Mobile PIN debit payments to be rolled out
By Anthony Chia, channelnewsasia.com | Posted: 25 April 2012 1555 hrs
The iSMP mobile terminal, developed by payment services provider Ingenico, works as a sleeve for the merchant's iPhone and allows it to be used as a mobile NETS payment terminal.
The device was introduced at a media briefing on Wednesday, ahead of the Cards & Payments Asia 2012 trade show, at Suntec Singapore International Convention and Exhibition Centre.
"We want to go where our customers' customers are. NETS has always been about making payments convenient and our focus now is on how to make payments easier," said Mr Kevin Wong, general manager of product management at NETS.
He added that the device allows merchants to use their own phones to receive secure e-payments wherever they are.
Mr Parikshit Jawa, vice-president of product management at NETS, said that the device was being targeted at merchants who are "on the go".
He said: "The whole objective is to really look at the merchants on the go - typically retailers, couriers, kiosks, people who are doing delivery services to the home. That's the sector which we are looking at."
Mr Jawa added that the terminal will be going on a three-month internal trial before rolling it out to merchants at the end of the year.
- CNA/wk
Sound Familiar?
HomeATM Slider Now Compatible with Your Blackberry!
THURSDAY, FEBRUARY 19, 2009
Yesterday, in a post I saracastically dubbed "DumbPhoneded" I talked about security vs. convenience and a new McAfee report showing mobile device manufacturers are seeing more malware attacks than ever before.
Here's some excerpts from DarkReading's Smartphone Threats Intensify
- Security threats were bound to catch up with the proliferation of smartphones across the enterprise...
- Experts have long warned that smartphones...could become the new weakest link in the enterprise...
Read more: HomeATM Slider Now Compatible with Your Blackberry! | NFC Mobile Payment Industry News Blog http://epaymentnews.blogspot.com/2009/02/homeatm-slider-now-compatible-with-your.html#ixzz1t3mlufuR
ePayment News Blog
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