Integrated mobile payment solution enables merchants to transform their smartphones into mobile point of sale (mPOS) systems that fully support PIN based transactions (including the use of EMV chip cards), thus reducing start-up costs and minimizing equipment needs. Moreover this system provides merchants with additional payment-acceptance-related services, for example certain level of application and slip customization, branding, inventory management and online preview of transaction history.
Technology
System contains following components:
- Smartphone (or tablet) device (SP)
- SP application (Android/iOS)
- PCI PTS approved reader - (connects simply and easily via Bluetooth or Wi-Fi to all types of smart phones, feature phones and tablet)
- merchant management server (device management, mobile application management, security management, services management)
- payment gateway
Functionality
mPOS solution is a multivendor solution, supporting advance full EMV chip & PIN and contactless devices.
With automated wizard setup process for installation it enables any financial institution to provide fast and simple card accepting solution to the market.
mPOS is available both as a SaaS and a license product.
Case study
Successful implementation of our mPOS solution in the taxi industry has enabled Pink Taxi to be the first and unique taxi company in Serbia offering this globally booming service on the local market. To find out more about the project, download the case study Mobile payments on the go!
