More Mobile Point-of-Sale (MPOS) Solutions Achieve MasterCard Best Practices Certification

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With the evolution and growing penetration of mobile and connected devices, there has been a surge of innovation in mobile point-of-sale (MPOS) technology. At Mobile World Congress 2013, MasterCard (MA) announced the availability of a global list of solutions that meet industry standards and MasterCard best practices for Mobile POS.

Small businesses and retailers that have never accepted card payments and previously operated on a cash- and invoice-only basis are turning to mobile point-of-sale (MPOS) solutions to expand their customer base and sales. Established retailers are also adopting MPOS solutions to engage customers in-aisle and enhance the retail and payment experience. MasterCard introduced the MasterCard Mobile POS Program to provide guidance to Mobile POS solution providers and promote simple and secure transactions when consumers use their debit, credit and prepaid cards to pay merchants that use these devices.

Currently, there are 48 Mobile POS solutions providers have successfully completed the registration and self-certification process for their solutions:

Payment Facilitators

Platform ProvidersAcquirer/ ISO
2C2P
Aasaanpay Solutions
Adyen BV
Businesswise
Coiney
Corduro
Handpoint
iZettle
JSC Smartfin
Managepay Services
Mathema Technology
Mobile Credit Payments
MSwipe
NAB-Pay Anywhere
Payleven
SBC Technology
Square
Sumup
Synergistic Financial Networks
2C2P
AasaanPay Solutions
Center of Corporate Technologies
ChargeAnywhere
CreditCall
CyberSoft
Ezetap
First Data
Fortune Payments
GoCommerce
ITOS
Iveri
JSC Smartfin
Mahindra Comviva
Managepay Services
Mathema Technology
Miura systems
Mobile Credit Payments
Mobilepaid
Mobiswipe
Mswipe
PAX
Payworks
Roam
SBC Technoloy
Swiff
Slim CD
Soft Space
Synergistic Financial Networks
Thyron
Tortuga Mobile
Verum
Elavon
Managepay Services
MRL POSNET
Procesos de Medios de Pago S.A.

“Elavon greatly appreciates the leadership MasterCard provides through the MasterCard Mobile POS program,” said Mark Latham, VP International Mobile Products at Elavon Merchant Services. “Since Elavon was the first to market with a secure, chip and PIN mobile payment solution, demonstrating our standing as a world leader in end-to-end card payment technology solutions and our commitment to helping businesses of any size, we know first-hand that there is a need for clarity and guidance in the emerging Mobile POS channel – and we greatly appreciate MasterCard’s support.”

All Mobile POS solution providers currently not registered in the program are invited to register and self-certify their solution against MasterCard’s best practices.

“There are millions of mobile POS solutions in-market today. That’s millions of merchants who have spoken loud and clear about the benefits of moving from cash to electronic payments,” said Mung Ki Woo, Group Executive, Mobile, MasterCard Worldwide. “Mobile devices are rapidly transforming the point of sale experience, both for consumers and merchants, and the growth of this program demonstrates our long-term vision to provide technology and tools that support the transition of every mobile phone into a shopping device.”

Find a complete list of MasterCard’s news announcements from Mobile World Congress 2013 in our Digital Press Kit and follow us @MasterCardNews #MWCashless #MAMobileSymp to join the conversation.

About MasterCard

 

MasterCard (MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNewsjoin the discussion on the Cashless Conversations Blog and subscribe for the latest news.

 

 


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