Payments News

On The Web

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Domains

How Software Ate The Point Of Sale

“If some areas of financial technology, or Fintech, promise a new elegance, the point of sale serves as a reminder of the viscosity of the everyday technologies on which most Americans rely. If you want to divine the future of transportation, you’d probably learn more thinking about the bus than the rocket. If you want to […]
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Tech

Alipay to Spend $448 Million Plugging New Face Scanner

“Ant Financial’s ubiquitous mobile payment platform Alipay has launched its latest facial recognition tool and said it plans to spend CNY3 billion (USD448 million) promoting the new system across China. Alipay introduced Dragonfly 2 yesterday. Compared with its predecessor, the point of sales device is smaller and lighter, making it portable, according to a post […]
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On The Wires

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Tech

Shift4 Payments and Posera Announce Merchant Services Solution For Restaurants

“Shift4’s complete payment solution is integrated into Posera’s full-featured Maitre’D point-of-sale solution to provide users with a secure payment gateway, P2PE-enabled EMV devices and full merchant services. This all-in-one solution combines all the pieces of the payment process into a single, all-inclusive program for a superior payment experience.”
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Deals

TouchBistro Raises C$72 Million In Series D Financing Round Led By OMERS Ventures And JPMorgan Chase & Co.

“The new funds will be used to support development of the next generation TouchBistro restaurant operating system, development of new payment solutions, expansion into new and existing markets, and to double the size of the team over the next year. This latest round brings TouchBistro’s total funding to date to C$117 million. TouchBistro is an award-winning […]
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Domains

MYPINPAD Launches Open mPOS Platform for PIN On Mobile

“MYPINPAD, the global leader in payment acceptance and authentication software solutions, today announces the launch of Open mPOS. Open mPOS is a complete mPOS authentication platform that uniquely enables merchants, Acquirers and Payment Service Providers (PSPs) to deploy PIN on Mobile technologies without the need to undergo their own Software PIN on COTS (SPoC) PCI certification. […]
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