Canada’s largest credit and debit card
processor, Moneris, has launched a new app allowing merchants to
accept credit card payments via their smartphones.

The e-Select plus Mobile App allows merchants
to obtain real-time authorisation on transactions as well as send
email receipts and generate reports on transaction history.

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The app is aided by the Moneris card reader
which can be plugged into the smartphone’s audio port.

A recent survey of the Moneris Advisory Board,
found that 57% of small business owners described their mobile
device as a vital asset in the running of their business.

38% said they would be willing to accept
payments via their smartphone and 60% of Canadian merchants stating
they would adopt an m-payments solution within the first three
months of introduction.

Amer Matar, chief technology office at
Moneris, said:

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“e-Select plus Mobile App offers flexibility
and convenience, giving merchants more options to expand the reach
of their businesses and accept payments on the go.”