Mobeewave and IDEMIA have announced plans to enable acceptance and validation of contactless payments on mobile devices in Australia.
The companies initially partnered in 2017 to offer a mobile point-of-sale (mPOS) application.
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The mPOS uses IDEMIA’s Digital Enablement Platform to accept debit and credit payments. Merchants can accept payments from contactless cards and digital wallets on NFC-enabled devices.
Mobeewave and IDEMIA also created a fare validation app, which can be used by transit officers to validate contactless payment fares with off-the-shelf devices.
IDEMIA senior vice-president of Sales and Global Markets for Digital Business Unit James King said: “Through Mobeewave’s patented, PCI-compliant contactless payment processing platform, and by leveraging our Digital Enablement Platform, we are paving the way for Australia to be a world leader in frictionless, effortless and secure payment innovation.”
Mobeewave co-founder Benjamin du Haÿs said: “97% of all Australian companies are micro and small businesses, and they have been underserved for far too long by the lack of easy, frictionless and affordable card payment acceptance solutions.
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By GlobalData“What’s more, together with IDEMIA, we have been able to adapt our technology to provide public transport companies with a simple payment validation tool, driving innovation and simplicity across a variety of sectors.”
Mobeewave works to facilitate contactless mobile card payment acceptance. The company’s solutions allow merchants to accept card payments on their device, eliminating the need for dongles, card readers and other hardware.
