Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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US becomes Visa's largest chip card market but the switch to EMV has been far from plain sailing

US becomes Visa's largest chip card market but the switch to EMV has been far from plain sailing | Payments 2.0 | Scoop.it
A year after the official launch of chip payment technology in the US, Visa is claiming steady progress, with the country already its largest EMV car
Therese Torris's insight:
Rocky transition
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iZettle launches FREE mobile payment Chip & PIN reader

iZettle launches FREE mobile payment Chip & PIN reader | Payments 2.0 | Scoop.it
Swedish mPOS firm iZettle is introducing the world's first free-of-charge Chip & PIN reader for merchant customers across Europe.
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Intuit launches chip and PIN mobile card reader in the UK

Intuit launches chip and PIN mobile card reader in the UK | Payments 2.0 | Scoop.it
Wading into a crowded UK market, Intuit has launched its app and chip and PIN dongle system for turning mobile phones into card payment terminals.
Therese Torris's insight:

"Crowded" market, not yet, there is so much at stake it's understandable many want to play...

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Payleven Signs Berlin Taxis for trial of Chip & Pin Mobile Card Readers

Payleven Signs Berlin Taxis for trial of Chip & Pin Mobile Card Readers | Payments 2.0 | Scoop.it
Square has Starbucks and now Square-clone Payleven, which is backed by Germany's Rocket Internet incubator/investor, has signed up Berlin taxi association -- Taxiverband Berlin (TVB) -- to trial its Chip and PIN payment dongle.

Via smartfinserv
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Mobile payment iZettle's global rollout has started! - #chip&pin mobile card reader

Mobile payment iZettle's global rollout has started! - #chip&pin mobile card reader | Payments 2.0 | Scoop.it
Finextra: Swedish mPOS vendor iZettle has commenced the global roll-out of a new hardware dongle for small businesses that integrates both Chip & PIN and contactless payments, and includes out-of-the-box support for Apple Pay.
Therese Torris's insight:

Yipee!

In spite of raising 5 times more money ($591M), Square failed to expand internationally and come up with a chip&pin solution. iZettle raised $114M so far.

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Obama signs chip and PIN executive order

Obama signs chip and PIN executive order | Payments 2.0 | Scoop.it
US president Barack Obama has signed an executive order mandating the use of chip and PIN technology at executive departments and agencies for card payments.
Therese Torris's insight:

I remember very well my fellow analysts from the US at Gartner Group and later Forrester Research arguing that chip and pin was an unnecessary European complexity that Americains had no use for! There was no way at the time to convince them they had NIH syndrom. Now, very late, chip & pin is coming to the US.

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More details on PayPal's mobile chip & pin card reader to launch in the UK this summer [VIDEO]

More details on PayPal's mobile chip & pin card reader to launch in the UK this summer [VIDEO] | Payments 2.0 | Scoop.it

Ingrid Lunden fromTechCrunch interviewed Cameron McLean, MD of PayPal in the UK ; "We are launching Here this summer but will expand to other markets as we go forward,” [...]

 

"The chip-and-pin card reader will work using Bluetooth connectivity to pair with a merchant’s smartphone to read and then process the card number and PIN code. "

Therese Torris's insight:

Check the video.

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