By Aimee Chanthadavong
Implementing mobile technology into the business has long been a topic of conversation for many retailers. Now, one company has introduced a payment system solution to help push that along.
Quest Payment Systems has introduced microPay, a mobile payment system that can be connected to any smart device — tablet or smartphone — or a fixed point of sale system to begin accepting credit and debit card payments through chip and PIN.
Adam Bollas, Quest Payment Systems business development manager, said as retail shops become more fluid so should payment systems.
“I think what we’re seeing is that a lot of businesses are looking for new ways of conducting payments and are being a lot more innovative so they have an edge above their competitors,” he said.
“There are a lot of retailers who are opening up pop-up shops to do business. So because of that they turn to mobile devices to give them that flexibility rather than hiring a fixed POS terminal that can be quite expensive.”
The microPay terminal, which is the size of a credit card, operates through low energy Bluetooth and given that it has pin pad it makes it fully compliant to the pin verification scheme that is implemented by the major credit card companies.
There are also plans to introduce the system with a contactless payment module early next year.