Contactless Smart Cards, RFID, Payment, Transit and Security

Hang Seng Bank selects VeriFone for contactless solutions

Wednesday, March 5, 2008

VeriFone has been selected by Hang Seng Bank of Hong Kong to provide contactless payment solutions in support of the enJoy Card roll out. The Hang Seng enJoy Card is a co-branded credit card with retailer Jardine Matheson and the first credit card in Hong Kong to use the Visa payWave contactless payment technology, enabling cardholders to make fast and secure payments.

VeriFone will supply the EMV-certified QX110 contactless reader and NURIT payment systems for use at merchant sites in the Jardine Matheson Group. There are also several other merchants participating in the co-branded card. [end] 

VeriFone Systems has revealed a new counter top payment terminal that accepts magnetic stripe, EMV chip, contactless card and NFC mobile transactions.

According to VeriFone, the “H5000” is designed to succeed the Artema Hybrid terminal from Hypercom, which Verifone acquired in August. The device features one card reader slot that accommodates all card types - EMV chip, contactless and magnetic stripe - and an integrated NFC reader for mobile payments and value added services. Other features include a PIN pad, color screen, 32-bit ARM11 400MHz processor, graphical user interface and optional printer.

read more »

Superdrug, one of Britain’s largest beauty and health retailers, has introduced contactless payment for its in-store customers, according to Retail Gazette.

Created by Streamline and Visa Europe, the contactless system will enable customers to make payments of up to £15 (approx. USD $23) by simply waving their contactless bank card at the more than 50 participating Superdrug stores in London and Liverpool.

read more »

Payment terminal provider VeriFone Systems is riding out the European debt crisis with positive numbers for the fourth quarter, all while rapidly rolling out payment terminal installations in Latin America, reports American Banker.

read more »

VeriFone Systems has completed its acquisition of Point, Northern Europe’s largest provider of payment and gateway services and solutions for retailers.

According to VeriFone, Stockholm-based Point has operations in 11 European countries and serves a network encompassing nearly 475,000 merchant contracts. Through this network, Point offers retailers a range of multi-channel services and solutions, including point-of-sale technology and support, gateway services, card encryption services, and e-commerce processing.

read more »

VeriFone Systems has announced the acquisition of Global Bay Mobile Technologies in order to expand its mobile retail offerings.

VeriFone, a supplier of point of sale equipment, says the acquisition is the latest development in their strategy to bring new smart phone and tablet-based shopping and payment experiences to retail organizations. Terms of the transaction, which closed effective immediately, were not disclosed.

read more »

German bank, Sparkasse will pilot contactless payments for its bank credit card users, reports Venture Village.

Locations in Hannover, Braunschweig and Wolfsburg will be some of the first for the trial, which begins in April. More than 1.3 million customers will receive the new bank cards complete with contactless functionality.

read more »

Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.