August 30, 2017Blog Posts

Mastercard to Trial App-Based POS System for Merchants This Autumn

Mobile ID World:

Mastercard is offering new details on a pilot program aimed at letting merchants accept mobile payments without specialized POS hardware. The initiative was first announced at the start of summer. It is an app-driven system; a merchant needs only to download a special smartphone app, and can then accept payments through digital wallets like Masterpass, with the merchant’s smartphone essentially transformed into a payment terminal.

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