Category Archives: M POS

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 many years, but has now become the preferred fraud method by which cyber criminals fleece retailers of huge amounts of payment ...
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Verifone launches cloud POS solution

Verifone says that it is launching a new cloud POS solution for small-and-medium-sized businesses (SMBs). The Android-based solution, Verifone Cloud POS, will be distributed through Verifone’s network of ISO and acquirer partners. “SMBs need more than a payment solution, but until recently it was difficult to provide enterprise level capability to a small business,” says Thad Peterson, Senior Analyst, Aite ...
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Ingenico introduces mPOS

Ingenico has launched the RP170c, an audio jack-based mPOS dongle that can accept payments made by mobile phone. The RP170c offers support for both NFC/contactless and mag-stripe payments via a 3.5mm standard audio jack that can be plugged into any iOS or Android device. The kit comes with an audible buzzer and color LEDs to signal completed contactless transaction and a software developer ...
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iZettle launches free chip and PIN reader

Swedish mPOS specialist iZettle is launching the world’s first free-of-charge chip and PIN reader for merchant customers across Europe. The new iZettle Card Reader Lite connects to tablets and smartphones via cable. iZettle has enjoyed rapid growth over the past year, with its transaction volumes more than doubling in 2014. It is currently operating at a total annual transaction rate ...
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orderbird and ConCardis provide NFC POS

orderbird, an iPAD POS provider, and its strategic payment partner ConCardis have launched a solution for cashless payment with card or contactless via NFC such as Apple Pay. The newly developed chip and PIN card reader allows for secure card payments and contactless payments via cards or smartphones equipped with NFC. The joint product increases orderbird’s presence in the Germany, ...
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Microsoft deploy PayPal mobile payments

PayPal has joined forces with Microsoft to bring its PayPal Here hardware card readers to Windows devices, as well as develop EMV-compliant readers. The collaboration is aimed at small and midsize businesses (SMBs) and merchants looking to enahnce their in-store experiences with mobile devices. The card reader will become available later in 2015 for several Microsoft devices, including the Surface ...
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Stripe banks $70m in fundraising

Online payments start-up Stripe on Monday closed a $70m fundraising round that has seen the company’s valuation double in less than a year to $3.5bn, as investors see promise in a group that is working with Apple, Facebook and Twitter as part of their forays into e-commerce. The San Francisco-based business, founded in 2010 by Irish brothers Patrick and John ...
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Square begins EMV chip-card reader launch

Mobile payments platform provider Square has made an EMV chip-card reader available to its customers. But rather than offering the reader for free, Square is charging customers $29 as part of a pre-sale, and it won’t ship until early 2015. Short for Europay, MasterCard, and Visa, EMV is the payments standard at the center of the upcoming migration planned for ...
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SumUp integrates Bitcoin payments through BitPay

SumUp has announced that it has integrated Bitcoin into its mPOS solution through BitPay, the world’s largest Bitcoin payment processor. The integration means that any bricks and mortar retailer can now easily accept Bitcoin payments. With SumUp’s streamlined checkout process, the customer simply confirms the amount with a single click on their smartphone after scanning a QR code or using NFC broadcast. ...
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First Data unveils Clover Mobile

First Data has unveiled Clover Mobile, a new mPOS business solution that brings new flexibility and versatility to the Clover family. Clover Mobile enables more personal consumer engagement for innovative small- to mid-sized businesses by taking the functionality of the popular Clover Station off the counter and on to the floor. Armed with Clover Mobile, merchants can place orders, take ...
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