Point-of-sale

In time for the EMV liability shift, Moneris announced the launch of eight new point-of-sale tools compatible with the chip technology.

Like campaign managers at the end of a long election trail, top payments executives spent the final hours leading up to and shortly after the official EMV liability shift launch supporting the efforts of the past four years and providing the latest details on chip-card migration.

U.K. e-commerce firm Powa Technologies is teaming up with Mexico-based point-of-sale software provider Sophitech to launch a tablet-powered cash-out counter for Mexican businesses.

When Samsung Pay launched in the U.S. on Monday, it did so on schedule but with less issuer support than had been expected, with only Bank of America, Citi, American Express and U.S. Bank announced as participants.

Verifone has entered an agreement to use Barclays' Pingit mobile payment app as part of Verifone's PAYware Ocius mobile gateway. Initially, this deal will support only e-commerce sites but Barclays said the pair may bring the technology to the physical point of sale in a later phase.

Once placed inside of payment cards, computer chips can catalyze uses well beyond merchant security, argues MasterCard's Carlos Cornejo, who adds the card network plans to expand card utility through the mix of chips and tablets.

The boost of wearables also has significant potential to drive mobile payment adoption. This potential is based on the ability of wearables to expand the number of devices and places from which mobile payments can be made.

Square has opened an office in St. Louis, which will serve the mobile point of sale company's clients in the Midwest.

The U.S. restaurant industry is still challenged to fit EMV-chip card payments into an ordering and payment structure built around cash and magstripe cards. The vendor MyCheck sees this uncertainty as an opportunity to win restaurants over to its mobile payment system.

It wasn't long ago that mobile point of sale companies like Shopkeep were the alternative, the way for very small merchants to finally start accepting cards.