Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments, today announced a series of new enhancements to its PAYD family of mobile point-of-sale (mPOS) solutions. Enhancements include the introduction of the Verifone e355 mobile PIN Pad to help increase payment processing efficiency for businesses on the go, and a brand new interface for the PAYD Pro Plus mobile application, making it easier for businesses to manage their sales and operations.
Businesses are increasingly adopting mPOS solutions that connect to smartphones and tablets, with mPOS solutions expected to account for more than a third of all POS terminals by 2021. 1 Enhancements to the PAYD family of mPOS solutions improve the way small businesses accept payments and manage important business tasks. The e355 mobile PIN Pad for PAYD Pro and PAYD Pro Plus supports Bluetooth and Wi-Fi connectivity, and enables businesses to accept a variety of secure payment options, including contactless, chip & PIN and swipe. Both PAYD Pro and PAYD Pro Plus offer businesses simple, affordable pricing and the ability to accept Interac® Debit transactions.
“Consumers are increasingly using digital technologies like contactless payments and mobile wallets at the traditional point-of-sale, prompting merchants to seek out mPOS solutions that meet the same standards for security and convenience,” said Malcolm Fowler, Chief Product and Partnership Officer, Moneris. “By offering a full-feature chip & PIN and contactless mobile PIN Pad, Moneris is providing merchants and consumers with the same secure technology they are familiar with in-store, allowing for greater ease and peace of mind when accepting payments on the go.”
New PAYD Pro Plus mobile application
PAYD Pro Plus, the retail POS solution for iPads, has received a new user interface and design to help improve the way businesses manage their sales and operations. The new PAYD Pro Plus application has been optimized to run on the latest versions of Apple’s iOS platform and features Touch ID at login for added security.
Merchants using the current version of PAYD Pro Plus will have all of their store and business information transferred seamlessly to the new version of the app. The brand new app is available for download today in the App Store.
Improved payment processing with the e355 mobile PIN Pad
The Verifone e355 mobile PIN Pad offers businesses faster processing speeds and a more robust design for increased reliability and durability. Key features of the PIN Pad include:
• High-speed Wi-Fi and Bluetooth connectivity;
• Supports latest industry security standards;
• Long-lasting battery for enhanced usability;
• Vibrant, backlit colour screen made of Corning® Gorilla® Glass for maximum durability.
Healing on the Danforth, a holistic therapy centre in Toronto, uses PAYD Pro with the e355 PIN Pad to accept credit and debit card payments from clients.
“The e355 has been a great addition to my clinic because it allows me to bring the payment experience directly to clients rather than have them wait at a counter,” said owner, Timothy Phillips. “It’s very easy to use, sleek and fast. I’ve had comments from many clients who appreciate the speed of the transaction.”
The Verifone e355 mobile PIN Pad pairs seamlessly with PAYD and PAYD Pro Plus applications running on a smartphone or tablet. The VeriFone e355 is available now for PAYD Pro and will be available for PAYD Pro Plus in late October.
As one of North America's largest providers of payment processing solutions, Moneris (moneris.com) offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions, annually. Moneris also offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments.
 Juniper Research. Worldwide mPOS Markets: Devices, Technologies & Growth Opportunities 2016-2021. June 2016