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Mahindra Comviva Announced payPLUS mPOS Platform VISA Ready - Mahindra Comviva, the global leader in providing mobility solutions, today announced that its payPLUS mPOS platform has been approved by Visa for inclusion in the Visa® Ready Program
Mahindra Comviva Announced payPLUS mPOS Platform VISA Ready

 

NewswireToday - /newswire/ - Gurgaon, Haryana, India, 2015/08/04 - Mahindra Comviva, the global leader in providing mobility solutions, today announced that its payPLUS mPOS platform has been approved by Visa for inclusion in the Visa® Ready Program.

   
 
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The solution provides a payment acceptance system that complies with Visa Inc.’s applicable Visa Ready Program requirements for mPOS. By adopting payPLUS solution, merchants as well as customers can enjoy the benefits of payment acceptance from virtually any location.

An integrated payment solution, payPLUS converts the ubiquitous mobile into a Point-of-Sale device and helps small and large merchants to extend anytime anywhere commerce. By serving consumers who prefer the convenience of cards, businesses not only win back lost sales opportunities, but also enhance customer loyalty. It enables merchant acquirers to equip businesses of any size with card acceptance whether a large enterprise needing mobility or a small business that needs to serve customers at home or on the road.

“With businesses going mobile today, mPOS has the power to transform payments and commerce in various geographies. Basic mPOS-enabling hardware is now a commodity, and the key to revenue growth and differentiation lies in the business enablement services offered by mPOS. Through Visa approved payPLUS, we will continue to provide safe, secure and seamless payment acceptance that complies with Visa Inc.’s applicable requirements”, said Srinivas Nidugondi, Senior VP & Head of Mobile Financial Solutions, Mahindra Comviva.”
Mahindra Comviva’s payPLUS solution goes way beyond merely facilitating card transactions anywhere by adopting an integrated view of the entire ecosystem of banks, telcos, merchant acquirers, merchants and consumers. It combines the power of a lightweight mobile app and a card reader, and fully complies with EVM Chip+PIN and Chip+Sign global standard to offer multiple payment options including credit / debit / prepaid cards along with open and proprietary wallets.

About Mahindra Comviva

Mahindra Comviva (mahindracomviva.com) is the global leader in providing mobility solutions. It is a subsidiary of Tech Mahindra and a part of the USD 16.5 billion Mahindra Group. Mahindra Comviva enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Its mobility solutions are deployed by over 130 mobile service providers and financial institutions in over 90 countries, transforming the lives of over a billion people across the world.

 
 
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Written by / Agency / Source: Mahindra Comviva

 
 

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Mahindra Comviva Announced payPLUS mPOS Platform VISA Ready

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Publisher Contact: Sudeep Mehta - MahindraComviva.com 
+91 12 44819000 connections[.]mahindracomviva.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Mahindra Comviva securities in any jurisdiction including any other companies listed or named in this release.

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