January’s edition of the mPOS Tracker highlights three particular developments as the mPOS market rolls into 2014: (1) mPOS continues to expand internationally, particularly in emerging markets, (2) mPOS is the number one priority for merchants ranking even higher than security; and (3) receipts have the potential to become an important marketing channel for merchants. The January 2014
On Track Innovations Ltd. (OTI) a provider of secure cashless payment solutions based on contactless transactions and near-field communication (NFC), announced that its OTI WAVE technology has been certified for inclusion in Visa’s Compliant Products List. The OTI WAVE is an NFC add-on for smartphones, tablets and PCs. The OTI WAVE is the industry’s first
Proxama PLC a mobile marketing, loyalty and mobile wallet company, has delivered the first major retail Near Field Communication (NFC) capability for leading UK online and high street retailer, Argos. From 18th January and in 40 Argos stores throughout the UK shoppers are able to tap their NFC-enabled smartphones to engage with store staff who
BitPay, a provider of business solutions for virtual currencies, announces that New West Technologies, Inc. has released a Bitcoin integration for Microsoft Dynamics Retail Management Systems (RMS). Bitcoin for RMS is a progressive extension that allows Microsoft RMS to receive and process Bitcoin payments for goods and services. Using cryptography to control the creation and
According to TechZim, Telecel Zimbabwe’s mobile money service, Telecash, will finally be launched in Harare this week. The service, which we’re told will launch without fail this time, was initially scheduled to launch in the 4th quarter of 2013 but faced serious delays. The Telecash product is a result of Telecel realising how big a
ReD, a fraud prevention provider, has announced a new four year agreement with South African headquartered payment gateway, Setcom. The agreement will make ReD’s industry leading ReD Shield fraud prevention solution available to Setcom’s global merchant base, as part of an integrated fraud and payments offering. The partnership will allow Setcom to offer ReD’s proven
The recent merger of Bytes Technology Group (BTG) and Altech, has led to the establishment of the Technology Multimedia Telecoms (TMT) Division of Altron. Together, BTG and Altech are set to change the face of the financial administration of local government. The bringing together of these two established technology companies has allowed for the rapid
The state of Akwa Ibom in southern Nigeria has introduced online payment for all legal fees, becoming the first Nigerian state to introduce e-payments in its judiciary arm. The state has also acquired an e-Judiciary enterprise resources planner (ERP), an electronic application that handles court processes. According to the chief judge of the state Justice
Acculynk, a PIN-debit authentication gateway, has announced that the European Patent Office granted Acculynk patent protection for the company’s propriety process for PIN based authentication over the Internet. The patent protects the mechanisms and processes behind Acculynk’s innovative PaySecure product, a software-only service that allows consumers to pay for online purchases with their debit card
Wincor Nixdorf, a provider of IT solutions to retail businesses and retail banks, is launching the BEETLE mobile Point of Sale (POS) solution at this year’s NRF exhibition. The tablet, designed specifically for the retail environment, runs on both Windows 8.1 and Android platforms and can be used as mobile payment and customer service station
