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Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT is a new security key management standard that was approved as an American National Standard in October 2017 by the Accredited Standards Committee X9 (ASC X9). It incorporates the AES cryptographic algorithm [...]

The post PAYMENT INDUSTRY HISTORY WITH FIRST AES DUKPT KEY appeared first on Payments Cards & Mobile.

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Visa says that Visa Checkout has surpassed one million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in just a few clicks on any device across the internet with some of the world’s top merchants. The popularity of Visa Checkout has been bolstered [...]

The post VISA CHECKOUT HITS ONE MILLION ENROLLED UK CONSUMERS appeared first on Payments Cards & Mobile.

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At the last Build 2018, Microsoft announced that it will add its mobile payment and digital wallet service, Microsoft Pay, to Microsoft Outlook. The new Microsoft Pay integration will allow users to make payments for invoices or bills received via email right from their inbox. This means that users will no longer be redirected to [...]

The post MICROSOFT PAY BEING LAUNCHED IN OUTLOOK appeared first on Payments Cards & Mobile.

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eBay and PayPal have confirmed the signing of a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. This new agreement builds on the payments partnership between the companies to make PayPal available as a payment option on eBay’s new intermediated payments model. “PayPal has been a great partner [...]

The post EBAY AND PAYPAL FINALISE NEW PAYMENTS AGREEMENT appeared first on Payments Cards & Mobile.

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Verifone Systems and Francisco Partners, a leading technology-focused private equity firm, have announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners and including British Columbia Investment Management Corporation (BCI) will acquire Verifone for $23.04 per share in cash. This represents a total consideration of approximately $3.4 [...]

The post VERIFONE TO BE ACQUIRED BY FRANCISCO PARTNERS FOR $3.4 BILLION appeared first on Payments Cards & Mobile.

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