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|Visa Signs Agreements with Leading mPOS Providers; Drives Adoption of Mobile Commerce Globally|
“The Visa Ready Program is designed to provide innovators with an easy
way to collaborate with Visa and gives merchants and consumers the
peace-of-mind they need when transacting with a mobile phone,” said
The growing popularity of mPOS acceptance solutions, especially among micro and small merchants, is helping to drive the migration from cash to electronic payments. From 2011 to 2012, the number of mobile point-of-sale terminals in operation worldwide increased 111 percent, from 4.5 million to 9.5 million, and it is expected to reach 38 million in 20173.
As part of the agreements, iZettle, SumUp and Swiff can have access to guidance, best practices, APIs (Application Program Interfaces) and SDKs (Software Design Kits) from Visa, including:
According to a recent Javelin Strategy and Research report, in
“Mobile POS opens up the market to all merchant tiers, from the largest
big box retailers to the smallest micro-merchants, which never would
have dreamed of accepting card payments in the past,” said
For more information about the Visa Ready Program, visit www.visa.com/ready.
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 30,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit corporate.visa.com.
AnywhereCommerce is a global mobile payments technology solutions provider with a portfolio of IP, including the defacto audio-jack patents. AnywhereCommerce offers a global suite of hardware, software and gateway solutions for secure online and mobile; card-present credit, debit, Chip (PIN and signature),and NFC transactions. Our Universal “aCommerce Platform“ designed for iOS, Android, Blackberry and WP8, provides white label and customized software applications for retail line-busting and mobile field services. Our PCI and EMVCo certified ecosystem provides optimal security, reliability, convenience and return on investment for merchants, networks, issuers, processors and acquirers. For more information, please visit www.AnywhereCommerce.com.
iZettle is payments made easy. With iZettle, anyone selling anything
face to face can use smartphones and tablets to accept credit card
payments and manage their business – and for a fraction of the cost of
traditional systems. The social payments company’s services are always
secure, fantastically fast to set up, and super simple to use. Founded
in 2010, with headquarters in
empowers businesses to accept card payments in a cost-effective, secure
and simple way. SumUp uses a portable card reader and an app available
only taking a fee of 2.75% per transaction. SumUp is Europay,
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.
1 Miura Shuttle and AnywhereCommerce Nomad are Visa approved devices
2 Visa Ready Program requirements vary by region/country
3 Timetric, 2020 Foresight:
4 Javelin Strategy & Research, Mobile POS (Point of Sale)
Business and Market Impact 2013: Emerging Technologies Expand Reach with
Lower Cost, Disruptive Services,