The Asian arm of US based mobile payment services provider Hybrid PayTech has joined Smart eMoney (SMI), to deploy mobile POS terminals in the Philippines.

Following the terms of the agreement, SMI is set to use the HybridVIRTUO Ecosystem Platform for mobile point-of-sale (mPOS) rollout including a host of services for enhanced integration with other existing payment systems.

Gary Repchuk, director at Hybrid PayTech Asia said: “This engagement with SMI is the first in the Philippines to showcase complete live mPOS transactions.

“We are excited to work with SMI to enable services and to expand the product line in the near future.

“Smart through SMI represents a strong opportunity for Hybrid as we launch in the Philippines and prepare for expansion within the countries and in other Asia countries.”

Benjie Fernandez, managing director at SMI said: “We look forward to rolling out this platform and building more offerings for our clients, including Smart and PLDT subscribers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

“This will definitely help spur more mobile payment transactions by building an ecosystem of enabled merchants and empowered card holders who will now have more services available for their needs.”

The Hybrid platform is set to enable SMI to deploy a suite of compliant mobile payment solutions for business and including Hybrid’s mobile application for Android, iOS, Blackberry and Windows Phone.

Related articles:

Hong Kong introduces consolidated e-payment platform

MasterCard completes acquisition of Provus in Turkey

M-banking to the fore at Finovate Asia