Category Archives: M POS

Amazon closes mPOS business

Amazon is to close its mPOS business, Local Register, which failed to catch on among the small businesses who were its supposed customers. Amazon Local Register did not gain much traction against more successful rivals, such as Square’s Register and PayPal’s Here services. The service (more…)...
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Square plans IPO in Q4

Square is reported to have plans to hold its initial public offering in Q4 2015, according to sources. Square is continuing with plans for its IPO even as Twitter’s board is considering whether Jack Dorsey, its founder, will remain CEO of the (more…)...
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Square files “confidential” IPO

Square is rumoured to have filed an IPO, a person familiar with the matter said. Square filed its prospectus under the Jumpstart Our Business Startups Act, which permits companies with under $1 billion in annual revenue to file their IPO paperwork (more…)...
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Verifone signs major Payment as a Service deal

Verifone says that Westpac Banking Corporation will be the first bank in Asia Pacific to deploy its new handheld EMV and NFC-enabled terminal solution that is fully supported with payment as a services from Verifone. With more than 13 million customers, Westpac (more…)...
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First Data launches Clover Mini POS

First Data has launched a tablet-based mini POS system dubbed Clover Mini. Aimed at small businesses, the Clover Mini is a small POS system that is aimed at competing with Poynt, former Google Wallet lead Osama Bedier’s recently launched (more…)...
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Miura raises $16m in VC round

Miura Systems has closed a $16m fundraising round, led by London-based investmend syndicate, DFJ Esprit Secondaries (DFJES). The company has sold off a minority stake to speed-up growth in a VC round that included participation from various DFJES funds. “This (more…)...
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Apple selects POS software Vend

During its Q2 2015 earnings call, Apple announced that it is working with a select group of business app developers to bring innovative mobile solutions for business to iPad users. According to Luca Maestri, Apple’s CFO, this focus is a result of (more…)...
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New POS malware family named Punkey

In conjunction with a US Secret Service investigation, Trustwave SpiderLabs researchers have unearthed a new family of POS malware. POS malware is a sinister and often difficult-to-detect threat that preys on retailers running Windows-based payment terminals. This menace has been around for (more…)...
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