NewswireToday - /newswire/ -
Toronto, Ontario, Canada, 2014/08/29 - Merchants will be able to use Canada’s first and only smartphone-based mobile debit and credit point-of-sale solution on both Android OS and Apple® iOS® - GetPAYD.com / Moneris.com. NYSE: VNTV
PAYD PRO, Canada’s first and only smartphone-based mobile point-of-sale solution (“mPOS”) in Canada to accept both Interac® Debit and credit card payments, will be available on Android Operating System beginning mid-September. Moneris Solutions Corporation (“Moneris”), Canada’s largest credit and debit card processor, plans to introduce additional features for PAYD PRO in the fourth quarter of 2014 including a tip/gratuity feature, E-mail receipting, and the ability to tie multiple users to one account.
PAYD PRO is the only payment solution in Canada that accepts both Interac Debit and credit card payments and is the first mPOS product to include EMV® Chip & PIN and contactless payment technology. Moneris continues to commit resources into the development of new PAYD PRO features and add-ons.
We are pleased to offer PAYD PRO more broadly, as we know that at least one-third of Moneris’ new merchants each month are looking for mPOS solutions and the majority of the smartphone market share in Canada belongs to Android. We worked hard to get a robust solution in place so that our merchants can take advantage of customer appetite for paying on the go. We will continue to innovate and develop based on merchant and consumer feedback.”
Rob Cameron, Chief Product and Marketing Officer, Moneris Solutions.
This innovative payment solution allows merchants to process payments securely, anywhere they do business. Merchants connect a portable Bluetooth®-enabled PIN Pad to a smartphone or tablet running the PAYD app, to process sales in any physical location. The mPOS solution accepts Interac Debit, Discover®, VISA®, MasterCard® and American Express®, giving customers a wide range of payment options.
PAYD PRO has no set-up fees or fixed-term contract and minimum processing or transaction volume limits, providing mobile-businesses with a cost-effective way to offer a variety of payment options to their customers.
Merchants can sign up for PAYD PRO at getpayd.com/.
About Moneris Solutions
As one of North America's largest providers of payment processing solutions, Moneris Solutions Corporation (“Moneris”) offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Moneris (moneris.com) also offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments.
™PAYD and PAYD & Design are trade-marks of Moneris Solutions Corporation. ANDROID is a trade-mark of Google Inc.