Visa has approved payPLUS mPOS solution by Mahindra Comviva for inclusion in the Visa Ready Program.
The payPLUS mPOS solution provides a payment acceptance system that complies with Visa Inc’s applicable Visa Ready Program requirements for mPOS.
The company said customers and merchants can enjoy the benefits of payment acceptance from virtually any location by adopting payPLUS solution.
According to Mahindra Comviva, its payPLUS solution converts the ubiquitous mobile into a Point-of-Sale device and helps small and large merchants to extend anytime anywhere commerce while enhancing customer loyalty.
Mahindra Comviva will provide safe, secure and seamless payment acceptance that compliance Visa applicable requirement.
“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 enablementservices offered by mPOS,” said Srinivas Nidugondi, senior vp & head of Mobile Financial Solutions, Mahindra Comviva.
In June, Mahindra Comviva launched enhanced edition of payPLUS with a omni-channel offering by enabling in app and web based payment acceptance capability to its product suite which allow acquirers and banks to offer multiple acceptance channels to their merchants.
Last year in September, Mahindra Comviva collaborated with First Data to roll out their mPOS solution that is set to make payment acceptance faster and secure for the Indian merchant community.