The contactless technology will promote faster, more secure and safer transactions for Mastercard cardholders, said Syed Mohammad Kamal, Bangladesh country manager for Mastercard, adding that just a tap at a card-reader or point of sale terminal
will be enough, instead of the previous practice of feeding the card into a terminal.
Get Sample PDF Report @ https://www.adroitmarketresearch.com/contacts/request-sample/354 Point of Sale terminal
is essentially a mixture of software and hardware utilized by the dealers to comprehend the transactions of payment.
According to Seamless, its Wireless Point of Sale Terminal
, WiPOS, is an integrated part of the ERS 360[degree sign] transaction platform.
A test identity card loaded with a financial application was successfully used for a purchase at a point of sale terminal
, following a memorandum of understanding signed between the Emirates ID and the Network International.
Nimish Dwivedi, Head of Payments, Mashreq said, "We are delighted to launch UAE's first INSTANT 0 per cent easy payment plan available right at the merchant's point of sale terminal
. The Spring Edition is a very special event for the UAE and we aim to provide an innovative solution to our cardholders to make their Gitex shopping experience truly memorable."
"The success of e-payment gateway has encouraged the Bank to launch more innovative services and payment solutions, including the GPRS (mobile) Point of Sale terminal
solution and unattended kiosks.
To use it, the consumer simply taps the card or mobile phone onto the point of sale terminal
, like anyone would when using the Dubai Metro's Nol card.
The combination of Verifone and InterCard in Germany creates a point of sale terminal
and multichannel Payment as a Service provider capable of offering merchants secure, simple and innovative end-to-end payment and commerce solutions.
The project, developed in collaboration with MasterCard, will be first deployed in the Milan area and Intesa Sanpaolo plans to extend it nationwide while upgrading the Point of Sale terminal
The payment solution company, in association with the bank, will launch a solution that is claimed to allow small businesses to charge customers by scanning their smartphones at the point of sale terminal