Mahindra Comviva announces that its payPLUS mPOS solution gets Visa Ready Program validation to cater a payment acceptance system addressing the requirements for mPOS. By adopting payPLUS solution, merchants as well as customers can facilitate the benefits of payment acceptance from virtually any location.
Talking on the accreditation, Srinivas Nidugondi, Senior VP & Head of Mobile Financial Solutions, Mahindra Comviva said, “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.”
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.
Mahindra Comviva’s payPLUS solution has lot more than just facilitating card transactions anywhere by adopting an integrated view of the entire ecosystem of banks, telcos, merchant acquirers, merchants and consumers.