Posted on 09/14/2012 at 14:27
Wirecard launches Mobile Card Reader solution for smartphones
White-label program incl. wallet app / Mobile card acceptance via credit card and direct debit at point of sale
Munich-based Wirecard AG has once again proved its innovational prowess with its new card-reader concept for smartphones. The white-label program comprises various card-reader solutions, the associated card acceptance and wallet application, as well as open interfaces for developers. The card readers are connected to smartphones or tablets and support both the EMV standard as well as magnetic stripes for mobile card payments at the point of sale. The end customer confirms payment via a touchscreen signature or via PIN entry.
This solution is suitable for all industries. In particular SMEs that want to operate flexibly, independent of traditional terminal solutions, while offering secure card payments using mobile devices are potential users for the card reader. The fact that no additional terminal hardware is required is of particular advantage. Wirecard Bank AG provides card acceptance for the SEPA region. However other acquiring banks can be integrated around the world.
An innovative provider of cash-desk and settlement systems for the gastronomy sector will already start to roll-out the card reader in August 2012.
“New mobile technologies provide impetus on the market for payment services, and drive convergence,” explained Dr. Markus Braun, Wirecard AG’s CEO. “We use the entire bandwidth of the group’s services: from payment processing to banking services, product design to marketing support.”