Orange Business Services and technology infrastructure providers SIA have signed an agreement to provide a mobile POS service in Europe.
The collaboration will enable European, extra-EU banks and merchants to manage mobile payments via mobile POS terminals.
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Through the agreement, Orange Business Services will provide a machine-to-machine (M2M) system based on global roaming services enabling remote terminals to transmit data to SIA’s technology infrastructure.
The SIA network will collect the payments traffic generated by merchants’ wireless POS terminals.
The payments will then be delivered to the authorisation systems of banks, terminal operators and other acquirers.
SIA plans to enable around 60,000 POS terminals by the end of the year.
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By GlobalDataThe devices can manage transactions coming from European and extra-EU countries, such as South Africa.
Andrea Galeazzi, network services division director at SIA, said: "Thanks to the Orange Business Services solution, from today we are able to simplify further the communications between merchants and banks by offering payments also via mobile POS terminals at continental level.
"This reconfirms SIA’s role as a single partner in Europe, managing the last mile of payments regardless of the type of connectivity employed and the country where the transaction is originated," he added.
Related to:
Orange teams up with 3V to offer Orange Cash for Spanish customers
SIA to launch mobile phone payment system in early 2014
