Enabling Technologies

News Aggregation VeriFone NFC, PayTM mobile first eTail, Paypal next, NFC baked-in Payment News

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Payment News for today:

1. Telecompaper - VeriFone deploys NFC multimedia payment devices at GNC

VeriFone Systems has been selected by GNC as a partner in its payment network upgrade. GNC is a specialty retailer of health, wellness and sports nutrition products. GNC will deploy VeriFone's NFC-enabled multimedia payment device, at more than 3100 of its US retail locations. The payment device will also enable GNC to launch future services such as EMV payments and point of sale customer marketing.

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2. Iamwire - Paytm to foray into online retail via mobile app

One97 Communications, a New Delhi based mobile internet company will soon foray into online retail via a mobile market app, reports ET. The company plans to go live by the month’s end, offering apparel for men, women and kids; home decor deals and accessories. The new launch will replace the company’s existing Paytm app with the mobile market app, while retaining the name.

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3. Qrcodepress - Mobile payments get a boost from PayPal

Last year, PayPal made mobile payments news headlines with its announcement of Beacon as it promised to help to enhance the overall location based experience for brick and mortar stores and their shoppers, and now it is making them again by expanding their efforts for online transactions as a whole.

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4. Zdnet - Web steps closer to baking-in support for NFC payments and data swapping

The web is steadily gaining new features as it moves from being an online library of documents to a platform for computing. The latest technology getting ready to be added to the web is support for the short-range wireless communication standard Near Field Communication (NFC), which allows data to be transferred between NFC-enabled devices about 1cm or so apart.

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MEDICI Team

MEDICI

MEDICI Team is a group of content writers, bloggers, journalists, researchers, and editors from the MEDICI team who collaborate to create FinTech insights.

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