Vodafone Hungary has selected Ingenico Group’s fully managed mobile payment solution to build its mobile bank card acceptance (mPOS) service, ReadyPay.

The proposed service is built on the combination of Ingenico Group mPOS managed services and OTP Bank merchant acquiring services offer.

With this new offer, Vodafone intends to offer its SOHO and SME clients with a tailor-made all-in-one cashless payment acceptance solution.

Vodafone director of the enterprise business unit Istvan Kiraly said: "The pocket-size secure Ingenico mPOS solution meets perfectly both technical and business requirements of ReadyPay.

He believes that the latest bank card acceptance technology, coupled with mobile telecommunications, facilitates safe cashless payments for small and medium-size businesses at low up-front investment cost.

Ingenico Group managing director Eastern Europe François Voyron said: "This success illustrates Ingenico Group’s ability to answer to key customers’ bespoke payment solutions to offer new value propositions to their own clients.

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"In this case, we joined forces with OTP Bank, the largest acquirer in Hungary, to build a solution fully fitting with Vodafone requirement to empower their SME with enhanced consumer purchasing experience by providing them a secure, seamless and fast mobile card payment acceptance."