Monet (Private) Limited, Pakistan’s leading mobile point-of-sale (mPOS) Services Provider, announced today that its Swipe2Pay mPOS solution is now included in the Visa Ready Program.
The solution provides a payment acceptance system that complies with the Visa Ready Program requirements.
Visa introduced the Visa Ready Program to accelerate the deployment of innovative payment solutions globally, enabling financial institutions and merchants to take advantage of new payment technologies, such as mobile point-of-sale acceptance solutions.
By adopting Swipe2Pay mPOS solution, merchants as well as customers can enjoy the benefits of payment acceptance from virtually any location. Both small and large merchants can leverage upon an integrated payment solution, extending to anytime anywhere commerce.
“By serving consumers who prefer the convenience of cards and wallets, businesses not only win back lost sales opportunities, but also enhance customer loyalty,” said Ali Abbas Sikander, CEO of Monet (Private) Limited. “It enables merchant acquirers to equip businesses of any size with cards and wallet acceptance – whether a large enterprise needing mobility or a small business that needs to serve customers at home or on the road.”
Monet’s solution will bring together the power of a lightweight mobile application and a portable, robust card reader which fully complies with Magstripe, Pin/Chip and EMV global standards. The solution offers multiple payment options including credit / debit / prepaid cards along with mobile wallets.