This will allow acquirers and banks to offer multiple acceptance channels to their merchants. One-time integration will offer flexibility so that additional channels and payment methods can be added as the market evolves.

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 has launched one of the first EMV ready mPOS solutions for the largest acquirer in the world. The understanding of EMV and mobility ecosystem along with a dongle hardware agnostic solution gives unique opportunity for Mahindra Comviva to help acquirers realize their EMV mPOS dream.

Announcing the launch of the upgraded payPLUS, Srinivas Nidugondi, Senior VP and Head, Mahindra Comviva said, “Today consumers are digitally empowered and expect to be served at any time and place of their choice. We believe that businesses need to be where the consumer is and accept any payment instrument on any channel that the consumer prefers. In regions like U.S and Europe, the need of omni-channel payment acceptance is thus imperative for merchants to experience excessive growth opportunities.”

Mahindra Comviva has introduced an easy to integrate SDK for merchants to accept multiple payments instruments within their mobile apps including propriety wallets like Apple Pay. This will enable merchants to accept Apple Pay in their iOS apps allowing the end consumers to seamlessly make one touch payment using a stored credit card. The SDK allows merchant app to focus on its core business processes by freeing it from any complexity of reading tokenized card data from Apple as well as transaction processing. It further reduces the implications of Payment Card Industry Data Security Standard (PCI DSS) certification enabling faster time to market for the merchant.

Mahindra Comviva has also introduced an iFrame based solution for payment acceptance for online businesses and merchants. This allows online merchant to load and embed an offsite secure payment page thereby providing customers with a seamless experience of making payments. At the same time, this provides freedom to the merchants from any PCI compliance aspects as the pages where card data is entered is handled and processed by payPLUS.