Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, announced an agreement with Mobeewave, a Montreal-based technology company, to offer its Canadian clients an innovative new mobile payment acceptance solution. The solution is designed to enable secure, in-person payment transactions, made with any contactless credit card or mobile wallet (e.g. Apple Pay®, Samsung Pay, Android Pay™), directly on an NFC-enabled mobile device, without the need for additional hardware such as a card reader or dongle. The transaction is designed to be enabled and secured directly within the device, using point-to-point encryption.
“Advances in mobile technology are enabling our merchants and partners to benefit from entirely new payment experiences that change the way consumers and merchants interact,” said Frank T. Young, SVP, Global Product and Innovation at Global Payments. “We are thrilled to partner with Mobeewave to deliver this innovative new mobile acceptance solution to our Canadian clients.”
“We are delighted to have such a forward-looking partner as Global Payments,” said Benjamin du Haÿs, Mobeewave’s CEO and co-founder. “While mobile payments have previously been the focus of industry interest, mobile payment acceptance is the necessary next step leading the industry to a complete mobile payment offering. Also, we know Canada is the ideal market to premiere the solution because Canadian consumers are well accustomed to tapping their contactless cards to pay and readily embraced mobile phones as acceptance points in a recent pilot we conducted.”
Global Payments and Mobeewave are currently working together to bring the solution to market in spring 2016.