PYMNTS

DECEMBER 23, 2016

Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip. The year 2016 saw a sea change in the payments landscape. This led those merchants to significantly accelerate their EMV implementation programs.

CHIPS 53

CHIPS EMV Payments Contactless Payments 53

FICO

JUNE 8, 2017

As new countries such as those in the Nordics embrace contactless payments, people are asking about the impact on fraud. The good news is that contactless doesn’t appear to increase fraud. First-party fraud is one of the most prevalent, growing and insidious forms of fraud in a mature EMV (chip issuance) market.

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Contactless Payments Risk CHIPS EMV 58

PYMNTS

APRIL 2, 2019

In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments. Customers can still insert or swipe their cards or use their digital wallets for payments. “At

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Debit Card Contactless Payments EMV ATM 83

PYMNTS

NOVEMBER 30, 2018

NMI’s Senior VP of Marketing Ingrid Anusic said contactless payment systems open up new streams of revenue, especially for charities. Nicola Masters, director of The Grand Appeal, said that because contactless transactions overtook chip and PIN payments in the U.K., the collaboration made sense. “We

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Contactless Payments Chip Cards CHIPS Card Issuer 59

PYMNTS

DECEMBER 19, 2018

19) that it is supplying Intesa Sanpaolo, the Italian bank, with what it said is the first Mastercard biometric contactless payment card. In a press release , Gemalto said it will test an EMV contactless biometric card for Europe via a pilot program backed by Intesa Sanpaolo and Mastercard.

Contactless Payments 59

Contactless Payments Visa EMV Enrollments 59

The Fintech Times

DECEMBER 19, 2023

JCB International Co has extended its collaboration with global financial technology leader FIS and its merchant solutions business, Worldpay from FIS, to enable ‘JCB Contactless’ for its UK merchants – becoming the largest JCB contactless deployment in the UK to date.

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Contactless Payments Point-of-Sale (POS) Payments EMV 64

PYMNTS

JULY 6, 2018

Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. In terms of geographies, India saw “sustained growth” in card shipments as a transition to EMV takes place. The news comes as the shift to EMV in the U.S.

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Chip Cards CHIPS EMV Contactless Payments 44

PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

Visa 108

Visa Payments EMV Contactless Payments 108

Payments Source

JANUARY 31, 2017

The EMV migration includes support for chip cards and NFC contactless payments, giving banks room to compete in the contactless payments market just in time for wearables to take off.

Issuers 60

Issuers Chip Cards Contactless Payments EMV 60

Payment Savvy

DECEMBER 2, 2022

By only tapping your debit/credit card onto the card terminal, you can accept payments quickly and conveniently. NFC chips which make wireless communication possible, are used in contactless cards, mobile devices, checkout terminals, and other payment devices. How to Accept NFC Mobile Payments?

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

Fintech Finance

SEPTEMBER 18, 2024

This new solution simplifies the process of producing biometric smart cards, making it as seamless and efficient as that of standard dual-interface payment cards. This will lead to a much simpler biometric payment card manufacturing process.

Enrollments 98

Enrollments Push-to-Card CHIPS Contactless Payments 98

PYMNTS

OCTOBER 18, 2018

Mastercard said cardholders will be able to check out faster, and consumers who use contactless payment methods won’t have to worry about providing a signature. The payments company said the innovations provide greater security and a simpler, more convenient payment experience. Based on a survey in the U.S.,

Visa 87

Visa Contactless Payments Authentication EMV 87

Payments Source

MARCH 8, 2017

After two years of development and fundraising, Kerv Wearables says it is launching the Kerv Ring as a contactless payment device using a Mastercard prepaid account and the card brand's EMV chip technology.

Visa 60

Visa EMV Contactless Payments CHIPS 60

Clearly Payments

OCTOBER 3, 2024

However, h ere are some of the most popular credit card machine models in the USA: Ingenico Move 5000 Features : Durable design, fast processing, supports multiple payment types including EMV chip and contactless payments over wireless payments with Wi-Fi, Bluetooth, and 4G/LTE connections.

Credit Cards 88

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 88

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S. In the U.S.,

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

PYMNTS

NOVEMBER 3, 2017

If there is one universal truth in payments, it’s that the easier a process feels to consumers, the more difficult it was to implement on the back end. Such is the case with EMV — the chip that allows customers to pay with a credit card by inserting or “dipping” it into a point-of-sale (POS) card reader instead of swiping the old mag stripe.

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EMV CHIPS Contactless Payments Chip Cards 43

PYMNTS

AUGUST 9, 2017

Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. It’s as encrypted as an EMV chip card, yet can be processed in under two seconds.

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Consumer Chip Cards Point-of-Sale (POS) CHIPS 80

Stax

NOVEMBER 14, 2024

EMV Smart Terminal Physical credit card processing terminals are great for businesses with brick-and-mortar locations to take in-person payments in-store. An important thing to remember is to make sure whatever machine you decide to purchase comes with full EMV and NFC technology enabled.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Clearly Payments

MARCH 22, 2024

Consumers, increasingly tech-savvy and seeking convenience, have readily embraced the swift and seamless nature of mobile payments over traditional methods. 51% of smartphone users in the USA have engaged in contactless payments at least once in 2023. smartphone users had engaged in contactless payments at least once in 2023.

Contactless Payments 101

Contactless Payments Online and Mobile Banking Mobile Payments Payments 101

PYMNTS

MARCH 27, 2017

As card swipes turned to chip insertions across the U.S., Recently, to combat long lines and payments fatigue, financial, merchant service and mobile payment company Square rolled out a firmware update to its chip payment terminals. lines got longer and customers got more frustrated.

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CHIPS Chip Cards Push-to-Card Debit Card 41

Clearly Payments

DECEMBER 2, 2024

Contactless payments , such as tap-to-pay, grew by 25% year-over-year in 2023 , making up a significant portion of in-store card transactions. Accepts contactless and EMV chip cards , which are more secure than magnetic stripes. Studies show that 65% of consumers prefer to use contactless methods when available.

Credit Cards 96

Credit Cards Payment Gateways Gateways Multi-Currency 96

Stax

NOVEMBER 13, 2023

Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

PYMNTS

NOVEMBER 22, 2016

Verifone noted that secure payment and ease of use were two reasons why the German retailer opted to go with Verifone. “We We had many customers using the new device during our first weekend, and we were happy to smoothly and quickly accept contactless payments.

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Chip Cards Contactless Payments EMV CHIPS 69

PYMNTS

OCTOBER 25, 2016

Creditcall, the omnichannel Payment Gateway and EMV Kernel provider, announced the availability of the pre-certified Miura Systems M010 contactless card reader to independent software vendors (ISVs) and system integrators who can now choose from over 30 different device manufacturer and processor combinations.

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PYMNTS

JULY 19, 2017

Once the QR code has been scanned, the online payment will be processed through the Mastercard network using M/Chip technology and the secure EMV infrastructure that retailers already have in place.

Visa 59

Visa CHIPS Chip Cards EMV 59

PYMNTS

NOVEMBER 14, 2018

consumers love the convenience of contactless payments , and we’re excited to start tapping to pay here.”. “All Chase Visa credit cards, including all co-brand cards, will have tap-to-pay functionality by the first half of 2019,” according to the release. Outside the U.S.,

Credit Cards 57

Credit Cards NOV Contactless Payments Card Issuer 57

PYMNTS

APRIL 28, 2016

The shift to EMV in the U.S. is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., With EMV adoption powering ahead in the U.S.,

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EMV CHIPS Chip Cards Contactless Payments 41

PYMNTS

MAY 17, 2017

Not every payment can be made by smartphone (yet), but for those that can’t, technology is still surging forward. EMV chip technology, virtual shopping security and contactless payments are making it easier than ever to spend money. billion | Number of chip cards produced last year.

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CHIPS Chip Cards EMV Contactless Payments 40

Stax

JANUARY 5, 2024

They can also take contactless payments from mobile wallets. It’s the tool customers use to swipe, insert, or tap their cards, transmitting the transaction details to the payment processor for approval. It has a touchscreen display and PIN pad, making it easy for customers to enter their payment information at checkout.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

Clearly Payments

MARCH 28, 2024

It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards. One of the standout features of Clover Flex is its ability to run third-party apps, allowing businesses to customize their payment processing experience according to their specific needs.

Credit Cards 82

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 82

Fintech Finance

DECEMBER 19, 2023

In 2023, almost 20% of Worldpay Point of Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. As part of JCB’s mid-term plan, the next stage will see JCB Contactless enabled across on the remaining 80% of Worldpay terminals across the UK, with full rollout expected to be completed by the end of 2024.

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Point-of-Sale (POS) Contactless Payments EMV CHIPS 52

PYMNTS

MARCH 15, 2017

E la Carte, the maker of the pay-at-the-table Presto System for the full-service restaurant industry, announced Tuesday (March 14) the launch of PrestoPrime EMV Terminal. Combining robust security with a frictionless user experience, PrestoPrime EMV sets the bar as the best tabletop platform available to restaurant operators.”.

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EMV CHIPS Data Breach Contactless Payments 43

The Payments Association

OCTOBER 4, 2024

Cybercriminals are constantly innovating, targeting vulnerabilities in payment systems to carry out unauthorised transactions, identity theft, and data breaches. The rise of online shopping, contactless payments, and mobile wallets has increased the number of points where fraud can occur.

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Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

PYMNTS

MAY 1, 2018

With the biometric card, consumers can have a secure experience at any EMV terminal either by contact or contactless payment. When shopping and paying in-store, the biometric card works like any other card at EMV card terminals globally.

Enrollments 47

Enrollments Visa EMV Issuers 47

PYMNTS

JUNE 16, 2020

By combining rPETG with essential non-plastic components like the EMV chip, the card is around 98 percent made using recyclable materials, depending on the final card design each user ends up going with. The card will work for both contact and contactless payments, according to the release.

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Payments Source

NOVEMBER 14, 2018

has committed to roll out contactless chip cards for all new and replacement payment cards, which will likely spark a mass movement, if the experience of other global markets is any guide. JPMorgan Chase & Co.

Chip Cards 83

Chip Cards CHIPS Payments Credit Cards 83

Stax

FEBRUARY 28, 2024

TL;DR A payment terminal enables a merchant to take chip card and contactless payments. There are a variety of payment terminal brands on the market, but the place to start is by looking at the payment terminals your payment processing provider supports. Why do merchants need a payment terminal?

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Payments Credit Cards Non-Bank Contactless Payments 88