With an annual U.S. retail POS market of almost $4 trillion up for grabs, the stakes are extremely high. But slow adoption, lack of merchant enthusiasm, fragmented offerings, and blocking by competitors has resulted in stalled growth for mobile wallets. Today, Javelin Strategy & Research released the firm’s Mobile Wallet Game Changers: A Glimpse into
PayPal has announced PayPal Beacon, a new technology for merchants that will enable consumers to pay at many of their favorite stores completely hands-free. It will reinvent today’s in-store shopping experience by making it simpler, faster and richer for consumers, while providing retailers with more ways to differentiate themselves from their competitors. “PayPal Beacon opens
VeriFone Systems, Inc. launched GlobalBay Merchant, a new point of sale software platform and support infrastructure designed to help ISOs and acquirers providetablet POS solutions to small and medium businesses (SMBs). GlobalBay Merchant is an extension of the VeriFone GlobalBay line of software already in use by a number of sophisticated, highly integrated retail organizations. Currently
NCR Corporation the global leader in consumer transaction technologies, announced that Boston Market Corporation has started deployment of the NCR RealPOS™ 72XRT in all of its over 460 locations. The powerful, scalable and reliable high-performance point-of-sale (POS) technology allows Boston Market long-term reliability, due to its rugged construction and processing power. RealPOS 72XRT continues NCR’s leadership
MasterCard and Blue Label Telecoms Limited (Blue Label) today announced a partnership that will see 22,000 small traders and rural shops in South Africa equipped with Point of Sale (POS) devices, enabling them to accept card payments for the first time. Blue Label currently provides thousands of POS terminals in South Africa, which are used
NCR Corporation the global leader in consumer transaction technologies, announced that Trinity Groves has implemented NCR Aloha POS as a Service (POSaaS) program in its Dallas-area restaurants. POSaaS is a subscription-based program with no-contract period and a predictable monthly fee. Trinity Groves is a newly created mixed-use development project which will initially consist of approximately 125,000
Dansk Supermarked A/S, the leading food retailer in Denmark, has signed an exclusive framework agreement with Wincor Nixdorf. As part of this three-year agreement, Wincor Nixdorf will successively deliver and install over 300 reverse vending machines by the end of 2015. This order further extends the long-term cooperation between Dansk Supermarked and Wincor Nixdorf, which
VeriFone Systems, Inc. announced the launch of VeriFone Point, a payment-as-a-service solution that simplifies the complexities of payment for the company’s direct merchant customers and channel partners in the U.S. The growing burden of PCI compliance, EMV migration, and the emergence of mobile wallets and value-added service options is requiring merchants and service providers—such as ISVs, acquirers
In line with its commitment to enhance the electronic payment card acceptance infrastructure in Morocco, MasterCard today announced the appointment of M2M SPS, a leading provider of secure e-transaction processing solutions as its Principal Member in Morocco. As a new Principal Member of MasterCard, M2M SPS will be enabling its customers to leverage MasterCard’s acquiring
Square, a point-of-sale company which developed credit card readers for the iPhone, iPad, and Android devices, has hired Gokul Rajaram, who was most recently the Product Director of Ads at Facebook, where he drove product development and execution for Facebook’s advertising products. As Square’s Product Engineering Lead, Rajaram will lead software development for Square Register, a
