MYPINPAD & EVO Payments to boost Visa’s Tap to Phone service in Poland
By Megha Bhattacharya
Personal authentication solutions provider, MYPINPAD recently announced a collaboration with EVO Payments in a bid to initially focus on Poland via eService. EVO is a provider of payment technology integrations and acquiring solutions. Its subsidiary, eService, is a provider of payment card acceptance and settlements of e-transactions in Poland.
MYPINPAD’s CEO, Colin Greene, commented, “We are excited to have won this opportunity with a global acquiring partner. As merchants emerge from the ravages of the pandemic lockdown, eService’s new merchant proposals will remove barriers to entry and enable mobile digital acceptance at an increasing number of locations. This announcement is another key milestone for MYPINPAD, and the industry, as we integrate into Europe with a leading global acquirer and continue driving mobile device acceptance exponentially.”
Visa approved the solution for authorising contactless payments with PIN capture through its ‘Tap to Phone’ program, thus making it easy for merchants and consumers alike to use smartphones when making and accepting payments.
Recently, MYPINPAD announced that it has received Payment Card Industry (PCI) Security Standards Council (SSC) certification for its Android-based Contactless Payments on Commercial off-the-shelf (CPoC) solution.
CEO of eService – Joanna Seklecka added, “Poland is a world leader in the acceptance of contactless transactions, and our customers across Europe are open to innovative digital payment technologies that we bring to the market in cooperation with the best global technology providers. Today, once again, we are proud to announce a solution that will enhance the possibilities of convenient and secure payment acceptance on mobile devices.”
MYPINPAD’s solution can be integrated into third-party applications and delivered ‘As-a-Service’. It aims to reduce cost across the entire face-to-face payment ecosystem by meeting PCI security standards through software updates.
ALSO, READ: Payments & Cards Systems and Suppliers Report 2020 by IBS Intelligence
Other Related News
August 03, 2023
Embedded finance providers are more likely to finance women-led SMEs, study shows
Read MoreNovember 17, 2022