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

Debit Card 83

Debit Card Contactless Payments EMV ATM 83

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

JULY 14, 2020

The coronavirus pandemic has generated more interest in pay-at-the-pump apps, a growing segment of the payments industry that may not have grown fast enough to be ready for the sudden surge of interest in contactless payments.

Contactless Payments 136

Contactless Payments Payments EMV Rules 136

Payments Source

NOVEMBER 19, 2017

With a solution that addresses the unique security, transaction speed and integration requirements of the transit environment, EMV contactless open payments for transit can become a reality and change our public transportation experiences for the better, writes Randy Vanderhoof, director of the U.S. Payments Forum.

EMV 68

EMV Payments Addressing Transactions 68

Payments Source

OCTOBER 13, 2020

EMV specifications body EMVCo has started a pilot program to evaluate consumer mobile devices for contactless payment acceptance, enabling vendors to have smartphones and tablets evaluated for possible use by merchants to accept payments without attached card readers.

Consumer 75

Consumer EMV Contactless Payments Payments 75

PYMNTS

AUGUST 18, 2016

EMVCo announced a new streamlined approach to approving contactless mobile payment-enabled devices that operate with EMV Level 1 approved payment acceptance terminals. EMVCo recognizes that the use of mobile devices to make contactless payments is growing in popularity.

Mobile Payments 40

Mobile Payments Process EMV Interoperability 40

Fintech Finance

JANUARY 15, 2024

Chip, PIN, and contactless payments from all major credit-card companies are accepted, as well as mobile payments, such as Apple Pay, Google Pay, and Samsung Pay. The affordable and lightweight pocket-sized reader offers instant and secure transactions for debit and credit cards.

Mobile Payments 59

Mobile Payments Innovation Product Payment APIs and Integration 59

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

Clearly Payments

OCTOBER 3, 2024

Overview : Ingenico provides innovative payment terminals that support multiple transaction types, including contactless and mobile payments. Overview : Square revolutionized the payment industry with its easy-to-use devices and transparent pricing, catering especially to small and medium-sized businesses.

Credit Cards 88

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

PYMNTS

MARCH 1, 2017

Developments in full-service payment solutions are changing the way companies conduct business by offering faster payment tools for both consumers and merchants. In various markets around the world, new solutions like mobile and contactless payments are starting to become more widely available. About The Tracker.

EMV 43

EMV Compliance Online and Mobile Banking Mobile Payments 43

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. How It Works Businesses use a mobile card reader that connects to a smartphone or tablet.

Credit Cards 96

Credit Cards Payment Gateways Gateways Multi-Currency 96

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

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. But not all merchants want to invest in new payment terminals without mainstream adoption of contactless payments. In the U.S.,

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

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 became a must-have during COVID.

Contactless Payments 88

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

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. That means they can compete more effectively against digital-only competitors. Davis told PYMNTS.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

PYMNTS

DECEMBER 26, 2018

JCB subsidiary CB International has rolled out a new EMV QR code payment service that will allow the cardholder to make contactless payments using a QR Code. In the case of Vietnam, The Verdict reported Sacombank is supporting the mobile payment business. “We

Contactless Payments 63

Contactless Payments Push-to-Card EMV Caps 63

PYMNTS

AUGUST 1, 2017

EMV managing leg EMVCo has shared news of its two new QR code payment offerings, but Mastercard’s Masterpass QR is gaining traction in areas around the world. With this new standard as part of the technology that powers EMV transactions, EMVCo could help push forward QR codes as a viable option. Here are the numbers: $5.5

EMV 45

EMV Push-to-Card Contactless Payments Payments 45

PYMNTS

JULY 19, 2017

Mastercard is expanding its QR-based programs to create greater choice in retail mobile payments. 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

MAY 23, 2016

Creating certainty for the consumer when using mobile payments. The certainty that comes with creating a thick market of merchants and consumers and accounts that work across any mobile device that they happen to own, and can use at the places they routinely shop. What is the “it” that I am talking about?

Mobile Payments 47

Mobile Payments Online and Mobile Banking PayPal Payments 47

PYMNTS

DECEMBER 11, 2019

And next year, PSCU estimates it will distribute more than 3 million new contactless cards to more than 100 CUs. In other data, as the How We Will Pay Study conducted by PYMNTS and Visa shows, interest in contactless payments is on the rise among more than 31 percent of consumers surveyed, versus about 26 percent a year ago.

Credit Union 53

Credit Union Contactless Payments Credit Union Service Organization Debit Card 53

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.

Consumer 80

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

PYMNTS

SEPTEMBER 17, 2020

The big push had been around transitioning everybody to EMV,” he remarked. I see us rapidly adopting more contactless payments or card-on-file interactions within an app.”. “It is not a new concept,” said Vaughn, but adoption has been slow across face-to-face channels as the card issuance was not there previously.

Payment APIs and Integration 101

Payment APIs and Integration Push-to-Card EMV Contactless Payments 101

Stax

SEPTEMBER 12, 2024

Cash is no longer having its moment; card payments are in. From debit and credit cards to Google or Apple Pay, digital, contactless, and mobile payments are on the rise. Learn More What’s a Payment Terminal? Check out our full range of payment terminals here compatible with Stax Pay here.

Payment APIs and Integration 88

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

The Fintech Times

MAY 8, 2024

One month after Kuba introduced open-loop payments across Tuscany’s bus network and Florence’s tramway, mobility payment specialist has hailed the move a success following strong passenger adoption. They don’t have to understand the ticketing system to hop on a bus and travel around cities, or from one city to another.

Payments 59

Payments EMV Contactless Payments Bank Card 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

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. Dejavoo Z8 – The Z8 is similar to the Z11 in that it also supports EMV and NFC technology.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. Understanding what you want is the hardest part.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

The Payments Association

OCTOBER 4, 2024

Fintech startups, blockchain technology, and the rise of decentralised finance (DeFi) are proving to be worth challengers to traditional card-based payment systems. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g.,

Cross-Border Payments 88

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

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?

Payments 88

Payments Credit Cards Non-Bank Contactless Payments 88

PYMNTS

FEBRUARY 20, 2019

These are just some of the ways that merchants and service providers are bringing smartphone payment experiences to shoppers: Approximately six in 10 – 60.5 And retailers are rolling out new ways for consumers to make payments with their mobile phones. percent – of customers were extremely satisfied paying with a smartphone.

Consumer 55

Consumer Payment APIs and Integration Cross-Border Credit Cards 55

Stax

APRIL 18, 2024

Modern POS systems often come with built-in card readers capable of accepting various payment methods, including EMV chip cards, magnetic stripe cards, and contactless payments (NFC). EMV-compliant terminals are essential to process chip card transactions securely, reducing the risk of fraudulent activities.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

AUGUST 8, 2018

“The hardware was unable to support a new payment type when EMV came around. Major retailers would have to integrate into separate acquirer stacks when they wanted to expand online – even if they were working with the same payment company.”. These are campaigns that cost billions.

Point-of-Sale (POS) 60

Point-of-Sale (POS) EMV Contactless Payments Innovation 60

PYMNTS

AUGUST 7, 2017

A merchant who has downloaded the Tap2App can use an NFC-enabled phone to accept payments in three ways. First, users can have a customer tap their EMV chip card directly on the phone. said Lynam, where chip and contactless payments are more widely embraced. The real laggard is the U.S.,” Lynam said.

Point-of-Sale (POS) 40

Point-of-Sale (POS) Chip Cards CHIPS Contactless Payments 40

PYMNTS

JUNE 30, 2016

To discuss how the latest/greatest point-of-sale terminals are, in part, providing a better checkout experience to consumers and how they’re helping to shape the rapidly evolving retail experience, PYMNTS caught up with Jordan McKee, a mobile payments analyst at 451 Research, who leads the firm’s coverage in the space.

EMV 40

EMV Data Breach Breach Point-of-Sale (POS) 40

PYMNTS

MARCH 27, 2017

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. The update reportedly cuts down the average processing time for chip and contactless card payments from 4.2

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

PYMNTS

OCTOBER 30, 2019

In the past year, Visa has helped to launch 60 new transit projects, with current live projects seeing positive adoption with a 40 percent year-over-year rise in contactless transit transactions.

Enrollments 40

Enrollments EMV Contactless Payments Consulting 40

PYMNTS

MAY 23, 2016

indicate that the security concerns of these small merchants are linked to a couple of big things, including their comfort level with payments made using mobile payment technologies. “Some of these SMEs are simply not into that space enough yet to really understand the full impact of [the post-EMV] hit.

Fraud Prevention 43

Fraud Prevention Visa Payment APIs and Integration EMV 43