Banking partners to benefit from innovative m-commerce card payment
solution making digital payments a reality for their SME merchant base.
LONDON, Oct. 8, 2013 /CNW/ - DataCash, a MasterCard company, has today announced a new partnership with Swiff, the flagship brand of SCCP Group, that delivers white-label mPOS
solutions to bank partners, allowing them to add a further, 'quick to
market' payment service to their portfolio for the burgeoning global
The Swiff Pay solution is comprised of a secure plug-in card reader
dongle, which is compatible with smartphones and tablets including
Android and iOS devices. Powered by a downloadable app, which connects
the dongle and web-enabled device to the DataCash payment gateway, the
solution facilitates card-based payment authentication on the move. SME
merchants are then able to accept bank level secured transactions
including MasterCard, Visa, American Express, Diners and JCB from their
devices (See how it works video here).
Banks can adopt this outsourced technology solution while retaining
brand consistency. In turn, their SME clients can expand their payment
acceptance options and generate cashless credit and debit card
transactions in an affordable, safe and secure payment environment.
"We are delighted to be working with DataCash to be able to deliver
innovative digital payments mechanism and ensure that the bank and
their merchants benefit from a reliable, robust and secure payment
experience." - Etienne van den Bogaert, Chief Technology Officer at
The SME market continues to be an important growth segment for the
world's economy, representing 350 Million businesses globally, with a market value of $698 Billion, annual growth on average at 13.8% and a potential card based spend at $5.1 Trillion. Ensuring SMEs have access to the most convenient, secure and
practical payments instruments to maintain safe commerce and accelerate
growth is instrumental in DataCash's strategy to promote a great
digital payments experience for everyone, everywhere.
"As a MasterCard company, we are committed to delivering and supporting
the most innovative payment technologies and our partnership with Swiff
is testament to this. This new technology both strengthens our White
Label Payment Gateway service for our global partners and furthers the
adoption of digital payments in the important SME segment." - Ajay
Bhalla, president at DataCash
White Label Payment Gateway services from DataCash?
Powered by DataCash, the white label offering enables global banks and
processors to leverage the benefits of the DataCash Payment Gateway,
currently used by some of the world's most recognisable brands in the
gaming, travel, retail and finance sectors.
The White Label Service will allow banks and processors to retain
greater control of the flow of the e/m-commerce value chain by offering
merchants a range of capabilities. Find out more here.
Founded in 1996, DataCash Group Ltd (part of MasterCard Incorporated)
provides multi-channel global payment processing services and advanced
fraud prevention and risk management solutions to merchants and banks.
As a global partner to some of the world's most recognisable brands in
the gaming, travel, retail and finance sectors, DataCash combines smart
thinking and an end-to-end solution to help its customers transcend the
complexities and expense associated with payment processing. Advanced
technology from DataCash enables customers to accept and process
payments in over 177 currencies, from over 45 brands across e-commerce,
m-commerce channels and cardholder present channels - with the security
and confidence of tools tailored to meet exacting and expanding
business needs. DataCash customers protect their brand and reputation,
enhance end-user experience and capitalise on new global market
About Swiff by SCCP Group
Swiff is the world's first white-label mobile payment platform that
offers a patented, bank-standard security. Through Swiff's suite of
m-commerce solutions (Swiff Pay, Swiff mWallet, Swiff Authentication,
etc.) this innovative and unique technology provides financial
institutions and merchants the tools to roll out mobile strategies that
enable bank-level secured, authenticated transactions.
 Moya Marsh, 2011
 Glenbrook 2011
 Kaiser Associates 2011
For further information:
PRESS Contact: Simon Chan, Edelman for DataCash, simon.chan@Edelman.com, +44(0)20-3047-2433