Customers who pay using NFC mobile payments are more likely to leave a tip, according to a survey by mobile POS provider Square. 73% of customers tipped when using NFC mobile payments compared to 71% who tipped using EMV and 67% who paid using magnetic stripe cards at the point of sale. More
mPOS
Square offers weekly payment plan for contactless readers
Square’s contactless chip reader can now be paid for in instalments of US$1 per week for 60 weeks... More
UK food chain opens cash-free stores
Customers of UK healthy eating chain Tossed will only be able to pay for their orders using a chip card, contactless card or an NFC mobile payment app such as Apple Pay at the two new food outlets the company is opening in London this week. More
Square “betting big on NFC”
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
Square drops contactless for Australia launch
Mobile POS provider Square has launched in Australia, enabling retailers across the country to accept credit and debit card payments using their mobile phones... More
India’s Freecharge wallet signs another mPOS network
Indian closed-loop mobile wallet provider FreeCharge has partnered with mobile point of sale provider Ezetap to let its users make in-store mobile payments at “thousands of Ezetap service points consisting of small and mid-sized retailers across India”... More
FreeCharge takes mobile payments to ePaisa network
Mobile wallet provider FreeCharge has partnered with mPOS company ePaisa to offer its services to “thousands” of retailers across India... More
Visa claims 10% stake in Square trading shares
Visa has revealed it has a 9.99% stake of Class A shares in mobile POS provider Square... More
Payleven raises $10m for mPOS growth
European mobile point of sale specialist Payleven has closed a US$10m Series D funding round, bringing the total raised to date to $51m... More
Apple begins selling Square contactless reader
Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online... More
Square rolls out first contactless readers
Mobile POS provider Square is rolling out the first of its $49 contactless readers to 100 US businesses, allowing them to accept chip cards, contactless and NFC payments including Apple Pay... More
Amazon to discontinue mPos device
Amazon is to discontinue the credit card reader offering it debuted last year... More
SumUp expands to US
European mPos provider SumUp has launched in the US and has started taking pre-orders for a new EMV contactless card terminal for US$99... More
Square to go public
Mobile POS provider Square has filed for an initial public offering following reports that the company was planning to do so in July 2015... More
SumUp expands to Sweden
European mPOS company SumUp has launched its mobile card acceptance solution in Sweden, expanding its footprint to 14 countries including Germany, the UK and Brazil... More
Square to begin shipping NFC mPOS in December
Mobile POS provider Square will begin shipping its EMV and contactless chip card reader in December 2015... More
MyECheck offers QR mobile payments
Electronic check technology provider MyECheck has launched a mobile payments service that will let consumers make payments by scanning QR codes... More
PayAnywhere reader supports Apple Pay
Credit card processor North American Bancard has introduced a new version of its PayAnywhere mobile credit card reader, which accepts Apple Pay, contactless NFC payments and magnetic stripe credit cards... More
SumUp raises €10m in funding
European mPOS company SumUp has announced €10m (US$11.2m) in funding from investors including BBVA Ventures and Groupon, taking the company’s funding total to €50m... More
Ezetap raises $24m for mPOS expansion
Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device... More