Eftpos

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US judge orders Apple to face Apple Pay antitrust suit

/payments

US judge orders Apple to face Apple Pay antitrust suit

A US judge has told Apple it must face an antitrust class-action lawsuit from card issuers accusing the firm of preventing competition to its Apple Pay wallet.

Square outage leaves sellers unable to process payments

/payments

Square outage leaves sellers unable to process payments

Square is suffering a major systems outage that has left sellers unable to access their accounts or process payments for more than 12 hours.

JP Morgan offers merchants Tap to Pay on iPhone

/payments

JP Morgan offers merchants Tap to Pay on iPhone

JP Morgan is rolling out support for Apple's Tap to Pay to its US merchant clients, with beauty giant Sephora the first retailer out of the gate.

SumUp scoops $100 million credit facility for roll out of cash advance product

/payments

SumUp scoops $100 million credit facility for roll out of cash advance product

London-based unicorn SumUp has picked up a $100 million credit facility from Victory Park Capital to drive the launch of a cash advance product for UK and European merchants.

Nexi acquires 30% stake in Computop

/payments

Nexi acquires 30% stake in Computop

Italian paytech Nexi has acquired a 30% stake in German payments processor Computop for an undisclosed sum.

Block sues Visa and Mastercard over interchange fees

/payments

Block sues Visa and Mastercard over interchange fees

Block is suing Mastercard and Visa over the interchange and other fees imposed by the duopoly on the Square payments platform.

Egyptian payments startup Flash picks up $6 million seed investment

/startups

Egyptian payments startup Flash picks up $6 million seed investment

Flash, an Egyptian startup offering cashless transactions to businesses via QR Codes, has closed a $6 million seed funding round.

Bank-backed Irish payments app faces more delays

/payments

Bank-backed Irish payments app faces more delays

Synch Payments, the mobile payments joint venture set up by Ireland's leading banks, will not launch until at least next year after being told it needs approval under EU rules.

Open banking payments startup Atoa raises $6.5m

/payments

Open banking payments startup Atoa raises $6.5m

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $6.5 million in seed funding round led by Peter Thiel-backed Valar Ventures.

The Netherlands gets nationwide contactless public transport payments system

/payments

The Netherlands gets nationwide contactless public transport payments system

The Netherlands has become the first country to launch a fully contactless public transport payments system nationwide.

JP Morgan launches Payment Partner Network

/payments

JP Morgan launches Payment Partner Network

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank's merchants and corporate treasury clients to tap into an ecosystem of third party integrations for their end-to-end payments and working capital needs.

Digital euro could smoothly integrate into payments landscape - Nexi

/payments

Digital euro could smoothly integrate into payments landscape - Nexi

A digital euro could be smoothly integrated into the existing European payments landscape while leaving ample scope for innovative features and technologies, testing from the ECB and Italian outfit Nexi has shown.

CaixaBank launches app to turn phones into POS devices

/payments

CaixaBank launches app to turn phones into POS devices

Spain's CaixaBank has built an app that lets merchants take payments, view account history, generate receipts and handle refunds from their phone, all without the need for additional hardware.

Amazon One rolls out age verification so you can buy beer with just your palm

/payments

Amazon One rolls out age verification so you can buy beer with just your palm

Amazon has added age verification capabilities to its palm reading technology, enabling eligible shoppers to buy alcohol with a wave of their hand - without having to dig into their wallets for ID.

Mollie launches payment terminal

/payments

Mollie launches payment terminal

European payments fintech Mollie is boosting its in-person capabilities with the launch of a POS terminal.

NatWest soft launches SoftPOS

/payments

NatWest soft launches SoftPOS

NatWest is to launch Tap to Pay on Android, enabling businesses to accept payments with the touch of a card on their smart phone.

Westpac rolls out Apple's Tap to Pay on iPhone

/payments

Westpac rolls out Apple's Tap to Pay on iPhone

Westpac has rolled out Tap to Pay on iPhone, enabling merchant customers to accept payment with just a touch of a card on their iOS device.

Citi builds embedded payments suite with POS instalment loans and lines of credit

/payments

Citi builds embedded payments suite with POS instalment loans and lines of credit

Citi Retail Services is boosting its embedded payments capabilities by enabling merchants to offer lines of credit and instalment loans at the point of sale.

NCR POS business Aloha hit by ransomware attack

/security

NCR POS business Aloha hit by ransomware attack

NCR has been hit by a ransomware attack afflicting its Aloha POS system for the hospitality industry.

Soft Space raises largest Series B by a Malaysian startup

/payments

Soft Space raises largest Series B by a Malaysian startup

Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base.

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