NFC

Upgrading a mobile point of sale device developed in the magstripe era to EMV could be a hassle for the merchant and the vendor alike. Or it could be as simple as replacing the battery.

The shift in payments at hospitality businesses such as restaurants is hard enough, but it's made even more challenging by the pace and breadth of the changes.

Samsung, terminal manufacturer Ingenico and Swiss app developer Smartlink are teaming up on an odd premise: Rather than treat wearables as vessels for a mobile wallet, treat those devices as a handful of bills and coins.

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

A broad pilot to test contactless open-loop payments on Singapore's trains and buses will go live March 20, according to local mass-transit authorities and Mastercard, which is sponsoring the initiative.

Mobile payment solution providers and issuers may now use Global to ensure ExpressPay HCE apps are performing in line with Amex’s specifications.

The merchants increasingly have to manage different technology for contactless and card payments, leading to a terminal upgrade.

The battle between banks and Apple Pay in Australia has global implications, but there is a notable rift within the banks' ranks that drives home just who benefits and who suffers by Apple getting its way.

While Apple battles a group of large Australian banks over terms of its mobile payments app, it has entered separate deals with ING Direct and Macquarie.

The mobile device and its embedded technology can make a strong combination to protect user ID, and comply with new European regulations for security.