Apple unveils Apple Pay mobile wallet at iPhone launch event

Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. It eliminates the need for a mag stripe, instead generating a single-use, unique number for each transaction.

FEATURES


Summit to take a deep dive into the future of ATM and mobile technologies

The second annual ATM & Mobile Innovation Summit in September will feature experts with exceptional depth of knowledge in areas of innovation, security, compliance and regulation.

What host card emulation means for mobile payment security

The EMV card is a physical asset that provides security via encryption. The next step is to duplicate this security virtually.

Amazon eyes mobile payments, POS

The online retail leader has a chance to make an immediate impact with an mPOS product.

ATM & Mobile Innovation Summit to explore Bitcoin, mobile payments

At the Sept. 10-12 event in D.C., speakers from across the payments ecosystem will discuss the future of the industry.

Want to connect with customers? Think mobile first. [infographic]

Most Americans now own a smartphone and are using them to shop and eat out.

Retailers commit to collaborative approach to reduce fraud

NRF said retailers are willing to do their part, but banks and card companies must also shore up the payments system.

Starbucks CEO talks gift card, mobile payment trends

The company processed 2-plus million new Starbucks card activations a day leading up to Christmas.

Understanding the Mobile Location Analytics Code of Conduct

Retailers can comply with best practices for customer privacy while still ensuring the best holiday shopping experience.

Why payments providers can beat Amazon

In an increasingly crowded payments space, providers who keep it simple still stand a chance of maintaining market share.

Is iBeacon the answer to payments and indoor mapping?

Camps weigh in on both sides on the potential impact of Apple's lastest mobile milestone.

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NEWS


MCX reveals its mobile payments network, CurrentC

CurrentC has been launched in private pilot mode in select locations across the country. The private pilot will expand through 2014, with regional and national rollouts to follow in 2015.

Square updates Cash app; seeks more funding

Users can now send funds via text or email as company redesigns service with better transaction notifications.

InComm launches platform for mobile wallet providers

Prepaid product and transaction services company InComm has announced the launch of InComm Mobile Platform for mobile wallet providers and merchants. According to the company, IMP integrates with multiple platforms to provide a full breadth of capabilities required to process mobile payments made using prepaid cards at the retail POS.

Chase adds dashboard for its mobile checkout

Chase Paymentech, a global merchant acquirer, payment processor and subsidiary of JPMorgan Chase & Co., has announced the launch of its Mobile Dashboard, an interactive reporting display that provides merchants using an Apple iPad with a snapshot of their payment...

Survey says college students are wary of mobile payments

An April poll of 2,503 college students around the country revealed that 42 percent would "probably not" or "definitely not" make more mobile payments if they were widely available. The study, sponsored by Balance Innovations, showed that another 42 percent...

Square introduces new features for Market and Register

Square has introduced new features for its Square Market and Square Register tools. Starting this week, sellers can easily post their items on MKT.COM for their customers to pre-order online or on their mobile device and pick up in the store.

Moki, North American Bancard partner on mobile POS

Moki, a provider of mobile app security and operations, announced it has partnered with North American Bancard to secure and manage its mobile point-of-sale solutions for in-store payment processing. According to the companies, NAB is delivering its new mobile payment...

Square reportedly in acquisition discussions with rivals

Square reportedly is discussing the possibility of a sale with several rivals as the mobile point-of-sale provider continues to lose money and burn through the cash it has on hand, according to the Wall Street Journal. The Journal reported Square...

Rogers launches NFC-enabled mobile wallet in Canada

Rogers Communications Friday launched the suretap wallet, a new application that lets customers use their NFC-enabled smartphones to make payments at tens of thousands of retailers across Canada. "Our customers are inseparable from their smartphones, and we know they are...

VeriFone unveils its first handheld EMV-capable payment terminal with Bluetooth, 3G radio and Wi-Fi

VeriFone Systems has announced the VX 690, its first handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity. According to the company, the terminal's size, design and multiple connection capabilities meet merchants' mobile point of sale demands, especially...

Infinite Peripherals approved by Visa Ready

Infinite Peripherals, a developer of mobile point-of-sale devices, announced that it has been approved by the Visa Ready program, which indicates that the company's Linea Pro 5 and Infinea Tab 4 mobile peripherals meet Visa's requirements for a reliable, convenient...

Mobile POS set to grow 95 percent worldwide in 2014

The adoption of mobile devices for POS transactions is exploding worldwide, as retailers and consumers alike get more accustomed to retailers asking for payment on mobile devices. According to new research from IHL Group, shipments of new mobile POS device...

CreditCall, skyauth provide mobile payments for Berlin pop-up stores

Skyauth has launched its mPOS service for short-term-retailers by signing up its first customers, eight pop-up stores in Berlin. London-based skyauth is a provider of cloud commerce services. Its popuppay platform offers support for cash, card and digital wallet payments,...

VeriFone wins 2014 MPE Award for mobile POS

VeriFone Systems Inc. has announced that it won the 2014 Merchant Payments Ecosystem Award in the mPOS category at MPE 2014 in Berlin. VeriFone was selected by the MPE awards committee for its portfolio of Payware Mobile solutions that transform...

Study: One-third of UK online sales made via mobile devices

One in three of all U.K. online sales are now made on a mobile device, according to research by Interactive Media in Retail Group, the U.K.'s industry association for e-retail.

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