New research shows the number of consumers making contactless payments via their mobile handsets would reach 300 million globally by 2017, up from just over 110 million last year. The Juniper Research report found that many markets were being seeded for mobile contactless adoption by accelerated rollout of contactless cards. These rollouts were being accompanied by marked increases in contactless POS (Point of Sale) terminals, with vendors VeriFone and Ingenico both now shipping the majority of their terminals with NFC (Near Field Communications) as standard.Details
Moneris Solutions Corporation, releases PAYD PRO™, the first and only smartphone-based mobile point-of-sale (“mPOS”) solution in Canada to accept both Interac Debit and credit card payments. PAYD PRO is also the first mPOS product to include EMV® Chip & PIN and contactless payment technology. This revolutionary solution allows merchants to process payments securely, anywhere they do business.Details
SimplyTapp Host Card Emulation (HCE) solutions for mobile payments announced Mohammad Khan has been named to its Board of Directors. Mohammad Khan co-founded ViVOtech in 2001, the early leader in contactless and Near Field Communication (NFC) mobile payments. As its President and Board Member, Khan paved the road for mobile payments by shipping more than one million NFC POS terminals to a wide variety of brand name merchants around the world. Khan and the team also ran multiple successful field trials globally for mobile payments, offers, and loyalty programs confirming to the industry that consumers liked using their mobile devices to shop, save and pay at physical stores. Prior to ViVotech, Khan worked at VeriFone for 15 years joining in its infancy days, and contributed in making magnetic stripe and smart cards to be the leading payment medias for the industry globally.Details
ESPN Events has announced BitPay as the new title sponsor for the annual college football postseason game played in St. Petersburg (Fla.). Beginning with this year’s December 26 game, the bowl will now be known as the Bitcoin St. Petersburg Bowl. BitPay will serve as title sponsor for three years through the 2016 game.Details
With Telefonica O2 UK and its over 23 million customers, again one of the largest European mobile network operators has placed its confidence in net mobile AG’s (net-m) expertise in the area of mobile payment services. net-m’s unique payment architecture enables the flexible and cost-effective integration of existing pay-interfaces of mobile network operators with Google’s Play Store, one of the leading app stores worldwide.Details
Flint Mobile announced the integration of its no-card-reader mobile payment app with Intuit’s QuickBooks Online, expediting end-to-end operations for small businesses that work outside traditional storefront environments.
Flint is the only mobile phone-based payment app that automatically syncs all transactions, line item information and customer information with the user’s QuickBooks Online account, eliminating manual data entry while also providing detailed reporting and customer history tracking not available with other platform integrations. These features extend Flint’s benefits for mobile business management, including the ability to take payments by scanning the card number with the camera instead of swiping with extra hardware, send invoices for easy online bill payment, handle cash and checks as well as card payments, and manage customized coupons with Apple Passbook integration. Merchants can begin accepting payments instantly with no need for a merchant account or waiting period for hardware delivery.
VeriFone Systems, Inc. announced the introduction of two EMV-ready payment terminals from VX Evolution”its latest line of portable and countertop terminals”to the Kingdom of Saudi Arabia market with its partner, International Turnkey Systems Group (ITS), an integrated IT solutions and software services provider. “VeriFone is committed to providing leading edge, certified terminal solutions to meet the needs of our clients in key markets”Details
Diebold is adding more than 1000 new Opteva automated teller machines (ATMs) to Banco de Credito del Peru’s (BCP’s) fleet to expand Peruvians’ access to BCP’s services. Diebold is also providing maintenance services to ensure greater availability of BCP’s entire multivendor fleet of about 1,800 ATMs. BCP has earned a number of awards for delivering innovative banking solutions to the people of Peru. Diebold’s deposit automation technology adds to the bank’s mission to serve the country’s underbanked, many of whom have very limited access to branches. The technology enables BCP ATM users to make envelope-free cash and check deposits at the ATM, replacing traditional in-branch teller transactions with convenient self-service transactions.Details
Digital River Commerce-as-a-Service solutions added bitcoin as a payment option for merchants that are selling online in the United States and using its small to mid-sized commerce solution. Bitcoin will now be available along with other international payment options, such as credit and debit cards, wire transfers, bank transfers and third-party wallets. Digital River’s small to mid-sized ecommerce solution provides online merchants with multiple platforms and tools to successfully build, manage and grow profitable ebusinesses on a worldwide basis. Priced affordably, the solution is based on a do-it-yourself ecommerce model with short click-through contracts, global ecommerce features and customizable e-store set-up options.Details
Flint Mobile today announced the integration of its no-card-reader mobile payment app with Intuit’s QuickBooks Online. Flint is the only mobile phone-based payment app that automatically syncs all transactions, line item information and customer information with the user’s QuickBooks Online account, eliminating manual data entry while also providing detailed reporting and customer history tracking not available with other platform integrations.Details
PayPal, a leading global payments provider, announced plans to introduce services into 10 new markets including Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe. These 10 new markets will be able to register for a PayPal account and start making payments on millions of websites around the world without the worry of entering their credit or debit card details online. PayPal gives people simpler ways to send money without sharing financial information, and with the flexibility to pay using their account balances, bank accounts or credit cards.Details
VeriFone Systems, Inc. announced today that taxi passengers in Philadelphia can now use Way2ride to quickly, easily and securely pay for taxi rides with a tap of their smartphones. Way2ride makes the taxi experience faster and easier for passengers in Philadelphia by enabling them to tap and pay for cab fares in 1,400 of the 1,600 taxi cabs currently operating in the city. VeriFone Systems, Inc. is the global leader in secure electronic payment solutions providing expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets.Details