Point-of-sale

Stockholm-based mobile wallet provider Seamless Distribution AB is seeking beta testers for a new digital cash register service that would become part of its SEQR wallet application.

Young people have a much different relationship with credit, requiring retailers to find different ways to enable financing to encourage larger purchases.

CaixaBank’s is managing smartphone hardware challenges for its new mobile payment app by adopting host card emulation (HCE).

London-based mobile point of sale provider SumUp has received 10 million euros [$11.2 million U.S.] in funding from investors, including American Express, Groupon and BBVA Ventures.

The Debit Network Alliance last week officially launched its shared application identifier (AID) for EMV debit routing, but merchants likely won't be in any rush to implement the technology despite the fast-approaching Oct. 1 liability shift.

Following its massive 2013 data breach, Target vowed to accelerate its EMV-chip card migration, but the retailer still just barely made the card networks' deadline.

Wireless transactions provider Apriva and payment technology services company Global Payments have teamed up to release a white-label EMV mobile payment offering.

Customer loyalty provider Clutch has forged an agreement with POS on Cloud, a point of sale software company, to provide restaurant and retail gift card, loyalty, and customer intelligence for businesses.

As part of the transition to EMV-chip cards in the U.S., some issuers are adding PIN security to cards that used to require only a signature. But as technology advances, the PIN may not provide as much security as consumers believe.

Point of sale software developer Amber Systems Technologies has integrated EMV-chip card processing into its Vigore POS restaurant management system.

The small merchants that turn to Square for their card acceptance needs are also among the most reluctant to swap out their hardware for devices that can handle EMV-chip cards, so Square is putting into play a strategy that banks have long used to get consumers on board with new technology.

Rather than compete head-on with Square, Intuit is crafting a strategy of providing software that complements Square's offerings for merchants that have more complex needs.

In the heavily competitive mobile payments market, the fastest way to lose is to pin all hopes on one vendor. Rite Aid learned this lesson the hard way as a participant in the Merchant Customer Exchange, a multi-retailer mobile payments initiative that demanded exclusivity from its partners.

First Data and TruBeacon have been selected to provide point of sale technology and business-management software for Scooter's Coffee, an Omaha, Neb., chain.

The issues tied to its MoneyPak reload cards continue to plague Green Dot Corp., despite the prepaid card issuer's decision to discontinue the product back in 2014.

The mobile point of sale market already seems overcrowded, but what's out there now is just a taste of what's to come, according to 451 Research.

The problem with basing a mobile point of sale system on Apple products is the merchant invariably pays Apple prices. E-Nabler aims to demonstrate that the same capabilities can be had on Android tablets and smartphones for at least half the price.

As more point of sale terminals include connections to the Internet and customers' mobile devices, payment companies may need to consider themselves in an "Internet of Things" environment — with all of the risks that implies.

NCR has launched a new tablet-based point-of-sale device aimed at minimizing security risks for the merchants that use it.

New merchant technology is rapidly hitting the Australian payments market, putting acquirers on the spot to address the changes or risk losing relationships.