Powa Embarks on New Market with Teller Partnership

Powa Technologies has partnered Teller card payment acquirer, to introduce PowaTag payment technology to Teller’s client base of 94,000 merchants operating in more than 20 European countries.More than 385 global brands including Electrolux, Carrefour and Universal Music have adopted the Powa solution to improve their customers’ purchasing experiences. Powa attracted international attention when it received a world record $96.7 million in a Series A funding round, in recognition of its potential to become a dominant force in the mobile payment solutions sector. PowaTag is being described by many industry experts as a game changer; by combining capabilities which include instant mobile commerce and Bluetooth geo-location, it allows customers to make payments with a click of their smartphones, via printed tags, printed media, billboards and even TV and radio broadcasts.

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Amazon’s Phone Payments

Amazon today unveiled Fire, the first smartphone designed by Amazon. Fire is the only smartphone with Dynamic Perspective and Firefly, two new breakthrough technologies that allow you to see and interact with the world through a whole new lens. Dynamic Perspective uses a new sensor system to respond to the way you hold, view, and move Fire, enabling experiences not possible on other smartphones. Firefly quickly recognizes things in the real world”web and email addresses, phone numbers, QR and bar codes, movies, music, and millions of products, and lets you take action in seconds”all with the simple press of the Firefly button.

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Amazon’s Phone Payments

Amazon today unveiled Fire, the first smartphone designed by Amazon. Fire is the only smartphone with Dynamic Perspective and Firefly, two new breakthrough technologies that allow you to see and interact with the world through a whole new lens. Dynamic Perspective uses a new sensor system to respond to the way you hold, view, and move Fire, enabling experiences not possible on other smartphones. Firefly quickly recognizes things in the real world”web and email addresses, phone numbers, QR and bar codes, movies, music, and millions of products, and lets you take action in seconds”all with the simple press of the Firefly button.

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Contactless Payments

New research shows the number of consumers making contactless payments via their mobile handsets would reach 300 million globally by 2017, up from just over 110 million last year. 
The Juniper Research report found that many markets were being seeded for mobile contactless adoption by accelerated rollout of contactless cards. These rollouts were being accompanied by marked increases in contactless POS (Point of Sale) terminals, with vendors VeriFone and Ingenico both now shipping the majority of their terminals with NFC (Near Field Communications) as standard.

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PAYD PRO

Moneris Solutions Corporation, releases PAYD PRO™, the first and only smartphone-based mobile point-of-sale (“mPOS”) solution in Canada to accept both Interac Debit and credit card payments. PAYD PRO is also the first mPOS product to include EMV® Chip & PIN and contactless payment technology. This revolutionary solution allows merchants to process payments securely, anywhere they do business.

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SimplyTapp Announces Newest Board Member

SimplyTapp Host Card Emulation (HCE) solutions for mobile payments announced Mohammad Khan has been named to its Board of Directors. Mohammad Khan co-founded ViVOtech in 2001, the early leader in contactless and Near Field Communication (NFC) mobile payments. As its President and Board Member, Khan paved the road for mobile payments by shipping more than one million NFC POS terminals to a wide variety of brand name merchants around the world. Khan and the team also ran multiple successful field trials globally for mobile payments, offers, and loyalty programs confirming to the industry that consumers liked using their mobile devices to shop, save and pay at physical stores. Prior to ViVotech, Khan worked at VeriFone for 15 years joining in its infancy days, and contributed in making magnetic stripe and smart cards to be the leading payment medias for the industry globally.

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net mobile Enables Google Mobile Payment

With Telefonica O2 UK and its over 23 million customers, again one of the largest European mobile network operators has placed its confidence in net mobile AG’s (net-m) expertise in the area of mobile payment services. net-m’s unique payment architecture enables the flexible and cost-effective integration of existing pay-interfaces of mobile network operators with Google’s Play Store, one of the leading app stores worldwide.

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VeriFone Announces EMV Payment Terminals

VeriFone Systems, Inc. announced the introduction of two EMV-ready payment terminals from VX Evolution”its latest line of portable and countertop terminals”to the Kingdom of Saudi Arabia market with its partner, International Turnkey Systems Group (ITS), an integrated IT solutions and software services provider. “VeriFone is committed to providing leading edge, certified terminal solutions to meet the needs of our clients in key markets”

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Banco de Credito del Peru Inks Deal with Diebold

Diebold is adding more than 1000 new Opteva automated teller machines (ATMs) to Banco de Credito del Peru’s (BCP’s) fleet to expand Peruvians’ access to BCP’s services. Diebold is also providing maintenance services to ensure greater availability of BCP’s entire multivendor fleet of about 1,800 ATMs. BCP has earned a number of awards for delivering innovative banking solutions to the people of Peru. Diebold’s deposit automation technology adds to the bank’s mission to serve the country’s underbanked, many of whom have very limited access to branches. The technology enables BCP ATM users to make envelope-free cash and check deposits at the ATM, replacing traditional in-branch teller transactions with convenient self-service transactions.

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