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January 22, 2016updated 04 Apr 2017 3:59pm

Global Payments to distribute Mobeewave’s m-payment acceptance solution in Canada

Global Payments has signed an agreement to offer Mobeewave’s mobile payment acceptance platform to its Canadian customers.

By Verdict Staff

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.

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