Merchants will be able to use Canada's first and only smartphone-based
mobile debit and credit point-of-sale solution on both Android OS and
TORONTO, Aug. 28, 2014 /CNW/ - PAYD PRO, Canada's first and only
smartphone-based mobile point-of-sale solution ("mPOS") in Canada to
accept both Interac® Debit and credit card payments, will be available on Android Operating
System beginning mid-September. Moneris Solutions Corporation
("Moneris"), Canada's largest credit and debit card processor, plans to
introduce additional features for PAYD PRO in the fourth quarter of
2014 including a tip/gratuity feature, E-mail receipting, and the
ability to tie multiple users to one account.
PAYD PRO is the only payment solution in Canada that accepts both Interac Debit and credit card payments and is the first mPOS product to include
EMV® Chip & PIN and contactless payment technology. Moneris continues
to commit resources into the development of new PAYD PRO features and
"We are pleased to offer PAYD PRO more broadly, as we know that at least
one-third of Moneris' new merchants each month are looking for mPOS
solutions and the majority of the smartphone market share in Canada
belongs to Android,"1 said Rob Cameron, Chief Product and Marketing Officer at Moneris. "We
worked hard to get a robust solution in place so that our merchants can
take advantage of customer appetite for paying on the go. We will
continue to innovate and develop based on merchant and consumer
This innovative payment solution allows merchants to process payments
securely, anywhere they do business. Merchants connect a portable
Bluetooth®-enabled PIN Pad to a smartphone or tablet running the PAYD
app, to process sales in any physical location. The mPOS solution
accepts Interac Debit, Discover®, VISA®, MasterCard® and American Express®, giving
customers a wide range of payment options.
PAYD PRO has no set-up fees or fixed-term contract and minimum
processing or transaction volume limits, providing mobile-businesses
with a cost-effective way to offer a variety of payment options to
Merchants can sign up for PAYD PRO at https://www.getpayd.com.
Information and updates are available on Facebook at www.facebook.com/getpayd and Twitter at @getpaydnow.
About Moneris Solutions
As one of North America's largest providers of payment processing
solutions, Moneris Solutions Corporation ("Moneris") offers credit,
debit, wireless and online payment services for merchants in virtually
every industry segment and processes more than three billion
transactions, annually. Moneris also 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.
™PAYD and PAYD & Design are trade-marks of Moneris Solutions
Corporation. ANDROID is a trade-mark of Google Inc.
® MONERIS, MONERIS & Design and MONERIS SOLUTIONS & Design are
registered trade-marks of Moneris Solutions Corporation. Samsung is a
registered trademark of Samsung Co., Ltd used with permission. EMV is a
trademark, and in some countries a registered trademark, of EMVCo LLC. BLUETOOTH is a registered trade-mark of Bluetooth SIG, Inc. APPLE is a
trade-mark of Apple Inc., registered in the U.S. and other countries.
IOS is a trademark or registered trademark of Cisco in the U.S. and
other countries. VISA is a registered trade-mark of Visa International.
MASTERCARD is a registered trade-mark of MasterCard International
Incorporated. INTERAC is a registered trade-mark of Interac Inc.
DISCOVER is a registered trade-mark of Discover Financial Services.
AMERICAN EXPRESS is a registered trade-mark of American Express
Company. All other marks or registered trade-marks are the property of
their respective owners.
Image with caption: "Figure 1: PAYD PRO powered by Moneris paired with Android OS (CNW Group/Moneris Solutions Corporation)". Image available at: http://photos.newswire.ca/images/download/20140828_C8117_PHOTO_EN_42560.jpg
SOURCE: Moneris Solutions Corporation
For further information:
416-640-5525, ext. 245