BANAMEX in Mexico launch mPOS
BANAMEX became the first bank from the American continent to launch iAcepta Móvil Banamex, an application developed by Stratus Technologies Mexico called S-Pay mobile POS, which is compatible with handheld devices to make completely...
Payment industry history with first AES DUKPT key management implementation
Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10.
Co-designed by Verifone, AES DUKPT is a new security key management standard that was approved...
Verifone to be acquired by Francisco Partners for $3.4 billion
Verifone Systems and Francisco Partners, a leading technology-focused private equity firm, have announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners and including British Columbia...
PayPal updates Here mPOS hardware
PayPal is shipping two new mPOS devices, one which accepts card swipe transactions and another for chip and tap payments.
Pitched at mobile small businesses, the readers are designed to help users accept payments nearly...
Turning a smartphone into a payment terminal – Mobeewave announces agreement with Samsung
Mobeewave say they have signed a global partnership agreement with Samsung that will allow Mobeewave to offer its patented in-person contactless payment acceptance solution on Samsung devices.
The solution enables people to accept payment from...
Ingenico launches products to secure place in fast growing Android POS market
As the Android POS market really begins to gain traction in both mPOS and traditional POS Ingenico launched Axium, its next-generation POS platform designed with acquirers' clients in mind. It gives access to a...
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...
NFC-ready POS terminals to reach 16.1 million in 2016
According to new research from Berg Insight, the market for NFC-ready POS terminals continues to show strong momentum in 2016 with annual shipments anticipated to reach an estimated 16.1 million units worldwide.
The attach rate...
Small Businesses Get Mobile
Smartphones are firmly stamping their mark on the payments and merchant landscape in many forms. Whatever their role in the purchasing process, smartphones can offer convenience, speed, mobility and security – all ‘must-haves’ for...
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...