Indian mPOS provider Ezetap raises $23 million in funding round

The company's current investors, Social Capital, Helion Advisors, and Berggruen Holdings are joined in this round by Horizons Ventures, the private investment arm for Li Ka-Shing, and the Capricorn Investment Group.

 

Small businesses lag in EMV preparedness

Wells Fargo study finds just 31 percent of the merchants it surveyed have POS terminals to accept chip cards.

 

Nearly half of smart cards shipped bound for US, China

Of 2.1 billion cards shipped, 903 million will end up in the wallets of Chinese and American cardholders, an ABI study finds.

 

There's still time to hit CONNECT 2015: An industry event not to miss

Don't miss an opportunity to hear from experts, retail and restaurant leaders on everything from mobile payment to technology innovation.

 

Visa tests new mobile wallet service in India

Starting in September, mVisa will be available to 20,000 merchants in the greater Bangalore region.

 

Study: US generates 21 pct. of card volume, 48 pct. of card fraud

The Nilson report attributes lopsided US statistics to the fact that the nation has not yet moved to EMV, and predicts that loss totals will only go higher.

 

New API lets CUs quickly add online, mobile features

The program will allow CUs to integrate the new mobile and online features directly into their existing mobile and virtual channels.

 

Mobeam releases Android SDK

The license will be offered free to developers for an initial period of 120 days with extensions available on a case-by-case basis.

 

Prepaid provider CashStar closes $15 million funding round

This financing brings the total capital raised by CashStar to $50 million.

 

Mobile Embrace acquires Vizmond Media to bolster mobile marketing

The deal is with worth $2.5 million plus potential contingent consideration of up to a further $3.5 million over three years.

 

Payleven links prepaid debit with mPOS offering

The provider has teamed with Visa to enable Brazilian merchants to receive their funds from mPOS transactions directly to an account associated with the card.

 

Flint Mobile enhances iOS app for better Passbook integration

New upgrades include SMS-delivered receipts and coupons that can be imported into Apple Wallet (currently known as Passbook).

 

Vivotech founder joins mobile wallet developer's board

Mohammad Khan has been named chairman of YellowPepper's board.

 

Vodafone links with Powa for mobile top-ups via QR code

All customers will have to do is download the app, scan the PowaTag in a magazine or other advertisement, and choose their top-up value.

 

Samsung Pay coming to Europe

A partnership with MasterCard will make it possible for European card issuers to add their products to the service.

 

Study: Grocers find success with mobile apps

A three-year research report indicates a mobile app can be a big boost for sales and customer engagement.

 

Virtual Piggy adds more functionality to Oink P2P mobile app

The Neon release of the app provides increased visibility and control of potential funders of the youth wallet.

 

Centili signs direct carrier billing deal with major MNOs in Pakistan

The company will work with Mobilink, Telenor, Zong, Ufone, and Warid, which have a combined 136 million subscribers.

 

Study: Digital, mobile payments gain ground with US consumers

In a survey of 1,000 shoppers and payment processes in the past year, 93 percent used cash, 68 percent used debit cards and checks, 67 percent used credit cards and 62 percent used PayPal for payments.

 

Citibank brings MasterPass to India

The bank and MasterCard claim that the digital wallet, which is accepted worldwide at 250,000 online retailers as a checkout option, is the first of its kind available in India.

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