POS Terminals

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Feature: Is it all change for interchange?

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

Illegal card surcharging still prevalent in UK

21 Jan 19 @ 13:17

In the UK customers are still paying hundreds of pounds as retailers are illegally surcharging for card payments at POS. Credit and debit card surcharging was banned in January 2018,... read more

Fiserv and First Data agree $22 billion merger

16 Jan 19 @ 15:19

Fiserv and First Data Corporation announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The... read more

Visa and Mastercard left out in cold as Chinese Central Bank refuses to process application

14 Jan 19 @ 09:36

After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more

2019 – the 12 biggest threats to payments security

11 Jan 19 @ 16:18

In payments, consumers ask a lot in terms of convenience, speed and, above all, security. This puts the pressure on the industry to offer a pain-free consumer experience that is... read more

HP Launches new POS system with PayPal

11 Jan 19 @ 09:43

HP has announced a new all-in-one POS system partnership, expanding its SMB offerings, with PayPal to utilise its payment processing services. The company has not targeted the SMB market in the... read more

Strong growth in card acceptance fuelled by consumer demand and government campaigns

08 Jan 19 @ 13:11

The number of merchant outlets accepting card payments worldwide grew by 13% throughout 2017 to reach 69.2 million at the end of the year. The two least developed regions in... read more

Ingenico complete JV with BS PAYONE in Germany

08 Jan 19 @ 09:17

Ingenico and Deutscher Sparkassenverlag (DSV), have announced the finalisation of the combination of BS PAYONE, a Sparkassen-Finanzgruppe subsidiary, with Ingenico Retail assets in DACH (Germany, Austria, Switzerland) following the approval... read more

European retail sector suffers as currency pressures hamper emerging market spending

12 Dec 18 @ 08:39

Shopping activity among Asia-Pacific (APAC) visitors to Europe weakened in Q3 2018 as currency pressures across the region diminished the spending power of APAC tourists – usually some of the... read more

First Data and China CITIC Bank International launch new merchant acquiring solutions

12 Dec 18 @ 08:23

First Data and Hong Kong-based China CITIC Bank International (CNCBI), have announced a partnership with the launch of a comprehensive range of merchant acquiring solutions including POS terminals, e-commerce solutions... read more

Mobile commerce now accounts for one quarter of spending

11 Dec 18 @ 14:13

As online shopping continues to grow, especially through mobile commerce, the UK now has the lowest proportion of high street spending in Europe. According to new research by Mastercard, just... read more

European Commission close in on interchange fees deal with card networks

04 Dec 18 @ 16:46

Visa and Mastercard have offered to cut merchant interchange fees for non-EU credit and debit cards by at least 40% to end an EU antitrust investigation, part of a decades-long... read more

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Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more

Swedish court orders Google to pay Klarna-owned PriceRunner

07 Jul 26 @ 19:13

Google has been ordered to pay approximately $1.97 billion in damages to PriceRunner, the price comparison platform owned by Klarna, following a landmark compet... more