“Samsung’s NFC phone-based contactless payments acceptance service is now live in Canada and is to be introduced globally “starting in 2020”, the company has announced. The rollout of the new mPOS service follows the successful completion of a pilot in Canada that saw more than 10,000 merchants downloading a Samsung POS app that let them accept Visa , Mastercard and Interac contactless payments on their Samsung Android phone — with no dongles or other hardware add-ons required.”

“ToneTag’s technology involves transmitting data encrypted from one device to another using sound waves. It doesn’t require any particular hardware and can be done through smartphones, feature phones, PoS (Point of Sale) devices, EDC (Electronic Data Capture) devices and also by ToneTag’s retail pod, among others. One has to simply program a device with ToneTag’s software and the transactions are completed when the two devices are in close proximity to each other.”

“Fiserv Inc. unit First Data said it plans to introduce its SoftPOS technology — developed with Visa and Samsung Electronics — that allows smartphones and tablets to accept contactless payments without the addition of new hardware, according to a press release.  The SoftPOS will allow merchants to accept payments on the devices using near-field communication-enabled technology embedded inside wearables, smartphones, key fobs or other devices.”

“Malayan Banking Bhd (Maybank) today launched its latest Tap2Phone payment solution for small businesses and is aiming over 10,000 device acceptance points within the next 12 months, says senior executive vice president Datuk Hamirullah Boorhan.According to him, the payment solution will add an additional RM350 million in the value of merchants transactions, on top of the RM60 billion in current transactions.   Read more at https://www.thestar.com.my/business/business-news/2019/07/03/maybank-aims-10000-device-acceptance-for-tap2phone/#fQ80WFV1ycBe2kDA.99″

“Apriva, LLC, a technology company providing an adaptive platform for secure mobile communications and omnichannel payments, and AveriGo, LLC, a software solutions provider for the vending and food/beverage service industries, today announced a disruptive new technology for launching micro markets without upfront equipment, network, or software costs. This mobile-first solution allows vending operators to launch new micro markets in a matter of hours and profitably deploy even at small locations.”