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.

The Apple Beat: Why Passbook may be a better short-term option than NFC

By Gadjo Cardenas Sevilla

A number of pundits grumbled that Apple missed out on an opportunity by not including Near Field Communications (NFC) in the iPhone 5 as a mobile wallet solution. But Apple's Passbook App, coming on September 19th via the free iOS 6 update, is likely a better option at least for the short term.

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