TORONTO — Moneris Solutions, Canada’s largest credit- and debit-card processor, has selected Ingenico to deploy Payd Pro, Canada’s first mobile EMV, Chip and PIN and contactless payment solution.
Payd Pro, Moneris’ new mobile payment solution, allows merchants to use smartphones and tablets to accept Interac debit- and credit-card payments via EMV Chip and PIN, swipe and contactless acceptance technology.
Since January 2013, Moneris has seen an average 10-per-cent month-over-month growth in the adoption of mobile payments. With the recent addition of Payd Pro, year-to-date mobile merchant growth has more than doubled, at 132 per cent.
“Payd Pro is the first payment solution in Canada to give businesses a simple and reliable solution to process EMV credit and debit transactions with tablets or smartphones,” said Rob Cameron,chief product and marketing officer at Moneris Solutions. “We have a long-term, trusted relationship with Ingenico Group and rely on their expertise in developing mPOS solutions so that we can offer Canadian merchants, particularly small businesses, access to secure and innovative payment acceptance. Initial feedback on this joint solution is very positive and promising.”
The payment solution is available on the Apple iOS platform and will be available on Android this fall.