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

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 Contactless Payments EMV Payments 75

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 Encryption Online and Mobile Banking 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 Credit Union 43

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 Contactless Payments EMV 108

PYMNTS

JANUARY 24, 2019

The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. In fact, in 2015, ICBA Bancard provided more than $800,000 in financial assistance to help its community bank clients prepare for first-gen EMV. Hip Contactless. Hip Contactless.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

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

PYMNTS

AUGUST 25, 2016

From makeup to jewelry, mobile payments are all about accessorizing going into the fall season. In this roundup, Global Payments is providing Bluetooth technology and mobile payment capabilities to Mary Kay Sales consultants; iZettle, the U.K. Let’s check out mobile fashion week. Mary Kay has 3.5

Mobile Payments 43

Mobile Payments EMV Push-to-Card Payments 43

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

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

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

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

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

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

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

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

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

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

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

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

Payment Savvy

DECEMBER 2, 2022

Luckily, advances in payment technologies have paved the way for an improved experience at checkout, and such fast, secure, and convenient payment methods as near-field communication (NFC) entered the game. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

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 Contactless Payments EMV 101

Payment Savvy

JULY 3, 2024

Contactless Payments : Using NFC (Near Field Communication) and RFID (Radio Frequency Identification) for debit card transactions. Mobile Payments : Includes digital wallets and QR code-based payments. Signature-based Debit Cards : Transactions verified by the customer’s signature.

Debit Card 52

Debit Card Process PCI DSS Processors 52

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

Fintech Labs Insights

OCTOBER 16, 2016

In a statement, the bank’s Deputy Chairman of the Executive Board, Alexander Torbakhov, said, “Apple Pay is driving the popularization of contactless payments in Russia and globally. PayPal ( F11 ) and Vodafone partner for in-store NFC mobile payments. Check out CardFlight’s full EMV report here.

EMV 17

EMV P2P Same Day ACH FinTech 17

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

Clearly Payments

DECEMBER 5, 2023

Smartphones equipped with card readers enabled small businesses and individual entrepreneurs to accept card payments on the go. Contactless payments gained traction, with the introduction of technologies like Near Field Communication (NFC) , allowing users to make payments with a simple tap.

Processors 52

Processors ISOs Payment APIs and Integration Payments 52

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 Contactless Payments EMV Consulting 40

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

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

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

PYMNTS

FEBRUARY 2, 2017

As 2014 became 2015 and 2015 became 2016, Square and Apple were, once again, the SMB payments “it” combo package. Square’s POS system was included a very elegant NFC/EMV chip reader — Apple Pay accepted as part of that package. The unofficial account is that the acquiree wanted more money than the acquirers wanted to spend.

Payments 47

Payments CHIPS Chip Cards Contactless Payments 47

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 Contactless Payments EMV Bank Card 59

PYMNTS

OCTOBER 16, 2018

Worldpay, the payment technology company, announced Tuesday (Oct. 16) that for the first time, contactless payments have become more popular than chip and pin card purchases when paying in-store in the U.K. The Guardian reported that Worldpay said it was the first time it has seen contactless payments surpass chip and pin.

Contactless Payments 73

Contactless Payments CHIPS Payments Debit Card 73

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