MYPINPAD has strengthened its offering after it was granted Visa Ready certification for its Tap to Phone mPOS solution.
The offering has been granted with optional PIN capture for Android devices running Android version 8 and higher. This means that MYPINPAD’s Tap to Phone solution with PIN is now available to all interested Visa acquirers where PIN authentication is required.
Founder of MYPINPAD, Justin Pike, commented: “The Visa Ready certification enables a truly software-based acceptance solution without limits and puts us one step closer to achieving a ubiquitous solution for secure omnichannel payments.
“Increasingly, there is a blurring of the lines between the digital and offline worlds, so meeting the Visa standard for Tap to Phone mPOS with optional PIN capture is a vital step in removing legacy payments hardware. Looking to the future enables the creation of a seamless payment experience for consumers that can be the same across all channels.”
The news marks a significant step to the ambitions of creating a safer and secure omni channel payment environment for consumers of demographics and technological capabilities.
Mary Kay Bowman, global head of buyer and seller solutions, Visa, added: “Now more than ever, billions of people expect the convenience of paying with their cards wherever they shop, yet there are still many situations where digital payments are not an option. Visa Tap to Phone aims to change this, providing sellers with a more cost-effective, secure and turnkey way to accept digital payments via everyday devices, such as a mobile phone or table.
“Our work with partners like MYPINPAD is helping to scale the use of Tap to Phone globally and reduce some of the hurdles a seller – of virtually any size – may face when beginning to accept contactless payments for the first time.”
Expert analysis: Combining MYPINPAD’s technology and Visa’s efficient payment offering can bring a heightened level of safety to the payment experience for many users, at a time when the digitalisation of payments accelerates rapidly.
