Friday 16 December 2011

Pay.On launches mobile POS terminal

Pay.On AG, leading provider of payment technologies and processor of online transactions, follows its mobile commerce strategy by launching a mobile POS application.

Expanding its set of payment solutions, PAY.ON now offers mobile POS payments with fast and secure card payments on all markets worldwide.
With the PAY.ON mobile POS application, payment service providers are now able to offer their merchants a convenient payment device to expand their sales channels and regional market focus as well as address new consumer groups. Accepting credit cards at POS usually requires relatively expensive additional hardware devices and network setups. The PAY.ON application allows iPhones, iPads as well as the iPod Touch (iOS 4.0 and later) to function as a card payment terminal. Merchants can download the fully white-labeled application from iTunes and use it on their iPhone. Other platforms like Android will follow shortly.
With the mobile POS app, all main card brands are processed in a fully PCI DSS compliant environment, masking and tokenising private and confidential data. The merchant uses the card swiper device to conduct payments with a single swipe. Also, PAY.ON's modular payment platform allows to connect all payment services in a customised way, i.e. additional services like individual risk and scoring functions can be added directly to the processing.
The application's basic feature set supports detailed transaction analytics at a glance, the processing of history details and a payment refund function in case of product returns. Using the advanced administration panel, merchants can set the server connection and control the hardware and server connection online status. To use the new mobile POS application, payment providers need to be a PAY.ON PaySourcing™ client.
Markus Rinderer, CEO at PAY.ON, on the introduction of the mobile POS application: "We are excited to launch our first mobile application as part of our long-term mobile strategy in application payments. Mobile Business Intelligence and further related products like In-App Payments that fit into the PAY.ON ecosystem will be launched step by step. Payment providers connected to our system immediately profit from new market trends as they are promptly introduced in the PAY.ON platform."
Pioneering payment engineering, PAY.ON allows payment providers to leverage their transaction processing, strengthen their corporate brand, expand their payment services and accelerate their global growth through just one application interface opening connections to more than 200 financial institutes.

No comments:

Post a Comment