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.
KWI cloud solutions launched its contactless Apple Pay digital wallet for its KWI Cloud 9 Mobile POS platform. This includes the addition of the VeriFone PAYware Mobile e315 and e335 sleds to KWI’s product offering which supports the Chip & Pin/ EMV retail industry’s requirement for later this year. KWI continues to be the industry leader with 60+ specialty retailers running the KWI Cloud 9 Mobile platform. “Our acquisition of the source code and the associated patent licenses in January, 2014 from Verifone has enabled KWI to quickly roll out new enhancements providing our clients with an early-to-market advantages in delivering a world-class customer experience”, states Sam Kliger, Founder and CEO, KWI. The KWI Cloud 9 Mobile platform is available for use with the Apple iPad, iPad Mini,or iPod Touch and is designed, developed and delivered wholly by KWI.
A trio of payment firms have teamed to offer a more flexible and convenient way for small- and mid-sized businesses (SMBs) to pay their vendors. Comdata, Behalf and MasterCard says their collaboration will help SMBs to improve their cash flow and extend payment terms.
NYC-based Brightbox is powering this week’s NRF with its new Brightbox Mark3 mobile charging platform. Users simply swipe a credit/debit or complimentary card to open an available station chamber, plug in their mobile device, close the chamber and return later to swipe the same card to retrieve their charged phone.
Wincor Nixdorf is offering updates to four of its products that are used by retailers to automate their point of sale, streamline back office activities, and provide consumers with a seamless omnichannel shopping experience.
Global PCI DSS policy templates containing literally hundreds of high-quality, professionally developed security documents for helping ensure comprehensive PCI DSS compliance & certification are now available for instant download.
The decline in the U.S. bank credit card charge-off ratio will likely bottom in the fourth quarter, dipping below the 3.00% mark for the first time since the first quarter 1995, but then heading higher throughout 2015. On a weighted basis charge-offs should come in around 3.01%, while the unweighted ratio should slide to 2.96% for the fourth quarter.
While the annual rate of increase in U.S. revolving credit has been slowing during all of 2014, there was a slight uptick in November. Consumer revolving credit expanded by $500 million in November, representing a 7.5% annual increase.
Europe is now the world’s third largest region by B2C E-Commerce sales, following North America and Asia. While non-cash payment methods, especially credit cards, dominate in the Western sub-region, cash on delivery and various alternative methods are most used in Eastern European countries but, the potential for mobile payments growth is real..