PYMNTS

AUGUST 9, 2017

In 2013, Silicon Valley startup Clinkle raised $25 million in funding to build the point-of-sale (POS) system of the future using sound, but the company later changed trajectories, creating more of a Venmo-like product primarily aimed at college students. Innovators in South Korea, France, Israel and the U.K.,

Consumer 80

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

Stax

OCTOBER 21, 2024

Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide. These transactions are usually made with physical credit or debit cards that are swiped or inserted into chip card readers. Don’t believe it? Here are the numbers to prove it. That’s over $10 trillion in transactions.

Credit Cards 88

Credit Cards Process Processors Processing Costs 88

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.

CHIPS 41

CHIPS Chip Cards Push-to-Card Debit Card 41

Clearly Payments

OCTOBER 3, 2024

Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There is a difference between a payment terminal (credit card machine) and a POS.

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

Clearly Payments

OCTOBER 22, 2024

Card Presentation : The customer inserts or taps their card at the point-of-sale (POS) terminal , which may require PIN entry depending on the card type and transaction. However, in some regions, like Europe, credit cards use the chip-and-PIN system, where every transaction requires PIN entry instead of a signature.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

PYMNTS

DECEMBER 7, 2016

6) it has been chosen by Red Roof Inn to deploy a new point-of-sale (POS) system across its over 470 properties. In a press release, Ingenico said, by implementing its iSC Touch 480 smart terminals, Red Roof has transformed its traditional checkout experience with a fast and easy multimedia POS.

EMV 62

EMV Point-of-Sale (POS) CHIPS Encryption 62

Clearly Payments

MARCH 28, 2024

The Different Types of Credit Card Machines Credit card machines, also known as point-of-sale (POS) terminals or card readers, come in various forms to accommodate the diverse needs of merchants. It accepts a wide range of payment methods, including contactless, chip, and magnetic stripe cards.

Credit Cards 104

Credit Cards CHIPS Point-of-Sale (POS) Debit Card 104

PYMNTS

OCTOBER 20, 2016

Connecting and simplifying payments across sales channels through a single integration point, Worldpay Total delivers end-to-end payment processing by combining point-of-sale (POS), integrated payments and acquiring for integrated software vendors (ISVs) and merchants. Worldpay announced Wednesday (Oct.

PCI DSS 69

PCI DSS Payment APIs and Integration ISVS Point-of-Sale (POS) 69

PYMNTS

OCTOBER 22, 2020

s struggles toward universal adoption in the European Union is reminiscent of EMV chip cards’ rise — a similar journey that aimed to solve a different fraud problem. changeover should be easier to make because there isn’t a heavy hardware investment baked in — unlike the switch to chip and PIN cards. Why 3DS 2.0

EMV 88

EMV CHIPS Point-of-Sale (POS) Push-to-Card 88

Clearly Payments

DECEMBER 2, 2024

This involves using a physical point-of-sale (POS) terminal to process card payments. How It Works The customer swipes, inserts, or taps their card on the POS device. Accepts contactless and EMV chip cards , which are more secure than magnetic stripes. Pros Fast and secure transactions.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105

PYMNTS

MARCH 30, 2016

Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems.

EMV 47

EMV Point-of-Sale (POS) CHIPS Cybersecurity 47

FICO

MARCH 7, 2016

Despite colorful wall banners proclaiming “Use your chip!” and instructional, professionally produced signage, I still removed my card from the EMV reader too soon because of confusing messages on the point of sale (POS) terminal. I even fought my instinct to do a fast dip; I had left the card in there.

EMV 65

EMV Mobile Payments CHIPS Point-of-Sale (POS) 65

Fintech News

JULY 3, 2024

It digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale (POS) terminal. Apple Pay is a mobile payment service that allows users to make payments in person, in iOS apps and on the web.

Finance 114

Finance Online and Mobile Banking Micro-Entry Non-Bank 114

PYMNTS

MARCH 4, 2019

” In addition, the company said that users can accept payments fast — in under three seconds for chip cards — and they can key in payments even if they don’t have a signal. Users can also receive deposits as soon as the next business day or instantly “for just an extra 1% per deposit.”

Point-of-Sale (POS) 60

Point-of-Sale (POS) Chip Cards Adjustments CHIPS 60

FICO

MARCH 29, 2017

The rest took place at bank ATMs or point-of-sale (POS) devices, such as card payment machines at retailers. The average duration of a compromise continued to fall — on average, an ATM or POS device would be compromised for 11 days, compared to 14 days in 2015. I think it is, but not the role you’d expect.

ATM 72

ATM Debit Card Compromise Point-of-Sale (POS) 72

PYMNTS

JANUARY 24, 2019

The contactless card opportunity for community banks stems from the expiration of first-generation EMV chip cards, she told Webster. She noted that, ever since EMV chip cards were introduced in the U.S., A contactless card costs roughly a dollar more than a “standard chip card,” Giorgio explained. Let’s break that down a bit.

Community Banks 62

Community Banks EMV Chip Cards Contactless Payments 62

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. JCB Contactless is based on the global chip standard ‘EMV(R),’ offeThe Queens headring a high level of security. JCB International Co., the international operations subsidiary of JCB Co.,

Point-of-Sale (POS) 52

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

The Fintech Times

DECEMBER 19, 2023

Currently, almost 20 per cent of Worldpay from FIS Point-of-Sale (POS) systems in the UK are now equipped to accept JCB contactless payments. JCB Contactless is also based on the global chip standard ‘EMV(R),’ offering a high level of security.

Contactless Payments 64

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

PYMNTS

AUGUST 7, 2017

Instead of a dongle, micromerchants download an app which turns their NFC-enabled phone into a point of sale (POS) system in minutes. The POS is capable of doing business with anyone who has a contactless card or NFC-enabled smartphone. First, users can have a customer tap their EMV chip card directly on the phone.

Point-of-Sale (POS) 40

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

PYMNTS

FEBRUARY 10, 2017

Despite the growing usage of EMV chip card technology to help safeguard payment card data at the point of sale (POS), cybercriminals are turning to devices called “shimmers” to read card numbers and possibly access a card’s chip and obtain the PIN.

Account Takeovers 56

Account Takeovers CHIPS Chip Cards Fraud Detection 56

The Payments Association

OCTOBER 4, 2024

The rise of online shopping, contactless payments, and mobile wallets has increased the number of points where fraud can occur. While technologies like EMV chip cards (chip & pin), tokenisation, and biometrics have been developed to enhance security, fraudsters continue to adapt.

Online and Mobile Banking 88

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

PYMNTS

FEBRUARY 18, 2020

Overseas payments are also free, with online, contactless and chip-and-PIN payments available. The new card was developed to streamline end-to-end processes — point of sale (POS), payments, funds availability. All purchases and balances are monitored through the SumUp App. Aside from the U.K.,

Visa 56

Visa Business Payments Point-of-Sale (POS) Payments 56

Finovate

AUGUST 28, 2024

Givex was founded in 1999 to help businesses launch and manage gift card and e-gift solutions, loyalty programs, point-of-sale (POS) systems, and more. Founded in 1994, Shift4 offers a range of in-person and online payments solutions, including physical point-of-sale, mobile ordering, and contactless payment solutions. .

Acquirers 59

Acquirers Point-of-Sale (POS) Fraud Prevention Contactless Payments 59

Fintech Review

DECEMBER 3, 2024

Point-of-sale (POS) terminals became commonplace, allowing businesses to process payments seamlessly. Despite this, the widespread adoption of chip-and-PIN technology enhanced security. Over time, card networks such as Visa and Mastercard expanded globally.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

PYMNTS

NOVEMBER 27, 2019

The expansion of EMV chip-enabled payment cards has made it more challenging for fraudsters to steal credit card information at the point of sale (POS). Fraudsters, sadly, are also taking notice and are looking to take advantage of heightened retail activity to steal data and goods.

Point-of-Sale (POS) 60

Point-of-Sale (POS) AI Card Issuer Credit Cards 60

PYMNTS

NOVEMBER 9, 2017

8) of the launch of NCR Silver Quantum, an all-in-one point-of-sale (POS) station featuring an integrated payment device that comes equipped with mobile wallet acceptance capability, customer display, a loyalty scanner and a Samsung Galaxy tablet. NCR and Samsung Electronics America announced news on Wednesday (Nov.

Point-of-Sale (POS) 40

Point-of-Sale (POS) CHIPS EMV NOV 40

PYMNTS

APRIL 3, 2018

Ingenico said in an announcement that KFC customers will still be able to pay using all forms of electronic payment, such EMV chip & PIN, EMV chip & sign, magstripe and NFC/contactless. to Ingenico Group ’s Telium Semi-Integrated solution. chief information officer.

Payment Solutions 40

Payment Solutions EMV Point-of-Sale (POS) CHIPS 40

PYMNTS

MARCH 9, 2018

Stripe , the $9 billion payments processing startup, has acquired point-of-sale (POS) software developer Index. Index, which was backed by former Google CEO Eric Schmidt’s venture capital firm Innovation Endeavors, is well-known for its software for PIN pads that is able to read a chip card in under a second.

Point-of-Sale (POS) 43

Point-of-Sale (POS) Chip Cards CHIPS Credit Cards 43

Fintech Finance

JANUARY 15, 2024

Jabil’s custom, pre-certified Point-of-Sale (POS) hardware platform, as well as other retail automation technologies transforming digital commerce, will be on display at NRF’24 (Booth 4375). 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

PYMNTS

DECEMBER 12, 2017

11) that it will stop requiring merchants to collect signatures for purchases at the point of sale (POS). Payments processor American Express announced Monday (Dec. The move will provide a more consistent and speedier in-store checkout experience for merchants and American Express cardholders.

Point-of-Sale (POS) 47

Point-of-Sale (POS) Credit Cards Debit Card EMV 47

PYMNTS

NOVEMBER 12, 2020

The renewed interest in contactless issuance was driven by a number of factors, noted Sievert, including the expiration of the “first wave” of chip cards, which gave issuers an opportunity to upgrade their cards to contactless. The pandemic has heightened consumers’ expectations around all things contactless, said Sievert.

Debit Card 64

Debit Card Point-of-Sale (POS) Issuers Federal Reserve 64

Stax

JANUARY 5, 2024

These are referred to as “card-present” transactions, which basically just means the cardholder and credit card is physically present at the time of sale. For this type of transaction, your best payment terminal option would be a countertop point-of-sale (POS) model.

Credit Cards 88

Credit Cards Debit Card EMV CHIPS 88

PYMNTS

MARCH 7, 2018

TouchBistro, the provider of iPad point-of-sale (POS) software for restaurants, has announced the launch of TouchBistro Payments powered by WePay.

Instant Payments 40

Instant Payments Process Point-of-Sale (POS) Debit Card 40

PYMNTS

NOVEMBER 15, 2018

A survey of 2,800 consumers found that many individuals have the desire to tap and pay, rather than swipe cards at the point of sale (POS). The pump has been primed, in part, as merchants upgraded in the wake of EMV to new terminals that can take transactions via chip cards.

Card Services 71

Card Services Contactless Payments Point-of-Sale (POS) Credit Cards 71

PYMNTS

MAY 2, 2019

Beyond the headline numbers, the company showed continued traction with larger sellers across its traditional point-of-sale (POS) products, and in newer offerings spanning debit cards and lending. Square reported earnings results — and guidance — for its fiscal Q2, sending shares down 5 percent in after-hours trading.

Volume 56

Volume Debit Card Point-of-Sale (POS) Push-to-Card 56

PYMNTS

AUGUST 7, 2018

Ireland -based Worldnet has teamed up with ID TECH to deliver Quickchip in its GoChip point-of-sale (POS) products, the companies said in an announcement. The Quickchip technology seeks to deliver a “one-second” chip card transaction for the consumer and to provide the merchant with greater fraud protection.

Point-of-Sale (POS) 40

Point-of-Sale (POS) CHIPS Chip Cards Transactions 40

Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. To accept mobile payments, businesses need to upgrade their point-of-sale (POS) systems to ones that support NFC or mobile payment apps.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88