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India's biggest retailer trials digital rupee

/inclusion

India's biggest retailer trials digital rupee

India's CBDC plans have taken a step forward with news that the country's largest retailer, Reliance Retail, has agreed to start accepting digital rupee payments.

Cybercriminals can now block contactless payments

/security

Cybercriminals can now block contactless payments

Prilex, a malware that was used originally to infect ATM’s and then evolved to Point-of-Sales machines has been found by Kaspersky to have modifications which now allow it to block a consumer's ability to make contactless payments, forcing them to put their cards in the machine in a bid to steal Pin codes.

Ingenico and Fujitsu team on palm vein-based payments

/security

Ingenico and Fujitsu team on palm vein-based payments

Fujitsu has joined forces with Ingenico in an effort to bring its palm vein authentication technology for in-store payments into the mainstream.

PopID and Toshiba team on face payments

/payments

PopID and Toshiba team on face payments

Toshiba Global Commerce Solutions is integrating facial verification technology from PopID into its POS and self-service products.

Abu Dhabi Islamic Bank rolls out wearable payments

/payments

Abu Dhabi Islamic Bank rolls out wearable payments

Abu Dhabi Islamic Bank (ADIB) is working with Visa and Tappy Technologies to launch the region's first tokenised contactless payment wearables.

TfL celebrates a decade of contactless payment on London’s buses

/payments

TfL celebrates a decade of contactless payment on London’s buses

Transport for London is celebrating a decade of contactless payments on the city's buses, with more than 2.5 billion journeys made using tap and go.

Italy backtracks on pro-cash plans

/payments

Italy backtracks on pro-cash plans

Italy's government has scrapped plans to let merchants refuse digital payments of less than €60 after pushback from the country's central bank and the EC.

Westpac calls off Tyro Payments acquisition

/payments

Westpac calls off Tyro Payments acquisition

Westpac has pulled the plug on a takeover of Sydney-based Tyro Payments, which has nevertheless rejected a second offer from a Potentia Capital-led consortium.

Walmart fintech unit preps BNPL play

/payments

Walmart fintech unit preps BNPL play

Walmart-backed fintech One is planning to launch a buy now, pay later product, according to CNBC.

Atoa raises $2.2m to take on Visa and Mastercard

/payments

Atoa raises $2.2m to take on Visa and Mastercard

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $2.2 million in a pre-seed funding round.

Visa brings face payments and animated digital cards to World Cup

/payments

Visa brings face payments and animated digital cards to World Cup

Visa is using the upcoming Fifa World Cup to show off some of its new technology, including face payments and instantly-issued prepaid cards with animated art.

Tap to Pay startup Dapio goes live in the UK

/startups

Tap to Pay startup Dapio goes live in the UK

Dapio, a London-based pay-tech turning Android smartphones into card readers without extra hardware, has launched its Tap to Pay app for small businesses and sellers across the UK.

RBC partners Visa to offer cardholders BNPL option

/payments

RBC partners Visa to offer cardholders BNPL option

Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.

Worldline to buy Banco Desio merchant acquiring activities

/payments

Worldline to buy Banco Desio merchant acquiring activities

French payments giant Worldline is boosting its presence in Italy through the acquisition of Banco Desio’s merchant acquiring activities for around EUR100 million.

PayPal and Apple to accept each other's payment products

/payments

PayPal and Apple to accept each other's payment products

PayPal and Apple have struck a deal to start accepting each other's payments products within their separate ecosystems.

Worldline flogs terminal business, acquires 55% stake in SoftPos.eu

/payments

Worldline flogs terminal business, acquires 55% stake in SoftPos.eu

Just weeks after completing the sale of its terminal business to Apollo Funds for €2.3 billion, Worldline has moved to acquire a 55% stake in SoftPos.eu, a Warsaw-based fintech that converts Android devices into secure payment terminals.

Zip launches BNPL card

/payments

Zip launches BNPL card

BNPL firm Zip has partnered WebBank to launch a physical card as it bids to make inroads into in-store shopping.

JCB tests in-store CBDC payments

/crypto

JCB tests in-store CBDC payments

Japanese payments giant JCB is embarking on a central bank digital currency pilot with Tokyo merchants.

Nets and SoftPay get 7-Eleven back on track after ransomware attack

/security

Nets and SoftPay get 7-Eleven back on track after ransomware attack

Nordic payments operator Nets and Softpay equipped all 7-Eleven stores across Denmark with emergency tap-to-pay SoftPOS kit the day after the chain's payments and checkout terminals were knocked out by a cyberattack.

CBA launches app to help charities accept digital donations

/payments

CBA launches app to help charities accept digital donations

Commonwealth Bank of Australia has rolled out an app that enables charities to accept digital, contactless donations.

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