A new MasterCard study reveals digital wallets are the main topic of discussion online when it comes to payments innovation in some of the world’s biggest emerging markets including India, China, Indonesia, Malaysia, Nigeria and the UAE.Details
With huge influx of new payment solutions into the industry, both opportunities and challenges for merchant acquirers have reached a new level. There is paradigm shift from conventional services, such as accepting mag-stripe debit/credit cards, and mail and telephone orders, to new acceptance channels as a result of e-commerce/m-commerce, contactless technology, mPOS and omni-retailing.Details
Synchrony has become the private label credit card issuers to give its cardholders the ability to add their cards to Samsung Pay, the mobile payment service which launched today in the United States and works almost anywhere customers can swipe their cards.Details
Sweden’s Fingerprint Cards touch fingerprint sensor FPC1025 is now in ZTE’s smartphone Axon Mini. Already received as well as expected revenues in 2015 that relate to sales of FPC1025 for this smartphone model are included in FPC’s communicated revenue guidance of approximately 2,500 MSEK for 2015.Details
U.S. Bank and Elavon announced the availability of Samsung Pay to offer more payment choices and convenience to their customers.
Consumers and small businesses with U.S. Bank Visa credit and debit cards may now load their cards onto eligible Samsung mobile devices and pay using Samsung Pay.
Detroit-based Graphite Payments is offering the necessary hardware to help merchants handle the changes to payment processing standards in the U.S. As of October 1, merchants who have not transitioned to the new, higher security EMV card standard will be responsible for a larger share of the cost in the event of fraud or a customer data breach.Details
Global Payments (GPN) is offering its merchants in the USA the ability to accept Samsung Pay, a simple and safe mobile payment service that works almost anywhere you can swipe or tap your card. As a Samsung Pay-qualified payment provider, Global Payments’ robust suite of payment solutions is fully enabled for acceptance, allowing merchants to offer their customers the convenience of Samsung Pay.Details
First Data supports Samsung Pay, now available for in-store use in the USA. Samsung Pay will be accepted across First Data’s point-of-sale devices, including the innovative Clover family of business management solutions. First Data’s STAR Network, the largest independent debit network, will also support Samsung Pay.Details