Zurcher Kantonal Bank introduces mPOS with SIX Payment Services

Source: SIX Payment Services

Zürcher Kantonalbank and SIX Payment Services are making a further step in the direction of cashless payment.

Zürcher Kantonalbank is now selling mCashier, the mobile payment solution from SIX for smartphones and tablets. The solution is suited for small and medium-sized business customers who want to accept uncomplicated card payments.

mCashier will also make cashless payments possible in Zurich at the weekly market, Street Food Festival and trade fair stands. mCashier is a cheap and simple-to-use entry-level product for cashless payment and is therefore especially suitable for small companies. The solution, which comprises an app (iOS or Android) and a card reader, turns a market trader's smartphone or tablet computer into a secure mobile payment terminal.

Zürcher Kantonalbank already works together with SIX in providing Paymit, the solution for making immediate payments from one mobile to another. mCashier is the ideal supplement for ensuring the acceptance of Paymit. The solutions are planned to be merged from 2016 to enable merchants to accept cards and Paymit payments with the same app, according to the customer's wish.

SIX, the market leader for cashless payment, is also selling mCashier directly and via its partnership with St. Galler Kantonalbank and thus already has experience with the new product. In addition to the attractive price, customers can benefit from the practical card reader, which is simple to connect to most standard smartphones and tablet computers via Bluetooth and enables mobility thanks to the use of 3G and WLAN connections.

Working together, Zürcher Kantonalbank and SIX are responding to a growing customer need for simple, mobile and secure payment solutions.

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