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Visa Adds Additional mPOS Providers

Visa logo 60pxhVisa Inc. has announced that it has signed agreements with three additional mobile point-of-sale (mPOS) providers to enable merchants to accept Visa payments using mobile technology.

iZettle, SumUp and SCCP Group’s Swiff, will participate in the Visa Ready Program to have their mobile acceptance hardware and software tested and approved for use with Visa payments. Visa also announced that approval of two new mPOS devices by AnywhereCommerce and Miura Systems to accept Visa payments.

“The Visa Ready Program is designed to provide innovators with an easy way to collaborate with Visa and gives merchants and consumers the peace-of-mind they need when transacting with a mobile phone,” said Jim McCarthy, Global Head of Innovation & Strategic Partnerships, Visa Inc.

“Mobile acceptance technology is precisely the kind of innovation we need to bring the benefits of electronic payments to more merchants, financial institutions and consumers around the globe.”

From 2011 to 2012, the number of mobile point-of-sale terminals in operation worldwide increased 111 percent, from 4.5 million to 9.5 million, and it is expected to reach 38 million by 2017.

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There are millions of Mobile POS solutions in-market today - that’s millions of merchants who have spoken loud and clear about the benefits of moving from cash to electronic payments. In November 20012, MasterCard introduced the MasterCard Mobile POS Program to provide guidance to Mobile POS solution providers and promote simple and secure transactions when consumers use their debit, credit and prepaid cards to pay merchants that use these devices. To date, the following Mobile POS solutions providers have successfully completed the registration and self-certification process for their solutions: CHARGE Anywhere, Corduro, Elavon, Ezetap, Handpoint, Itos, iVeri, iZettle, JSC Smartfin (2Can), Miura Systems, MRL Posnet, NetSecure Payments (Kudos), Payleven, Payworks, ROAM, SCCP (Swiff), Soft Space, Square, SumUp and Thyron Systems. All Mobile POS solution providers currently not registered in the program are invited to register and self-certify their solution against MasterCard’s best practices.

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