Tagged: pos

Estonia based Fintech Montonio Secures €500,000 in Capital to Further Develop Point of Sales Financing Platform

Estonia-based Fintech firm Montonio has secured €500,000 in capital through a new pre-seed funding round. Charlie Songhurst from Katana Capital and (previously) Google, and Triin Hertmann (former COO at TransferWise) and Martin Sokk (first head of product at TransferWise) took part in the round. Other… Read More

Digital Asset Investors can Stake Qtum, a Top 50 Cryptocurrency, from Mobile, Hardware, Web Wallets, Offline Staking being Tested

Qtum (QTUM), a top 50 cryptocurrency platform with a market cap of more than $238 million at the time of writing (according to CoinGecko), recently published its Q2 2020 report. The team behind Qtum, which leverages Ethereum’s (ETH) smart contract functionality along with the security… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

Blockchain Infrastructure Developer Bison Trails to Add Support for Eth2, a Major System-wide Upgrade to Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, revealed on July 1, 2020 that it will be adding support for Eth2, a major upcoming system-wide upgrade for the Ethereum (ETH) blockchain. Ethereum Version 2.0 (or Eth2) will involve a gradual transition from its current Proof-of-Work (PoW) consensus… Read More

Pundi X Is Making PayPal Available on Blockchain-Based POS Devices

Singapore-based blockchain developer Pundi X announced on Tuesday its blockchain-based point-of-sale device, the XPOS, is now capable of supporting  PayPal (NASDAQ:PYPL). According to Pundi X, the XPOS has been providing scores of brick-and-mortar stores with an alternative payment method to cash by allowing them to… Read More

Contactless Payments: German Fintech Firms CCV Group, Intertrust, Riscure, Rubean to Create Hardware-Free Mobile Point of Sale System

A group of Fintech firms are planning to create a hardware-free mobile point-of-sale (mPOS) system. The mobile-based payments system will process contactless payments made from Android devices. Germany-based Fintech companies CCV Group, Intertrust, Riscure, and Rubean have reportedly been working on the PhonePOS concept, in… Read More

Contactless Payments: Software Firm Phos Partners with Mastercard to Launch Transaction Processing System for Android Mobile Devices

Phos, a software development firm, has introduced a pilot program with payments giant Mastercard, which involves the launch of a new mobile-based solution that will allow merchants to process contactless payments. The new payment option is available on all Android smartphones without requiring any additional… Read More

Cryptic Labs Announces New Partnership With Fractal Platform: Now Seeking to Solve Some Blockchain Fundamental Limitations

Cryptic Labs, a research accelerator primarily focused on solving fundamental problems in security and economics to advance the viability and growth of the blockchain, announced on Tuesday it has formed a partnership with Fractal Platform to provide what it believes is rigorous economic modeling and bespoke research… Read More

Flexiti Receives $80 Million Mezzanine Debt Facility From Credit Suisse Asset Management

Canada-based point-of-sale financing and payment tech provider Flexiti announced on Thursday it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. This news comes just a few months after Flexiti acquired TD Financing Services’ (TDFS), a Canadian private label credit card portfolio. … Read More

Blockchain Startup Pundi X Announces Plans to Bring Cryptocurrencies to Physical Stores in 2018

Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores, announced on Tuesday it is launching three working products before its public token sales on January 21st. According to the company, these POS devices can help the retail store owners to convert crypto to fiat, crypto… Read More

Calgary-Based POS Lender LendingArch Expands into Quebec

LendingArch, a Calgary-based online and point-of-sale lending platform, announced its expansion to Quebec. LendingArch has partnered with medical clinics and home improvement contractors in Quebec to offer POS financing options, enabling LendingArch to become a fourth in-store payment method by applying online to finance products… Read More

Kreditech Announces Online Point-Of-Sales Financing Launch: Reports Beta Phase Integration with Naspers’ E-Payments Division

On Wednesday, consumer finance technology company Kreditech announced the launch of its new business line, Online Point of Sales (POS) Financing. The first client, PayU Global BV, is a payment services provider and the e-payments division of Naspers Ltd., deploys Kreditech’s B2B2C solution. In the… Read More

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