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Mobile EMV and Contactless Payment Solution Rolls Out


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.