Near-Field Communication (NFC)

A little more than two years since introducing its Kiosk product for restaurants, Square has revised the device by making it larger and adding artificial intelligence features to its ordering system. Announced Wednesday, the updated Kiosk moves away from a tablet-like appearance, which relied on the restaurant operator providing an …

Visa Inc. said the People’s Bank of China has approved the global payment network’s Application to Prepare, a step toward the establishment of a domestic bank-card clearing institution in China. Visa’s goal is to establish processing for domestic payments in that country. Euna Solutions, a technology provider for the public sector, …

Visitors to Miami’s Hard Rock Stadium, home field of the NFL’s Miami Dolphins and college football’s University of Miami Hurricanes, are now tapping and dipping their credit and debit cards at Clover Sport point-of-sale terminals. Fiserv Inc., which owns Clover, says 1,020 Clover Station Duo POS terminals and integrated scanners …

The United States is one of, if not the, most credit card-centric market so companies do all they can to meet consumers where they want to interact. That includes mobile wallets, which ConnexPay LLC, a payout specialist, is doing. It’s added virtual card support for mobile wallets, enabling them to …

A federal judge has ruled that a case brought by three financial institutions against Apple Inc. can proceed as a class action. The ruling, issued Wednesday by Judge Jeffrey White of the U.S. District Court for the Northern District of California, certifies the plaintiffs as a class while dismissing Apple’s …

Near-field communication technology that has found its way into almost every credit and debit card could also be used to enable video gamers to pay for new games and movies with a tap of the card against a Sony PlayStation controller, according to a recent patent by the electronics giant. …

Motorola launched its moto watch ultra, the latest version in its line of moto watches. The device includes Google Wallet and NFC capability for payments, among other features. MassPay, a platform enabling businesses to send money to 180 countries, launched MassPay Collect, which allows businesses to receive funds in stablecoins. Diameter …

OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …

Using a debit card as a card-on-file payment accounted for 25% of debit transactions made in the second quarter, says the SoFi Tech Solutions Debit Spend Index. That’s up from 24% in the first quarter, and marks the payment method’s rise past card-not-present debit transactions as the most popular. SoFi …

Datacap Systems Inc. is entering the softPOS arena with its new SureTap point-of-sale application, with which merchants can use their own devices. Any new transactions made with the application will contribute to the other bit of Monday’s POS news. The total value of global POS transactions are forecasted to reach …