NEW DELHI /PRNewswire/ -- Mahindra Comviva, the global
leader in providing mobility solutions, today announced that
its payPLUS mPOS solution has
been approved by Visa for inclusion in the Visa Ready Program. The
solution provides a payment acceptance system that complies with
Visa Inc's applicable Visa Ready Program requirements for mPOS. By
adopting payPLUS solution, merchants
as well as customers can enjoy the benefits of payment acceptance
from virtually any location.
(Logo: http://photos.prnewswire.com/prnh/20130626/625127)
An
integrated payment solution, payPLUS converts the
ubiquitous mobile into a Point-of-Sale device and helps small and
large merchants to extend anytime anywhere commerce. By serving
consumers who prefer the convenience of cards, businesses not only
win back lost sales opportunities, but also enhance customer
loyalty. It enables merchant acquirers to equip businesses of any
size with card acceptance - whether a large enterprise needing
mobility or a small business that needs to serve customers at home
or on the road.
"With businesses going mobile today, mPOS has the power to
transform payments and commerce in various geographies. Basic
mPOS-enabling hardware is now a commodity, and the key to revenue
growth and differentiation lies in the business
enablement services offered by mPOS. Through Visa
approved payPLUS, we will continue to provide safe, secure and
seamless payment acceptance that complies with Visa Inc.'s
applicable
requirements," said Srinivas Nidugondi, Senior VP & Head of Mobile
Financial Solutions, Mahindra Comviva.
Mahindra Comviva's payPLUS solution goes way
beyond merely facilitating card transactions anywhere by adopting
an integrated view of the entire ecosystem of banks, telcos,
merchant acquirers, merchants and consumers. It combines the power
of a lightweight mobile app and a card reader, and fully complies
with EVM Chip+PIN and Chip+Sign global standard to offer multiple
payment options including credit / debit / prepaid cards along with
open and proprietary wallets.
About Mahindra Comviva
Mahindra Comviva is the
global leader in providing mobility solutions. It is a
subsidiary of Tech Mahindra and a part of the USD
16.5 billion Mahindra Group. Mahindra
Comviva enables service providers to enhance customer
experience, rationalize costs and accelerate revenue growth.
Its mobility solutions are deployed by over 130 mobile
service providers and financial institutions in over 90
countries, transforming the lives of over a billion
people across the world.
For
More Details : http://www.mahindracomviva.com
Media contact:
Sundeep Mehta
Global PR & Corporate Communications
Contact: +91-124-481-9000
Email: [email protected]