POS – NFCW https://www.nfcw.com B2B news, analysis and educational resources on the latest trends and technologies in payments, transit ticketing, NFC and contactless, and beyond Wed, 18 Sep 2019 15:39:38 +0000 en-US hourly 1 https://wordpress.org/?v=5.2.3 https://www.nfcw.com/wp-content/uploads/2019/07/cropped-nfcw-favicon-white-001-32x32.png POS – NFCW https://www.nfcw.com 32 32 37289602 Revolut lets customers pre-authenticate their contactless card as they approach the SCA transaction limit https://www.nfcw.com/2019/09/18/364410/revolut-lets-customers-pre-authenticate-their-contactless-card-as-they-approach-the-sca-transaction-limit/ Wed, 18 Sep 2019 15:07:20 +0000 https://www.nfcw.com/?p=64410 UK-based neobank Revolut has implemented a Strong Customer Authentication (SCA) system that lets customers use their mobile banking app to authenticate their contactless card as they get close to reaching the new contactless transaction limit, avoiding the risk of having their card declined when they next attempt to make an in-store purchase. “From 14 September, […]

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Monzo to use app notifications to address Strong Customer Authentication communications issues https://www.nfcw.com/2019/09/17/364398/monzo-to-use-app-notifications-to-address-strong-customer-authentication-communications-issues/ Tue, 17 Sep 2019 12:55:23 +0000 https://www.nfcw.com/?p=64398 UK-based neobank Monzo is to use app notifications to provide customers who have a contactless card transaction declined due to new Strong Customer Authentication (SCA) requirements with the information needed for them to successfully complete their transaction. SCA forms part of the EU’s revised Payment Services Directive II (PSD2). It officially came into force across […]

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Amazon to pilot biometric payments in Whole Foods stores? https://www.nfcw.com/2019/09/04/364264/amazon-to-pilot-biometric-payments-in-whole-foods-stores/ Wed, 04 Sep 2019 11:18:21 +0000 https://www.nfcw.com/?p=64264 A biometric payments system that uses the shape of a shopper’s hand to identify them at the point of sale (POS) is currently being tested by Amazon employees ahead of a planned pilot at “a handful” of Whole Foods supermarkets early next year, the New York Post reports. “Employees at Amazon’s New York offices are […]

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EMVCo to support eight-digit Issuer Identification Numbers from 2021 https://www.nfcw.com/2019/08/15/363915/emvco-to-support-eight-digit-issuer-identification-numbers-from-2021/ Thu, 15 Aug 2019 12:53:23 +0000 https://www.nfcw.com/?p=63915 EMVCo is to add support for eight-digit Issuer Identification Numbers (IINs) in 2021, with the result that “point of sale terminals may need to be updated to ensure they recognise and have the ability to process both existing and longer IINs, or transactions may be terminated or processed incorrectly”. “Merchants using IINs for additional services […]

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Samsung lets Canadian merchants accept contactless payments on Galaxy smartphones https://www.nfcw.com/2019/08/06/363766/samsung-lets-canadian-merchants-accept-contactless-payments-on-galaxy-smartphones/ Tue, 06 Aug 2019 11:12:50 +0000 https://www.nfcw.com/?p=63766 “Samsung has quietly launched the Samsung Pay Touch app to target small businesses in Canada. The app transforms compatible Galaxy smartphones into POS (point of sale) terminals that can accept contactless payments from customers… The biggest advantage of Samsung Pay Touch is that it doesn’t require any additional hardware to set up. As long as […]

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LG Pay goes live in the US with NFC and mag stripe mobile payments https://www.nfcw.com/2019/07/17/363552/lg-pay-goes-live-in-the-us-with-nfc-and-mag-stripe-mobile-payments/ Wed, 17 Jul 2019 12:49:11 +0000 https://www.nfcw.com/?p=63552 LG has launched its LG Pay mobile payments service in the US, enabling owners of its G8 ThinQ smartphone to make payments via NFC in stores equipped with a contactless POS terminal — and in stores with a magnetic stripe terminal using Wireless Magnetic Communication (WMC). WMC enables phones to generate wireless magnetic data pulses […]

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Swish pilots Bluetooth boxes for mobile payments in Swedish stores https://www.nfcw.com/2019/07/04/363437/swish-pilots-bluetooth-boxes-for-mobile-payments-in-swedish-stores/ Thu, 04 Jul 2019 14:37:54 +0000 https://www.nfcw.com/?p=63437 Swedish P2P and online payments app Swish is moving into in-store payments with a pilot test of a Bluetooth box that can be added to merchants’ existing POS terminals to deliver “an NFC-like ‘tap and pay’ experience”. “Swish and Nets’ new solution for in-store payments is scalable and enables a quick and convenient check-out,” says […]

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POS terminals that support 23 different QR, contactless and NFC payments services roll out in Singapore https://www.nfcw.com/2019/07/02/363406/pos-terminals-that-support-23-different-qr-contactless-and-nfc-payments-services-roll-out-in-singapore/ Tue, 02 Jul 2019 11:40:45 +0000 https://www.nfcw.com/?p=63406 “The solution, provided by Nets, unifies payments from 23 providers, so dining customers can use different cashless payment options at a single payment terminal at a food outlet. This also saves hawkers the hassle of dealing with multiple e-payment firms. These include e-wallets like Singtel Dash and GrabPay, transport cards EZ-Link and Nets FlashPay, and […]

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US Payments Forum sets out best practices for growing contactless payments adoption https://www.nfcw.com/2019/06/24/363172/us-payments-forum-sets-out-best-practices-for-growing-contactless-payments-adoption/ Mon, 24 Jun 2019 12:21:01 +0000 https://www.nfcw.com/?p=63172 Customer and cashier education, experience and communication at the point of sale (POS) are all key factors that need to be addressed to boost contactless payments adoption in the US and overcome the currently fragmented experience, according to the US Payments Forum. Its Consumer Experience at the Contactless Point-of-Sale white paper, published this month, sets […]

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Visa rolls out ‘sensory branding’ to a million points of sale in 25 countries https://www.nfcw.com/2019/06/18/363070/visa-rolls-out-sensory-branding-to-a-million-points-of-sale-in-25-countries/ Tue, 18 Jun 2019 12:41:06 +0000 https://www.nfcw.com/?p=63070 “Visa today announced that its sensory branding suite is live at more than one million points of sale in 25 countries. The suite is comprised of sound, animation and haptic vibration brand cues that occur with a Visa payment transaction.”

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