Moneris introduces PAYD PRO mobile payment technology
Moneris Solutions Corporation introduces new technology touted to be the first debit-enabled mobile payment service in the country. PAYD PRO provide sellers capability to receive credit and debit card payments through chip and PIN, contactless technology, or magstripe with the use of a smartphone. The service connects to mobile devices through Bluetooth and the company’s Apple iOS and Google Android apps.
The service also comes with mCommerce management suite that allows merchants to track business from your phone and send receipts through email. PAYD PRO will be available starting February 2014.
Reader Comments (2)
How lazy can people be to not whip out the cc or dc. I think people are becoming too dependent on their mobile phone. Convience, maybe. But people may go through a lot of problems if their phone were to be stolen or hacked.
People do whip out their cc or dc. This technology is for the SELLER to accept payment using the BUYER'S cc or dc. The SELLER uses their smartphone and the keypad to ACCEPT the BUYER's cards....