Swish launches mobile mag-stripe and chip card reader in Hong Kong

Source: Swish

Swish now brings a simple, affordable mobile point of sale (mPOS) solution to the Hong Kong market that will enable any size business to accept credit card payments.

This new mobile payment technology will offer merchants the freedom to use their smartphones to process credit card payments from virtually any location. At the launch event this past Monday, Swish CEO Steven Murray announced that they will be deploying a controlled roll-out into Hong Kong in partnership with Dah Sing Bank in early 2013.

Murray said, "We believe that Swish will open many new doors for businesses by empowering them to become more competitive and giving them the freedom to do business when and where they want. We're excited to be a part of this movement and look forward to bringing mobile payment technology to the masses."

The Swish card reader is fully certified and has the capacity to read both magnetic stripe and chip cards; a feature which makes it a world first in low cost mobile payment technology. Swish will initially be available on the following Apple devices: iPhone 4S, iPhone 4, iPhone 3GS, iPod touch (4th generation), iPod touch (3rd generation). The Apple iPad and Android devices will also be supported in the near future.

By using the Swish card reader in conjunction with the free payment app a merchant's iPhone or iPod Touch is effectively converted into a secure credit card machine. The app facilitates credit card payments from beginning to end, including the collection of digital signatures and sending of electronic receipts.

Businesses such as delivery services, vendors and trades people can now easily accept credit card payments, allowing them to significantly increase their sales revenue. Swish's product offering encompasses a complete mobile payment solution specifically designed to meet the needs of any size business. With simple, user-friendly interfaces, minimal setup costs and low transaction fees, Swish now makes mobile payment more accessible than ever before.

Comments: (0)

Visit ebaday.com
Visit fintechworldreport.com
Featured job
All Jobs »