LONDON, October 25, 2012 /PRNewswire/ --
First UK mobile network operator
to introduce mobile card payment solution offering
boost to smaller businesses
We've announced a new Mobile Point of Sale service (mPOS), with
Visa Europe and Global Payments which allows retailers to accept
credit and debit card payments simply via mobile technology.
mPOS makes accepting card payments a breeze for retailers and
customers. A low cost chip & PIN Pad accessory is connected to
the retailer's existing Smartphone or tablet via Bluetooth. A free
eMerit app downloaded on the mobile or tablet manages the card
payment transaction, and then sends the customer a receipt via
email and/or SMS if required.
It's available on Android and BlackBerry now, with the iOS
version coming soon.
MD of O2 Money, James le Brocq said: "At O2 we understand the
importance of the mobile device in digital payments. Our new mPOS
service has the ability to transform the revenues of smaller
businesses and sole traders by offering their customers the ability
to pay with Visa or MasterCard credit or debit cards as an
alternative to cash.
"mPOS is the latest addition to our portfolio of financial
products and services which includes mobile insurance, tablet
insurance and more recently, O2 Wallet, an innovative new service
designed to digitise your physical wallet onto your mobile."
Chris Davies, Managing Director
of Global Payments, said: "We are excited to be working with O2 on
such an innovative product and we're really looking forward to
working together to provide SMBs with access to new payment
opportunities."
Sandra Alzetta, Senior Vice
President of Mobile at Visa Europe said: "This latest innovation is
an exciting partnership for Visa, O2 and Global Payments. We want
to unlock the value of electronic payments for smaller retailers -
by getting this device into the hands of tradesmen, home-based
businesses and market stall operators, we believe we can help
them sell more products and services to consumers who forgot
to withdraw enough cash."
Find out more information at
http://www.o2.co.uk/business/mobile-payment-services
All O2 news releases can be accessed at our
website: http://www.o2.co.uk/news
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading provider of
electronic transaction processing services for merchants,
Independent Sales Organizations (ISOs), financial institutions,
government agencies and multi-national corporations located
throughout the United States,
Canada, Europe and the Asia-Pacific region.
Global Payments, a Fortune 1000 company, offers a comprehensive
line of processing solutions for credit and debit cards,
business-to-business purchasing cards, gift cards, electronic check
conversion and check guarantee, verification and recovery including
electronic check services, as well as terminal management.
Visit http://www.globalpaymentsinc.com for more information about
the company and its services.
About O2
O2 is the commercial brand of Telefónica UK Limited and is a
leading communications company with over 23 million customers -
read more about O2 at http://www.o2.co.uk/news. O2 runs 2G and 3G
networks and was the first to trial 4G/LTE, reaching speeds of over
100Mpbs, as well as owning half of Tesco Mobile. It also operates
O2 Wifi, O2 Health and has recently launched the O2 Wallet. O2
employs over 11,000 people in the UK, has 450 retail stores and
sponsors The O2, O2 Academy venues and the England rugby team. Telefónica UK Limited is
part of Telefónica Europe plc
which uses O2 as its commercial brand in the UK, Ireland, Slovakia, Germany and the Czech Republic and is a business division of
Telefónica SA.
SOURCE O2