First Data has released Clover Go, a new contactless payment reader that works with swipe and EMV cards, as well as NFC (including Apple Pay, Android Pay & Samsung Pay) devices.
Undoubtedly designed to make the US liability shift more appealing, the reader is able to process EMV transactions in less than 3.5 seconds, making it twice as fast as First Data’s previous Clover Go solution.
First Data’s new update comes several weeks after Square updated its own readers to slash their transaction speeds.
Its new chip and contactless reader update reduces the total transaction time down to 4.2 seconds, 25% faster than the company’s previous low of 5.7 seconds. Square says it’s aiming to bring the time down to 3 seconds.
IBM has been actively working with companies to make blockchain ready and integrated for businesses.
The new feature appears closer to being fully functional than previous rumours had suggested.
With the new £5 polymer note now fully rolled-out, it is now time to think about the new £10 note that will follow it. Paul Ferris, Product Manager at Wincor Nixdorf UK/I, gives his advice on how to make sure you are prepared for the deadline.
A Juniper Research report is predicting a 32% increase in mWallet payments in the next 12 months.