Welcome to the News View for "Mobile POS".
Here, on these archive pages, you'll find all of the articles on Payments News for Mobile POS listed in date sequence beginning with the most recent article at the top of the page.
Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
ShopKeep POS, an iPad point of sale solution for small businesses, and LevelUp have announced an integrated solution that lets a merchant process mobile payments and build loyalty right from the store's POS system.
With this new integration, merchants can now ring up sales and accept LevelUp payments right from their ShopKeep POS iPad register without switching devices. ShopKeep POS consolidates the LevelUp transactions with all other transaction information into one simple report that can be accessed anywhere. Merchants benefit from LevelUp's 0% payment processing fees, and can participate in loyalty programs to retain customers.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
NCR and PayPal announced an agreement to integrate NCR’s innovative mobile solutions for hospitality and retail with PayPal’s leading digital payment technology. NCR and PayPal will:
NCR’s customer base includes 8 of the 10 fastest-growing Quick Service Restaurants (QSR) and fast casual restaurant chains, 1.2 million retail POS systems and more than 100,000 self-checkout units. PayPal’s global customer base includes 117 million accounts, and has forecasted it will process $10 billion in mobile payment volume in 2012.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Revel Systems announced it has become the first iPad point-of-sale (POS) system to provide EMV compatibility in the United States.
“The industry at large is faced with a major need to reduce credit card fraud and increase security. Revel Systems is the first to anticipate impending changes for industry standards for point-of-sale,” said Revel’s co-founder and CTO Chris Ciabarra. “Integrating directly with EMV readers is the logical next step for us to provide the most innovative technology solutions to our customers and also give them the surest and most secure means to reach EMV certification by the 2016 deadline.”
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
During the fourth-quarter teleconference with analysts, VeriFone announced that it is stepping back from its role as an direct acquirer for SAIL merchants.
Earlier this year, we launched SAIL as a way to bridge the gap between the way our traditional channel partners conduct business and the specific needs of very small micro-merchants. Our experience through 2012 with tens of thousands of these micro-merchants tells us that the standalone economics of micro-merchant acquiring is fundamentally unprofitable and destined to be a negative gross margin business. Customer acquisition costs either through search engines or TV advertising cannot and will never justify the razor-thin margins produced by merchants with infrequent volume and extremely high attrition.The company will continue to market SAIL products through banking partners and ISOs. Digital Transactions has a good story on the strategy shift.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Flint Mobile has announced that its iPhone payments app is now generally available nationwide on the App Store.
"Flint's mission is to empower everyday small business users who are out and about and who are underserved by other solutions," said Greg Goldfarb, co-founder and CEO of Flint Mobile. "We've worked very closely with our beta users to develop a compelling app and are excited to make it available to a broader audience."
Flint is providing camera-based Mobile POS acceptance (no dongle required) with social network integration.
Bank of America Merchant Services has announced the December 3, 2012 release of 'Mobile Pay on Demand', a new solution that turns a client’s smartphone or iPad into a mobile point-of-sale terminal.
“In today’s economic environment, small businesses are looking for secure, easy and portable ways to confidently accept payments beyond cash, and promote their business to a broader customer base,” said Tom Bell, chief executive officer, Bank of America Merchant Services. “With Mobile Pay on Demand, we are making it even easier for small business owners to accept secure payments anywhere. The product is fully integrated with existing Bank of America accounts and services, allowing deposits made into a Bank of America small business checking account to be processed as soon as the next business day.”
BofA customers can find more information about the product and sign up at http://www.bankofamerica.com/mobilepay.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Elavon and payleven, a European mobile payments provider, have announced a partnership to provide mobile card acceptance by small and independent businesses in Europe.
“Elavon is committed to delivering solutions that enhance business opportunities for its customers, of all sizes, helping to make them more efficient and more profitable. payleven’s solution is perfect for the thousands of very small, often mobile, businesses in Europe today. Such businesses have previously not been able to accept card payments easily or cost effectively,” commented Jan Reinink, Head of Business Development in Germany.
The solution is currently running successfully in Germany, Italy, Netherlands, Poland and the UK.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Over on Payments Views, Glenbrook's Elizabeth McQuerry has posted an article entitled, "From Sweden with Love: Mobile Payments and QR Codes". Elizabeth explores the SEQR mobile payment solution from Swedish startup Seamless and compares and contrasts it with some similar systems in the U.S. market.
VeriFone announced an international expansion of the SAIL mobile payments platform with an agreement with Israel’s largest card issuer and acquirer, Isracard Ltd., to distribute SAIL encrypted card readers for iOS and Android devices and to bring smartphone based mobile payments to merchants in Israel.
“This is a step in the international deployment of the SAIL Platform,” said Bulent Ozayaz, VeriFone senior vice president, Southeast Europe & Russia. “As the leading issuer and acquirer in Israel, Isracard is the natural partner to deliver the benefits of SAIL mobile payments to business owners and merchants who can now take advantage of an easy and secure way to accept payments wherever business takes them.”
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
Groupon has announced the launch of Groupon Payments, a new "payments service backed by a guarantee to be the lowest cost option for the company’s merchants to accept credit cards." For any merchant that runs a "deal" with Groupon in the United States, swiped transaction fees are 1.80% plus $0.15 (MasterCard, Visa and Discover) and 3.00% plus $0.15 (American Express). As a quick reference point, Square is at 2.75% for the same basic swipe transaction, PayPal Here is at 2.70%.
More details about Groupon Payments are available at http://www.GrouponWorks.com/Payments. The Groupon Merchants app can be downloaded for free from the iTunes App Store. No details were released about distribution of the audio jack dongle.
Fiserv has announced SpotPay, a mobile card reader solution for financial institution to offer to their small business customers that enables merchants to accept card and check payments anywhere, anytime.
"The ability to pay anyone, anytime, anywhere is revolutionizing commerce as we know it," said David Keenan, general manager, Network Solutions, Fiserv. "Financial institutions are an integral part of this revolution, as they are in a unique and trusted position to ensure the safety and security of these transactions. SpotPay is an innovative tool that helps financial institutions participate in anytime, anywhere commerce while deepening their relationships with businesses of all sizes."
VeriFone has announced the launch of the SAIL Developer Portal, providing application developers with access to tools and APIs that enable them to integrate with the SAIL mobile payment platform.
“SAIL is far more than a mobile payments app,” said Brian Hamilton, VeriFone vice president of SMB Commerce. “VeriFone’s open platform APIs provide independent developers and partners the ability to easily integrate underwriting, payments and settlement into their mobile products and services, often within a matter of days or weeks.”
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
USA Technologies has announced the introduction of 'ePort Mobile', a mobile acceptance solution that gives retailers and other merchants the ability to accept credit and debit cards “on the go” through USAT’s turnkey ePort Connect service platform.
USA Technologies Chairman and CEO, Stephen P. Herbert, commented: “USA Technologies’ leadership position in the industry was predominately built by making it easy for traditionally cash-based businesses to go cashless by offering a seamless, secure and turnkey way to accept cashless payments. ePort Mobile is a natural extension of that value proposition. ePort Mobile customers will be able to benefit from the same high level of service USAT is known for, while having access to all the sales and margin-building benefits a mobile cashless payment system can provide.”
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
On the web:
On the wires:
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.
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