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CardLinx members Microsoft and MasterCard announced a collaboration to bring simple and secure e-commerce payments to Microsoft Dynamics users with MasterCard's Simplify Commerce, a versatile, highly secure and cloud-based payments platform that helps businesses grow by maximizing online and mobile sales.
We are excited to announce that Verifone has joined the CardLinx Association as the first major POS system member. A global leader in secure electronic POS solutions, Verifone (NYSE: PAY) provides a scalable payment ecosystem that includes hardware and software architecture to process every kind of payment type, comply with the latest POS global security standards and take advantage of every connectivity option from WiFi to IP-enabled devices. Based in San Jose, California, Verifone has annual revenues exceeding $2 billion and over 5,000 employees worldwide.
Recently South Korea added the development of the fintech ecosystem as a high priority through its Financial Services Commission. In recent months, South Korea has forged greater links with French and German fintech hubs. Additionally, the South Korean government has committed to providing venture capital funding to innovative fintech startups. The CardLinx Asia Forum in April complements this effort to increase focus and resources on the payments and card-linking ecosystems by the South Korean government.
Samsung intents to launch Samsung Pay Mini, a lighter version of its mobile payment solution that works with both Android and iOS.
Samsung Pay is set to launch in Europe next week.
Spain will be first market, with UK following soon after according to techweekeurope.co.uk. The European launch follows Samsung Pay’s initial release in South Korea, the US and China.