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Dream Payments launches mobile merchant services platform

23 February 2016  |  1759 views  |  0 Source: Dream Payments

Dream Payments, a Toronto based fintech solution provider and payment cloud operator, today announced the launch of the Dream Mobile Merchant Services Platform.

The platform enables banks and merchant acquirers to provide businesses of all sizes with an entire suite of mobile merchant services, including mobile point of sale applications, payment terminals, merchant onboarding, secure payment processing, and business analytics.

Having launched a rapidly growing MPOS and mobile payments service for mobile businesses in 2015, Dream has now opened up its cloud-based Mobile Merchant Services Platform as a white label solution for banks and merchant acquirers. This announcement comes as the payment processing industry undergoes a major transformation, with merchants worldwide replacing legacy and fixed point of sale terminals with innovative, lower cost, EMV MPOS solutions.

"Banks and acquirers now have the ability to rapidly deliver mobile merchant services to business customers," said Brent Ho-Young, CEO of Dream Payments. "With Dream, banks and acquirers can finally attract and provide mobile payment services to businesses through a cloud-based, cost effective, and flexible platform."

Transforming and Mobilizing Merchant Services

The Dream platform delivers the mobile merchant services desired by today's leading banks and merchant acquirers.

Mobile Point of Sale Applications

The Dream Mobile Merchant Services Platform includes pre-built, white label MPOS applications for iOS® and Android™ based smartphones. These mobile apps allow merchants to accept payments, issue receipts, manage product catalogues, and view real-time sales and analytics.

Universal Mobile Payment Terminal Support

Dream supports EMV contact and contactless mobile payment terminals from leading terminal manufacturers. With Dream, acquirers can choose pre-integrated and certified devices that meet the needs of mobile merchants and dramatically reduce the cost and time required to bring new payment solutions to market.

Retail Distribution

Dream enables bank and merchant acquirers to sell and remotely activate mobile payment terminals through retail stores, bank branches, and mobile network operator locations. Dream's retail distribution and remote activation capabilities unlock alternative sales channels for merchant acquirers; channels that reduce the traditional costs required to attract, onboard, and support new merchants.

Third Party Software Development Kit ("SDK")

The Dream SDK provides merchant acquirers, banks, and third party developers with the ability to customize Dream's white label mobile applications and to add payment accept services to their own mobile apps. With the Dream SDK, Dream's partners have the ability to create unique, differentiated, and value added applications and services that enable merchants to manage their business from their mobile devices.

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