Posts tagged as: EMV

Square Ships Card Reader with EMV, NFC Support

Square has revealed its updated mobile card reader with support for contactless payments and transactions from mobile payment platforms. The new reader is an NFC-equipped device that supports Apple Pay, Android Pay, and other similar payment platforms, as well as allowing retailers to offer payment via credit and debit cards equipped with ‘Chip and PIN’ […]

MasterCard Shows Work on Contactless Payment Card

On Friday, Ajay Bhalla, President of Enterprise Security Solutions at MasterCard, said that consumers should be able to identify themselves without having to use PIN numbers and passwords. Biometric authentication is expected to be the key technology for this type of security, which is what the company is using in its partnership with Zwipe. While […]

Best Buy, Walmart Will Not Support Apple Pay

Two major US retailers — Best Buy and Walmart — have announced that they will not support Apple Pay, according to the Wall Street Journal. The companies are instead said to be backing a payment service operated by Merchant Customer Exchange. The MCX technology requires only an app download, and is platform-agnostic, supporting older iPhones […]

Square Planning EMV Chip Update for More Secure Mobile Credit Card Payments

Square today unveiled a new version of their card reader that is designed to work with the EMV chipped credit cards. EMV credit cards are a mainstay around the world and just starting to make headway in the United States (including a fraud liability deadline for businessses coming up in October 2015), and the new […]

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