A new report has found that the global installed base of point-of-sale (POS) terminals grew to almost 109 million units in 2017. “The world is continuously shifting from coin and paper-based payments, such as cash and checks, to electronic forms, such as payment cards and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes SIX Payment Services’ and Mastercard’s rollout of cashless payments at a renovated stadium in Austria. In addition, the Monterrey Digital Hub in Mexico has opened, and PT NFC Indonesia has held an...
Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of...
Football season is here, and with it, everyone’s favorite stadium food (and least favorite stadium snack prices). According to The Cheat Sheet, a slice of pizza sees a markup of 69 percent to 75 percent at most sports stadiums. Popcorn is looking at 82 percent...
July 17, 2018
A new report has found that the global installed base of point-of-sale (POS) terminals grew to almost 109 million units in 2017. “The world is continuously shifting from coin and paper-based payments, such as cash and checks, to electronic forms, such as payment cards and mobile phone payments,” researchers said in a press release. “As […]
July 06, 2018
Generating year-on-year growth of nearly 4 percent, Smart Payment Association (SPA) data indicates that 2.3 billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and...
March 14, 2017
A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR)...
November 17, 2015
Valyou, a Norwegian mobile payments provider, will no longer offer its service after Nov. 30.