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AT&T Enters Mobile Payment Acceptance Market

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AT&T-logo-114px.pngAT&T recently announced that it has joined forces with Apriva to turn smartphones into point-of-sale devices that accept credit and debit card transactions.

"Sales increase when small businesses accept payment cards," said Michael Antieri, president, advanced enterprise mobility solutions, AT&T Business Solutions. "And given that an overwhelming majority of small businesses use smartphones, offering a mobile application that ties together payment cards and smartphones makes perfect sense."
According to Generator Research, an independent market research firm, the worldwide mobile payments market is expected to grow from $68 billion in 2009 to more than $600 billion by 2014, a compound annual growth rate of more than 50 percent over the next five years. The Apriva applications provide small businesses with a reliable and secure vehicle to seamlessly tap into this growth.

AprivaPay™ is a browser-based application that enables businesses to process credit and debit transactions through the browser of their mobile phones. AprivaPay Professional is a full featured application that is downloaded directly onto a smartphone. Additionally, the service can be integrated with an optional card reader and a receipt printer, allowing businesses to obtain the financial benefits of "card present" transactions, along with printing receipts.

Apriva is a leader in wireless payment processing. Its wireless technology is utilized by most major banks, as well as governments around the world. For more information on AprivaPay™ and AprivaPay™ Professional from AT&T visit www.att.com/apriva.

Small and medium businesses interested in learning more about AprivaPay™ from AT&T and other mobile applications can visit the Small Business Mobile Application Recommender Tool (SMART) at www.att.com/SMART to identify which mobile application is right for their business. AT&T has added AprivaPay to its portfolio of AT&T mobile applications and authorized users can conveniently purchase it directly from AT&T via this online self-service tool.

AT&T is the first wireless carrier to provide mobile point-of-sale solutions from Apriva.

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