Samsung, Visa, Fiserv to turn smartphones into contactless payment terminals

Fiserv, Visa, and Samsung Electronics have announced that they will launch SoftPOS, which turns smartphones and tablets into contactless payment terminals. SoftPOS enables contactless payments of any amount via a smartphone or tablet with no additional equipment using embedded near-field communication (NFC) functionality. The merchant’s phone will be enabled with the acceptance of contactless transactions from existing contactless... Continue Reading →

RBL Bank cardholders to use Samsung Pay for contactless payments

Mastercard, RBL Bank, and Samsung India have announced the launch of Samsung Pay for RBL Bank’s credit cardholders. The partnership will allow RBL Bank Mastercard credit cardholders to make contactless mobile payments using Samsung Pay-enabled phones. These payments can be made via any POS machine where a card can be dipped, swiped or tapped, both in India and... Continue Reading →

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