Tagged: contactless payments

Mobile Payments Fintech PayByCar Finalizes $4M Seed Round

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PayByCar, Inc., the mobile payments Fintech responsible for offering pay-by-text payments at gas stations across Massachusetts, has confirmed the completion of a $4 million seed round of funding. Anand Raman, President, and co-founder of PayByCar, stated: “Following a string of successes since our 2020 pre-seed… Read More

Fintech Adyen to Provide Tap to Pay on iPhone to Clients Later in 2022

iPhone X Money Dollars Antique

  Adyen (AMS: ADYEN), the international Fintech platform of choice for major businesses, is working with Apple to provide Tap to Pay on iPhone for its US clients later in 2022. The solution “allows Adyen’s U.S. customers to use their iPhones to accept contactless payments,… Read More

Fintech Firm Dapio Secures $3.4M to Turn Phones into POS Devices

Money Pound iPhone

Dapio, a UK-based firm that assists businesses with accepting contactless payments via their Android devices, has acquires $3.4 million in capital via a round that was co-led by payments firm Flutterwave and Techstars. Dapio, previously known as Paymob, aims to transform Android phones into payment… Read More

Blackhawk Network Teams Up with LOC Software to Give Clients Touch-Free Mobile Payments Option

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With the growth of virtual payments making a huge impact on how consumers shop and pay, payments specialist Blackhawk Network and retail software company LOC Software announced a partnership to offer touch-free mobile payment technologies to retailers. With these contactless payment options, Blackhawk Network and… Read More

Mastercard Teams Up with Massmart to Connect Small Businesses with Cost-Effective E-Commerce Solutions

Mastercard Credit Cards

Mastercard (NYSE: MA) recently joined forces with retail group Massmart in order to connect Small, Medium and Micro-Enterprises (SMMEs) to cost-effective e-commerce solutions, “enabling a safe transition away from cash.” During the latter half of last year- following the period of social unrest – SMMEs… Read More

Qlub, a Payments Fintech for Restaurants, Secures $17M via Seed Round

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Qlub, a company creating a fast payment solution for consumers in restaurants, has secured $17 million via a seed round. Qlub’s investment round has been co-led by Cherry Ventures and Point Nine along with contributions from other several VCs such as STV, Raed Ventures, Heartcore,… Read More

UniCredit Teams Up with Nexi to Provide Merchants SoftPOS-enabled Payment Acceptance Solution

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SoftPOS is an app created by Nexi, which is one of Europe’s Paytech firms operating in high growth markets and technologically-advanced economies. SoftPOS has been introduced for the business customers of UniCredit Bank. With SoftPOS, users are able to provide the option of card payment… Read More

Fintech Monzo Explains How their App Lets You Set Contactless Payments Limits to Suit Your Preferences

Monzo Premium 04

Fintech firm Monzo notes that you can now choose to set your contactless spending limits “to levels you’re comfortable with.” Or you may choose to turn contactless off completely if you want to, the team at Monzo writes in a blog post. In October 2021,… Read More

UnionPay International Continues to Focus on Supporting Contactless Payments Adoption in Southeast Asia

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UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment tech that’s powered by SoftPOS provider, Soft Space. The SoftPOS solution will reportedly be launched in Malaysia and it’s expected to create various market opportunities for UPI to expand… Read More

European Fintech bunq Reveals How to Make Quick and Safe Contactless Payments via their Platform

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European digital bank bunq has shared quick and safe ways to make contactless payments via their platform. According to bunq, gone are the days when you were required to carry physical payments cards with you everywhere, because now, most of the time, just your phone… Read More

UK’s Pret Foundation Partners with Contactless Giving Week to Support Cashless Fundraising to Help the Homeless

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The Pret Foundation has teamed up with Contactless Giving Week this December in order to raise awareness and support cashless fundraising for their ongoing work towards breaking the cycle of homelessness. Earlier in 2021, more than 40 Pret shops had been fitted with GoodBox contactless… Read More

Walmart Canada Introduces Interac Debit Payments for Digital Commerce Shopping via Walmart.ca and Walmart Mobile App

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Walmart Canada and Interac Corp. have announced that they have teamed up to provide  Walmart Canada clients the option to make payments with Interac Debit via Walmart.ca and in-app. As of December 8, 2021, Walmart Canada clients are able to check out using Interac Debit… Read More

Contactless Payments: TransLink, Interac Corp., Cubic Transportation Systems to Integrate Interac Debit Option

New York City Subway Metro Transit Travel

TransLink clients should soon be able to use Interac Debit to “hop on transit.” As mentioned in the announcement, TransLink, Interac Corp., and Cubic Transportation Systems are working cooperatively to “integrate Interac Debit onto the system to give customers more contactless payment options.” By the… Read More

Canada: Interac Debit Contactless Payments Now Being Accepted on UP Express via Pilot led by Metrolinx

Canada

Interac Debit is now accepted as a contactless payment option on UP Express via a pilot led by Metrolinx on the PRESTO fare payment system. This option will allow UP Express riders to buy their transit fare by simply tapping their physical Interac debit card… Read More

Digital Payments Fintech Clik2pay Extends Product Offering with Flexible QR Code Feature

QR Code Fintech Insider

Payment service provider Clik2pay introduced its latest product capability at the Telecommunications Risk Management Association of Canada (TRMA Canada) Conference, which was held in Toronto. Building on the established Clik2pay service, which enables consumers to make secure payments directly via their banking accounts, this capability… Read More

Contactless is King, Even With Risks: Worldpay

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The convenience of contactless payments is outweighing consumers’ perceived security concerns, according to the latest Generation Pay research by Worldpay from FIS. Contactless payments have increased over the past year, with 55 per cent of all UK credit and debit transactions being made via contactless… Read More

Digital Transformation: UK Fintech Modulr Explains how Contactless Payments have Evolved Over the Years

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Over the years, technology has transformed the way we experience the world in ways that “few could have imagined,” the team at UK-based Fintech Modulr writes in a blog post. They’ve noted that technological advancements have consistently offered us faster and more convenient ways of… Read More

UK’s Digital Bank Monzo to Allow Contactless Payments up to £100, to Enhance User Experience

Monzo Premium 04

The team at UK-based digital bank Monzo notes that beginning on October 14, 2021, they have  increased the limit for contactless card payments “from £45 to £100.” So the Fintech firm’s clients can carry out single payments of “up to £100” using their contactless Monzo… Read More

UK based Digital Banking Platform Starling Explains How to Set Your Own Contactless Payments Limit

Starling Bank on Mobile Phone

The team at UK’s digital bank Starling notes that they always want their clients to be in control of their funds. That’s why they are introducing a feature that allows customers to set their own limit for contactless payments made with their debit cards, “up… Read More

United Becomes First Airline to Offer PayPal QR Codes as Inflight Payment Method

Travel Plane Flight Seats Row

United and PayPal (NASDAQ: PYPL) revealed that they’ve introduced a new way to carry out touch-free inflight purchases, even in areas that don’t have Wi-Fi. Starting next month, United clients on select flights may simply show a flight attendant the PayPal QR Code in the… Read More

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