Ingenico Group has announced that its Axium D7, the world’s only payment device to fulfil the Google Mobile Services (GMS) requirements, achieved the PCI-PTS v5 certification, highest security standard in the payment industry. This makes the Axium D7 unique on two grounds. While many of the latest payment terminals on the market obtained the PCI-PTS
Bluefin and NCR are working together to improve NCR’s clients’ experience by providing Bluefin’s PCI-validated Point-to-Point Encryption (P2PE) security solution to merchants and retailers utilizing NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay. This joint offering will enable NCR’s clients to offer a higher level of security and peace-of-mind to their customers.
AlipayHK and GCash today announced the launch of a cross-border remittance service through their e-wallet platforms, powered by cutting-edge blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group (“Ant Financial”, “Ant”). This is the first blockchain-based cross-border digital wallet remittance service globally, offering a fast, secure, convenient, transparent and
With the publication of its study on the impact of CPLs issued by the DG ECFIN, the EU Commission announced to no longer pursue legislation with the aim of harmonising CPLs throughout the European Union. The associations welcomed the outcome of the study, which had reached the unequivocal conclusion that there was no data to
The payments platform of choice for many of the world’s leading companies, today announced its direct API integration with the Mastercard Account Updater service. Qualified merchants processing with Adyen globally can now increase revenue from card-on-file payments by automatically updating Mastercard accounts in real time. The direct API connection helps to prevent card declines due
A new study from Juniper Research has found that the adoption of mPOS (mobile Point-of-Sale) devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will represent a threefold increase over an estimated 28 billion transactions in 2018. It
PayPal Holdings, Inc. has announced that it has agreed to acquire Hyperwallet, a leading global payout platform, for $400 million in cash, subject to certain adjustments. The acquisition of Hyperwallet enhances PayPal’s payout capabilities, improving the company’s ability to provide an integrated suite of payment solutions to ecommerce platforms and marketplaces around the world. According
70% of consumers want unattended terminals to accept both card and cash payments and a significant number are willing to use wearable devices or digital wallets at these locations, according to a survey of US, UK and Australian adults commissioned by Transaction Network Services (TNS). TNS is publishing the results of its survey today in
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation digital technology which deliver greater security and convenience. Beginning later this year, Mastercard will
Gemalto has enabled Belgian mobile ID scheme itsme to enroll 350,000 users and securely process one million transactions per month for both private and public online services – making it one of the most successful mobile ID applications in Europe within one year of launch. As well as bringing greater convenience to consumers, itsme provides
