Mobile app and Bluetooth® companion device turn smartphones into secure
TORONTO, Nov. 6, 2013 /CNW/ - Moneris Solutions Corporation ("Moneris"),
Canada's largest debit and credit card processor, today announced the
launch of PAYD PRO, Canada's first debit-enabled mobile payment
solution using chip & PIN technology to process payments on the go.
PAYD PRO expands Moneris' small business payment offerings, giving
merchants an opportunity to accept debit and credit card payments on
the go through chip and PIN, magstripe or contactless technology using
their smartphone device anytime, anywhere.
"At Moneris, we are proud to be the first payment processor in Canada to
empower small business owners with the ability to process debit card
transactions anywhere they do business," said Jeff Guthrie, Chief Sales
and Marketing Officer at Moneris. "Canadians increasingly expect to
have the freedom to choose any payment option they find convenient,
with any type of a merchant organization, big or small. We are
committed to bringing innovative, effective and secure solutions to
merchants of all sizes, including smaller service providers, such as
artisans, photographers, personal trainers and contractors."
In contrast to existing mobile POS solutions that plug directly into a
smartphone, PAYD PRO is a mobile application that uses Bluetooth
technology to connect a lightweight and portable companion device to
any Apple® iOS and Google® Android™ smartphone. PAYD PRO offers a suite
of mCommerce management tools to meet the growing needs of Moneris'
small business merchants, including the ability to track all
transactions from their mobile device and send receipts via email.
PAYD PRO, supported by the security of Moneris' PAYD, encrypts card data
at the time of transaction and allows merchants to easily access their
transactions, accounts and history in a secure manner. In addition, the
portable device leverages Bluetooth encryption to provide a secure
connection, while prohibiting unauthorized devices from accessing the
tool and the information channeled through it.
Moneris' PAYD PRO service will be available in February 2014. For more
information, and to register for PAYD PRO, please visit getpayd.com/pro.
About Moneris Solutions
As one of North America's largest providers of payment processing
solutions, Moneris offers credit, debit, wireless and online payment
services for merchants in virtually every industry segment and
processes more than three billion transactions annually. Through its
Ernex division, Moneris offers electronic loyalty and stored-value gift
card programs. With more than 350,000 merchant locations, Moneris
provides the hardware, software and systems needed to improve business
efficiency and manage payments. For more information please visit www.moneris.com.
® MONERIS and MONERIS SOLUTIONS & Design are registered trade-marks of
Moneris Solutions Corporation. BLUETOOTH is a registered trade-mark of
Bluetooth SIG, Inc. APPLE is a registered trade-mark of Apple Inc.
GOOGLE is a registered trade-mark of Google Technology Inc. TM PAYD is a trade-mark of Moneris Solutions Corporation. ANDROID is a
trade-mark of Google Inc. All other marks or registered trade-marks are
the marks or registered trade-marks of their respective owners.
Image with caption: "PAYD PRO is Canada's first debit-enabled mobile payment solution using chip & PIN technology to process payments on the go. The mobile application uses Bluetooth technology to connect a lightweight and portable companion device to any Apple® iOS and Google® Android™ smartphone. (CNW Group/Moneris Solutions Corporation)". Image available at: http://photos.newswire.ca/images/download/20131106_C4656_PHOTO_EN_33041.jpg
SOURCE: Moneris Solutions Corporation
For further information:
416.640.5525 ext. 243