CreditCall prepares to roll out Chip & PIN payment app

CreditCall prepares to roll out Chip & PIN payment app

UK-based card payment company CreditCall is to launch a Chip & PIN payment app that turns smartphones into eftpos terminals for on-the-go debit and credit card transactions.

Available for BlackBerry devices from the autumn, the CardEase Mobile app requires the use of a separate Bluetooth-linked PIN Pad that can be paired to the smartphone. Transaction data is encrypted and sent over the wireless network for authorisation.

A transaction receipt can then be sent to the customer by email, SMS or in paper format from an optional printer.

CreditCall says that although the EMV-accredited app can be used as a standalone application, by small businesses or as a queue-busting device at larger retailers, it is principally aimed at third-party developers who can integrate with other smartphone apps such as retail order-taking or field service.

An easy-to-use API will be available as well says the vendor.

Comments: (4)

Nick Collin
Nick Collin - Collin Consulting Ltd - London 17 July, 2010, 17:34Be the first to give this comment the thumbs up 0 likes

Very neat!  This could be a winner - especially as cheques are phased out in the UK.

A Finextra member
A Finextra member 19 July, 2010, 07:19Be the first to give this comment the thumbs up 0 likes

I fail to see what the functionality of the Blackberry is in this product? There are already Chip & PIN devices out there that have 3G connectivity built-in.

So why carry two devices around when it is simpler to with only one?

A Finextra member
A Finextra member 20 July, 2010, 12:21Be the first to give this comment the thumbs up 0 likes

I think the device is targeted at potential users who already own a smartphone and who would like to accept payment (the example used in the Video appears to be a plumber) - the current 3G Payment Terminals are not exactly tiny - this device offers a small compact solution for low volume payments.  However - I can imagine there may be the potential to compromise the system on the Smartphone side of the application.  I assume this solution is fully compliant with PA:DSS...

A Finextra member
A Finextra member 21 July, 2010, 10:48Be the first to give this comment the thumbs up 0 likes

This is a solution where you can integrate your own application into the payment API of the Cardease Mobile solution. This means larger merchants or merchants with specialist front end requirements can manage stock, order stock as well as having a level of integration.

The level of reporting is far more advanced than many hand held terminals which are actually quite restricted.

There is a substantial cost saving over the standalone solutions.

In relation to the final comment, you are absolutely right this is a smaller and sleeker set up which can process high and low volume payments such as queue busting, during exhibitions, transportation or by trades people taking on site payments with security having main priority. It is covered in a number of ways going through a lot of security and banking accreditation and will be PA-DSS, PCI-DSS, PTS and Common Criteria certified.