mobile point-of-sale startup called Moka for about $130 million, according to people familiar with the deal. Jakarta-based Moka, present in more than 100 cities across Indonesia, provides point-of-sale and payments services to owners of more than 35,000 restaurants, coffee shops and retail outlets.”
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Domains

Mobeewave And Samsung Leverage Contactless With Fast Onboarding for No-Dongle Acceptance

“Mobeewave Inc. , a Montreal-based specialist in technology for contactless payments, said on Wednesday it is launching a streamlined merchant-onboarding process in connection with a payment-acceptance service it introduced in October with Samsung Electronics Co. Ltd. That service lets merchants accept contactless payments via a near-field communication link between the consumer’s card and the merchant’s […]

On The Wires

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POSaBIT Launches Fully Compliant Mobile Payments Technology for Cannabis Industry

“POSaBIT , a leading financial technology company delivering unique blockchain-enabled payment processing and point of sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announced the rollout of its fully compliant mobile payments system for dispensaries across states. POSaBIT’s new handheld device allows for compliant processing of mobile delivery that could […]
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Domains

Ingenico ICON Case Helps Merchants Design More Creative Mobile Checkout Experiences

“The iCON case provides an easier means of managing devices in-store. Currently designed for Ingenico’s Moby/8500 and Link/2500 mobile point of sale (mPOS) devices, the iCON case is a magnetic enclosure enabling in-store customer service, wait staff, concierges and others to easily attach and detach their preferred smart devices from their mPOS. This allows them […]