Visa Inc., and Verifone, a leader in point of sale payments, announced a partnership that will enable merchants to offer their customers a more streamlined, secure purchase experience across digital and face-to-face commerce environments, often referred to as omni-channel commerce. As part of the partnership, the companies will integrate industry leading platforms: Verifone will connect
As the demand for tablet and mobile-based point of sale solutions accelerates across the Asia Pacific region, Powa Technologies announced that S-Cubism Technologies has become the first Japanese-based POS software provider to complete integration with its PowaPOS tablet-based hardware. The full-featured solution will use its EC-Orange POS for iPad and Windows, and is available from
At the World Economic Forum on Africa, MasterCard announced its partnership with Premier Bank, becoming the first international payments network to enter Somalia. As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country that hasn’t had any form of formal banking service since
Demandware, Inc., the industry-leading provider of enterprise cloud commerce solutions, announced that it has partnered with Pinterest to enable commerce functionality within the popular visual bookmarking tool. Demandware has developed an integration that enables a native, secure mobile checkout experience within Pinterest, leveraging the underlying commerce functionality of the Demandware cloud platform to capture and
The National Microfinance Bank (NMB) says its net profit has slowed down as the result of reviewing lending procedures to maintain low defaulting ratio, as opposed to claims that the strategy was part of competition. NMB, the biggest bank in term of profitability, said despite a profit slowdown of 0.5 per cent to 38.36bn/- during
Global payment gateway BlueSnap announced that the company has enhanced its suite of fraud prevention services by partnering with Kount, a leading provider of fraud detection and sales boosting technology. BlueSnap will use Kount’s award-winning technology to help online sellers protect their revenue, defend their reputation and increase payment conversions when transacting in any of
The banking sector has been advised to promote the culture of saving as experts believe that “poverty stops once savings starts”. The experts are urging that banks, especially those offering retail and savings services, should make more efforts to bring the unbanked to the financial services since domestic savings are vital for people’s development. The
NCR, the global leader in consumer transaction technologies, announced that California-based clothing retailer M.Fredric is enhancing its retail point-of-sale (POS) and inventory management systems with NCR Counterpoint. The solution provides M.Fredric with a single retail management software platform to closely track purchases and inventory levels in real-time across its nine brick-and-mortar locations and e-commerce store.
Allied Wallet, a globally leading provider of online credit card processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway, is now a supported online payment provider of Spreedly. Allied Wallet forecasts that this partnership will increase business by 29% in quarter three of 2015. Spreedly’s service allows merchants to accept credit cards
Wincor Nixdorf has received a three-year contract from Bancolombia for the operation of its 1,160 self-service systems. The bank also ordered 800 ProCash 280 automated teller machines. In addition to installation and maintenance, the service contract covers the complete management of the bank’s self-service device park. Wincor Nixdorf will assume responsibility for all support activities,
