Category Archives: M POS

Amazon launches mPOS

In a widely anticipated move, Amazon.com has unveiled a $10 mobile point of sale device (mPOS) and mobile app for brick-and-mortar businesses, marking the latest step by the US online retailer to expand its presence in the physical world. The move places Amazon in a crowded market, including startup Square, which popularized a payments dongle that allowed small- and mid-sized ...
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Point of Sale (POS) forecast report

At 93% of total US retail dollar volume, the point of sale (POS) retail market towers above the online market and will continue to do so for years to come. But the growing popularity of the digital realm has fundamentally altered the nature of the POS, as brick-and-mortar retailers have had to embrace elements of mobile and online channels in ...
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Amazon Wallet

Amazon has quietly released a new Android and Fire Phone app, dubbed Amazon Wallet, which lets users scan cards with their phone and save them in the Amazon cloud, so they’re easily accessible when needed. Amazon’s first attempt at its own mobile wallet application, designed for use at POS, has made a quiet debut on the Amazon App store and on Google Play. ...
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MasterCard enable card payments in Vietnam

MasterCard and Sacombank have announced a partnership to MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for the first time in its 100-year history. As a result of this partnership, the Ben Thanh market in Ho Chi Minh, which previously ...
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SumUp launches first proprietary Chip & PIN device in Europe

Mobile point-of-sale (mPOS) company SumUp announced the launch of the first proprietary mobile Chip & PIN device of an mPOS provider in Europe. The device, called PIN+, is available in Poland and Switzerland as of today before being rolled out across Europe in countries including the UK, Germany, Italy and Spain in the following weeks. PIN+ will cost £79. SumUp’s ...
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Groupon to rollout ‘Gnome’ iPad POS system

Groupon has unveiled Gnome, an iPad POS system with deep integration into Groupon’s infrastructure that the company hopes will spur uptake among merchants that regularly run promotions through the service. Many of Gnome’s features are designed to make it easier for merchants to administer Groupon campaigns. Those with Groupon’s app installed on their phone, for instance, will automatically be recognized as they ...
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mPOS market continues to grow displacing traditional POS players

The latest Smart Insights Report establishes that mPOS, the combination of smartphone convenience with the needs of the bank card acceptance at the point of sales, will account for 52 million units shipped in 2018. At that time, the installed base of mPOS will be larger than the number of traditional POS terminals. During the study period (2013-2018), the emergence ...
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Is Square for sale?

After a number of anonymous sources wagging tongues, the clock is ticking for Square. Jack Dorsey’s payment start-up is burning through massive amounts of cash as it tries to scale its payments business. Recently the Wall Street Journal – citing unnamed people in-the-know - reported that Square lost $100 million in 2013 and is quickly eating up its $340 million supply of venture ...
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MPOS devices could leave millions worldwide open to attack

Mobile Point of Sale (MPOS) devices can be easily hacked, leaving banks, retailers and millions of customers exposed to serious fraud around the world, global information security firm MWR InfoSecurity has revealed at the SyScan security conference in Singapore. Security researchers from MWR Labs, the research arm of the company, who in 2012 revealed critical vulnerabilities in Chip and Pin ...
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American Express invests in Indian mPOS provider Ezetap

American Express  has bought a minority stake in Indian mPOS provider Ezetap Mobile Solutions. Ezetap has deployed 12,000 devices across South East Asia and Africa, will use the funds to increase growth in these markets. It aims to take the total number of devices over 100,000 by next year. American Express believes mobile point of sales solutions will play an important ...
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