Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payment solutions provider triumphs again in the mobile payments space with the release of MobileMerchant for iPhone and iPad.
This follows its already highly successful first-to-market pilot project on BlackBerry® and Android® devices in January 2012, followed by full-market rollout in May 2012 in the UK and October 2012 in Ireland.
The solution, recognised as "Best Mobile Payments" by the Merchant Payments Ecosystem Awards 2013, is now available to all iPhone® and iPad® users in the UK and Ireland. MobileMerchant is an innovative, secure and complete payment solution that effectively transforms mobile devices into payment terminals. Businesses are free to accept card payments quickly and securely anywhere, anytime, without a major investment of money or effort. MobileMerchant's payment app is paired with a Chip and PIN card reader, allowing payments to be securely processed using BlackBerry®, Android®, and now iPhone® - appealing to almost all mobile users.
MobileMerchant was the world's first fully Chip and PIN-compliant mobile payment processing solution approved by Visa® and MasterCard®. As a payment processing specialist (acquirer), Elavon is able to provide a complete end-to-end solution direct to small business owners. The solution combines the ease of using a mobile phone for payments with an affordable and easy-to-understand rate programme, making it the ideal solution for small businesses on the go, or for companies that have mobile field operatives that would like to extend the convenience of credit and debit acceptance to their customers.
- more -
"Elavon is committed to delivering innovative payment solutions that help businesses, of all sizes, grow and become more profitable. MobileMerchant is perfect for thousands of very small, often mobile, businesses that need an affordable and portable solution for payments. " commented Guy Harris, Managing Director, Europe. "Not only does our solution enable mobile commerce but it has in-built EMV Chip and PIN security, making the acceptance of an electronic paym payment via a mobile device safe and effecctive."
MobileMerchant is an extension of Elavon's full portfolio of payment solutions, and is built on 20 years of experience delivering flexible and secure payment solutions to more than 1.2 million businesses around the world