Global Payments has signed an agreement to offer Mobeewave’s mobile payment acceptance platform to its Canadian customers.
The platform enables secure, in-person payment transactions, made with any contactless credit card or mobile wallet directly on an NFC-enabled mobile device, without the need of any additional hardware.
The technology enables transaction directly within the device, using point-to-point encryption.
Global Payments SVP of global product and innovation Frank Young said: "Advances in mobile technology are enabling our merchants and partners to benefit from entirely new payment experiences that change the way consumers and merchants interact."
Mobeewave CEO and co-founder said Benjamin du Haÿs said: "While mobile payments have previously been the focus of industry interest, mobile payment acceptance is the necessary next step leading the industry to a complete mobile payment offering."
The companies are expected to launch the solution to market in spring 2016.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData