NEW DELHI, August 4, 2015 /PRNewswire/ --
Mahindra Comviva, the global leader in providing mobility
solutions, today announced that its payPLUS mPOS solution
has been approved by Visa for inclusion in the Visa Ready Program.
The solution provides a payment acceptance system that
complies with Visa Inc's applicable Visa Ready Program requirements
for mPOS. By adopting payPLUS solution, merchants as well
as customers can enjoy the benefits of payment acceptance from
virtually any location.
(Logo: http://photos.prnewswire.com/prnh/20130626/625127 )
An integrated payment solution, payPLUS converts the
ubiquitous mobile into a Point-of-Sale device and helps small and
large merchants to extend anytime anywhere commerce. By serving
consumers who prefer the convenience of cards, businesses not only
win back lost sales opportunities, but also enhance customer
loyalty. It enables merchant acquirers to equip businesses of any
size with card acceptance - whether a large enterprise needing
mobility or a small business that needs to serve customers at home
or on the road.
"With businesses going mobile today, mPOS has the power to
transform payments and commerce in various geographies. Basic
mPOS-enabling hardware is now a commodity, and the key to revenue
growth and differentiation lies in the business
enablement services offered by mPOS. Through Visa
approved payPLUS, we will continue to provide safe, secure and
seamless payment acceptance that complies with Visa Inc.'s
applicable requirements," said Srinivas Nidugondi, Senior VP & Head of
Mobile Financial Solutions, Mahindra Comviva.
Mahindra Comviva's payPLUS solution goes way beyond
merely facilitating card transactions anywhere by adopting an
integrated view of the entire ecosystem of banks, telcos, merchant
acquirers, merchants and consumers. It combines the power of a
lightweight mobile app and a card reader, and fully complies with
EVM Chip+PIN and Chip+Sign global standard to offer multiple
payment options including credit / debit / prepaid cards along with
open and proprietary wallets.
About Mahindra Comviva
Mahindra Comviva is the global leader in
providing mobility solutions. It is a subsidiary of Tech
Mahindra and a part of the USD 16.5
billion Mahindra Group. Mahindra Comviva
enables service providers to enhance customer
experience, rationalize costs and accelerate revenue growth.
Its mobility solutions are deployed by over 130 mobile
service providers and financial institutions in over 90
countries, transforming the lives of over a billion
people across the world.
For More Details : http://www.mahindracomviva.com
Media contact:
Sundeep Mehta
Global PR & Corporate Communications
Contact: +91-124-481-9000
Email: pr@mahindracomviva.com