Apriva has inked a new strategic technology partnership with POS on Cloud, a provider of cloud-based POS software-as-a-service (SaaS) supporting the restaurant, retail, and service industry verticals.
The Industry Retail Group (IRG) is implementing Bluefin’s PCI-Validated Point-to-Point Encryption (P2PE) Solutions to its clients. Under the agreement, IRG will provide Bluefin’s P2PE product suite through IRG’s current sales channels.
Stage Stores has implemented with Chase Paymentech point-to-point encryption (P2PE) for nearly 900 stores in the U.S. The neighborhood retailer will conduct payment transactions on Ingenico Telium terminals using Chase’s Safetech encryption, powered by Ingenico Group’s On-Guard technology.
The four top U.S. payment networks Gross Dollar Volume (GDV) for credit and debits cards combined for the fourth quarter (Q4/14) will likely rise 6.9% year-on-year (Y/Y) to $1398 billion. Based on current economic and industry metrics, U.S. payment card GDV will approach $1500 billion in Q4/2015.
The Debt Service Ratio (DSR) of American consumers continues to hover in single digits during the third quarter. The slowdown in credit card debt, the migration to more debit card use and very low mortgage rates, are major factors in the DSR decline.
Nine Polish banks will commercially launch Visa cloud-based mobile contactless payment services in the first quarter. Close to 70% of Visa cards in the European market have contactless functionality, with the technology accounting for more than 40% of all Visa payments in Poland.
NJ-based Heartland Payment Systems has become the first processor to offer a comprehensive warranty that protects businesses from payment card breach losses in the event of a breach. Heartland Secure technology materially reduces the opportunity for criminals to monetize AES (Advanced Encryption Standard) encrypted card data.
Verifone’s newest mPOS terminal frees merchants from consumer technology upgrade cycles and adapts to multiple OS options. The new PAYware Mobile e355 is a flexible, long-lasting device that can accommodate different form factors and outlive smartphone and tablet models.
About 650% more retailers will support EMV (Europay, MasterCard and Visa) by October 2015. A new survey suggests while EMV is getting lots of attention,it’s not the Holy Grail in the defense against credit card hackers.
NCR’s newest FastLane SelfServ checkout solutions can be used as a free-standing self-checkout kiosk, installed on a countertop or even mounted on a wall. In a recent study of consumers in nine countries, 90% revealed they use self-checkout technology.
Among the newest Panasonic’s products for 2015 is the Toughpad FZ-R1, the industry’s first*1 7-inch all-in-one mobile POS tablet running Windows 8.1 for retail environments and to meet the changing omni-channel customer expectations while providing secure transaction capabilities.
Cincinnati-based Vantiv has approved Verifone’s Secure Commerce Architecture (SCA) solution for connecting Verifone’s line of commerce-enabled MX 900 payment terminals directly with Vantiv’s class leading processing platform.