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POS/mPOS and online acquiring
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454

Jack Dorsey: Square Will Go Further With Bitcoin Than Buy/Sell Option

Jack Dorsey, CEO of San Francisco-based payment service Square, revealed the company’s plans to focus on developing increased options for Bitcoin (BTC) use in a conference call Tuesday, Feb. 27 with Market Watch. (more…)

Analytics, Blockchain, Hotnews, POS/mPOS and online acquiring

March 1, 2018

372

Square’s bets beyond a register brought in $253M last year as it posts a largely positive fourth quarter

By Matthew Lynley,

Square posted a largely successful fourth quarter that showed continuing growth with its Cash App — with users spending around $90 million on its Cash card in December, putting it on a potentially $1 billion run rate. (more…)

Fintech news, Hotnews, POS/mPOS and online acquiring

February 28, 2018

779

Square joins bitcoin revolution; SpherePay to launch own-brand cryptocurrency

Square is joining the growing list of tech firms entering the crypto-trading markets, enabling nearly all users to buy and sell bitcoins across its Cash payments app. (more…)

Cryptocurrencies, Fintech news, POS/mPOS and online acquiring

February 2, 2018

694

Payments startup iZettle raises $47M, reportedly at a $950M valuation

By Ingrid Lunden for Techcrunch

iZettle — the payments startup based out of Stockholm that competes against companies like SquarePaypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million), money that CEO and co-founder Jacob de Geer told TechCrunch would be used to expand into more markets beyond the 12 where it currently operates in Europe and Latin America. (more…)

POS/mPOS and online acquiring

December 13, 2017

Ingenico acquires Taiwan’s Airlink

Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, today announced the acquisition of Airlink, a leading value added reseller in Taiwan. (more…)

Deals, Global trends, InspirAsia, POS/mPOS and online acquiring

December 8, 2017

596

Revel Secures $17M Growth Equity Investment

Revel, a Minneapolis, Minn.–based health engagement company, secured a $17m growth equity investment. (more…)

Fintech news, Global trends, POS/mPOS and online acquiring

November 30, 2017

783

BancoEstado and SumUp to launch mobile card acceptance in Chile

by SumUp

SumUp, the leading financial technology provider, and BancoEstado de Chile, the largest national bank of Chile, today announce the launch of a joint venture offering mobile card acceptance to small businesses. (more…)

Banks, Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

November 22, 2017

SumUP signs first US ISO partner

By SumUp

NXGEN, a tech company that delivers state of the art payment solutions to merchants globally, announces its newest partnership with SumUp, Europe’s leading financial technology company that is set to become the first ever global card acceptance brand. (more…)

POS/mPOS and online acquiring

September 20, 2017

516

iZettle raises $36M from Europe, earmarked for AI and other new tech

By Ingrid Lunden for Techcrunch

iZettle, the startup based out of Sweden that competes against the likes of Square and PayPal to provide card transaction services from smartphones and tablets, is adding a little more money to its coffers today, specifically to ramp up in emerging technologies like artificial intelligence. The company announced it has received €30 million ($36 million) funding from the European Investment Bank, the lending arm of the European Union. (more…)

POS/mPOS and online acquiring

September 20, 2017

743

IZettle rolls out invoice service in the UK

By IZettle

iZettle empowers small businesses to grow, helping them accept card and cash payments and manage their business operations, in addition to providing services such as small business funding. (more…)

Deals, Fintech news, Global trends, Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

September 15, 2017

873

Square applies for bank status

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs). (more…)

Global trends, Hotnews, Mobile payments/banking, Payment processors/providers/gateways, POS/mPOS and online acquiring

September 8, 2017

1028

IZettle eyes IPO

Having doubled revenues and slashed losses last year, Swedish mPOS outfit iZettle says that it is preparing for a potential IPO. (more…)

Fintech news, Hotnews, InspirAsia, Payment processors/providers/gateways, POS/mPOS and online acquiring

July 10, 2017

973

Stripe inks global partnerships with China’s Alipay, WeChat Pay

By Anna Irrera for Deal Street Asia

Silicon Valley startup Stripe has partnered with digital payment providers Alipay and WeChat Pay to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers. (more…)

Cashless, Deals, Global trends, Hotnews, InspirAsia, Payment processors/providers/gateways, POS/mPOS and online acquiring

July 10, 2017

1043

IZettle launches order-and-pay app for independent cafes

By Izettle

Intelligentpos by iZettle, the leading provider of EPOS to the hospitality and retail industry, today launches Order & Pay, a mobile app that lets customers pre-order and pay for products prior to collection. (more…)

Mobile payments/banking, POS/mPOS and online acquiring

May 25, 2017

1057

CardFlight ships new mPOS readers

By CardFlight

CardFlight, a mobile point of sale (POS) provider, is launching the Swift B200 and Swift B250, a new series of mobile cards readers utilizing Bluetooth Low Energy connectivity to enable merchants nationwide to accept secure EMV and NFC contactless payments on Android and iOS devices. (more…)

POS/mPOS and online acquiring

May 5, 2017

884

Square reports $462 million in Q1 2017 revenue, gross payment volume of $13.6 billion

By Ken Yeung for Venture Beat

Square’s ($SQ) first quarter 2017 earnings are out, revealing that it generated total net revenue of $462 million, a 22 percent annual increase and an earnings per share loss of $0.04. It continues to see its gross payment volume increase, coming in at $13.6 billion — a 33 percent year-over-year increase, but a drop from last quarter’s $13.7 billion. (more…)

Fintech news, Hotnews, Influences FinTech, POS/mPOS and online acquiring

May 4, 2017

833

Square reportedly seeks to buy social app Yik Yak

By John Adams for PS

Square is in talks to acquire Yik Yak, which operates location-based anonymous social network popular among college campuses, reports CNBC. (more…)

Deals, p2p-payments, Payment processors/providers/gateways, POS/mPOS and online acquiring

April 5, 2017

1279

CommBank hails Albert POS terminal

Commonwealth Bank of Australia says that its decision to move into the point-of-sale hardware market two years ago has proved a success, with more than 75,000 terminals operating across the country. (more…)

Banks, POS/mPOS and online acquiring

April 3, 2017

1001

Indonesia’s Pawoon app for small businesses raises series A

By Nadine Freischlad for Tech in Asia, 

Pawoon, one of the point-of-sales startups targeting Indonesia’s millions of small and medium businesses, has raised a series A round of funding. (more…)

Fintech news, POS/mPOS and online acquiring, SME

March 21, 2017

1060

Payments software for businesses gets funding from VC arm of Indonesia’s largest bank

By  for TechInAsia

Indonesian startup Moka announced today it’s raised a $2m round of financing led by Mandiri Capital. Existing investors Convergence Ventures, East Ventures, Fenox, and Northstar Group also participated. (more…)

Deals, Fintech news, Indonesia, POS/mPOS and online acquiring

February 16, 2017

1444

Grab is buying Indonesian payment firm Kudo in its first major acquisition

By  for TechCrunch

Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in its first major acquisition. (more…)

Deals, Fintech news, Indonesia, InspirAsia, Mobile payments/banking, POS/mPOS and online acquiring

February 14, 2017

988

Square launches dedicated point-of-sale app and service for retail merchants

By  for VentureBeat

Square has always wanted to be a part of the success of small businesses, but as a growing public company, it needs to develop products that will cater to bigger clients. Today, the commerce company announced it is launching dedicated tools for retailers to help manage inventory in multiple locations and across unlimited employees, all through the Square experience. (more…)

Fintech news, POS/mPOS and online acquiring, SME

February 8, 2017

998

Klarna agrees £60 million deal to acquire Wonga’s BillPay

By Finextra

Fast-growing Swedish payments startup Klarna has acquired Germany’s BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga. (more…)

Deals, Fintech news, p2p/online lending, POS/mPOS and online acquiring, SME

February 6, 2017

1227

Square to save sellers $350 in processing fees if they use Apple Pay

By  for VentureBeat

Square wants to encourage more usage of Apple Pay, and to do so, it’s cutting some of its fees. The cuts will save businesses up to $350 so they can process more than $12,000 in payments through the mobile payment technology — but only for a limited time. (more…)

Fintech news, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 31, 2017

1074

‘Unified commerce’ can drive user payment experience and merchant sales

By Melissa Gonzalez for PaymentsSource

The payments ecosystem is vast and the complexity is only heightening, but with the right integration of hardware and software solutions providers can empower retailers to not only improve in-store experiences but enhance data collection and the ability to analyze customer behaviors.

(more…)

Analytics, Marketing Report, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 29, 2017

1010

iZettle raises $63M more at a $500M valuation to expand from mobile payments

By  for TechCrunch

The world of mobile payments continues to consolidate and mature, and today one of the leading players among European mobile payments startups has raised a significant round of money to help keep itself on top. (more…)

Deals, Fintech news, POS/mPOS and online acquiring

January 11, 2017

1837

Mobile Payments: The Merchants Dilemma

By Arnab Sengupta for Finextra

Where we are today

Things have not really caught up since the launch of Apple Pay and the subsequent introduction of Samsung Pay in the market. (more…)

About, Analytics, Mobile payments/banking, POS/mPOS and online acquiring

December 27, 2016

1028

Fed’s debit pressure on Visa a welcome move for competition

By Lyle Beckwith for PaymentsSource

The Federal Reserve and Federal Trade Commission recently proved there is a cop on the beat ensuring that the debit reforms passed by Congress are followed. (more…)

Fintech news, Government activities, Payment systems, POS/mPOS and online acquiring

December 23, 2016

Appetize Raises over $20m in Funding

By FinSMEs

appetize

Appetize, a Playa Vista, California-based point-of-sale platform, raised over $20m in funding.

The round was led by Shamrock Capital Advisors with participation from Oak View Group and current investors. In conjunction with the funding, Andy Howard and Alan Resnikoff of Shamrock Partners joined Appetize’s board while Oak View Group’s Tim Leiweke will become a board observer. (more…)

Deals, Fintech news, POS/mPOS and online acquiring, SME

December 21, 2016

2164

6 fintech startups from Asia that excited us in 2016

By  for TechInAsia

Fintech is going strong in Asia as the year draws to a close. According to the Pulse of Fintech Q3 2016 report by global audit and advisory firm KPMG, venture capital funding in Asian financial technology companies increased, reaching US$1.2 billion – outpacing even the US, where VC investment totaled US$0.9 billion. (more…)

About, AI / Machine Learning / Big Data, China, eWallets, Fintech news, India, Japan, p2p/online lending, Payment processors/providers/gateways, Philippines, POS/mPOS and online acquiring, Remittances, Singapore

December 17, 2016