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Amex loses out at POS
After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge in February found that AmEx’s rules on the matter were anticompetitive; a separate court this week denied the company’s request to keep the rules in [...]
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First Data launches Clover Mini POS
First Data has launched a tablet-based mini POS system dubbed Clover Mini. Aimed at small businesses, the Clover Mini is a small POS system that is aimed at competing with Poynt, former Google Wallet lead Osama Bedier’s recently launched point-of-sale. The Mini will accept NFC-based payments from mobile wallets like Apple Pay, Android Pay and even [...]
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Verifone to offer mPOS with payworks
Verifone, a global provider of payment and commerce enablement technology and services, has partnered with payworks to offer mPOS. The two companies provide a joint product package based on Verifone’s E Series of terminal devices, enabling acquirers and network service providers (NSPs) to offer their retail merchants an easy-to-integrate mPOS solution. This solution is available [...]
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Miura raises $16m in VC round
Miura Systems has closed a $16m fundraising round, led by London-based investmend syndicate, DFJ Esprit Secondaries (DFJES). The company has sold off a minority stake to speed-up growth in a VC round that included participation from various DFJES funds. “This transaction provides not only additional capital to support our ambitious growth plans but also additional [...]
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Ericsson And VeriFone Mobile Money announce global partnership
Ericsson has partnered with VeriFone Mobile Money, a retail enablement software suite that will be integrated with Ericsson Wallet Platform to expand payment options, including in emerging markets. The global partnership agreement will make it possible for Ericsson’s customers to offer a range of contactless near field communication (NFC) and tap-and-pay services at POS. Commenting on [...]
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