Last week saw the payments, fintech and financial services communities come together in Amsterdam to discuss the technology and innovation that are set to change the payments landscape. As a technology provider focused on game-changing technology, it seemed an ideal opportunity to discuss our ‘PIN on Mobile’ solutions with a who’s who of fellow innovators.
Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, will partner with Nexi, the Italian market leader in digital payments, to deliver a pioneering PIN-on-Mobile pilot in Italy before September 2018. Ingenico and Nexi aim to assess merchant and customer acceptance and prepare the future launch of an innovative solution promoting card payments through smartphone which is fully compliant with PCI requirements.
The event that ‘brings together the entire financial services industry’ is back next week, and MYPINPAD is heading to Money 20/20 in Amsterdam to discuss how developments in mobile technology has changed payments acceptance forever.
Card payment acceptance
Consumers are carrying less cash than ever before. This poses a challenge for the five million small merchants in the UK that are still unable to accept card payments. They risk losing sales as cashless consumers often abandon their shopping if the merchant is unable to accept card payments.
This issue has spurred a lot of competition to deliver a new generation of versatile payment technologies. However, with many new solutions coming in to the payments market confusion has crept in regarding terminology and the benefits of different technologies.
Pin on Mobile and PIN on Glass are not the same:
A case in point is the conflation of the terms “PIN on Glass” (PoG) and “PIN on Mobile” (PoM). I often see the terms incorrectly treated as synonyms, as if the technologies they describe are essentially the same thing – which they are not.
PoG and PoM are distinct technologies, with their own features and benefits. Failure to understand the differences between them could mean merchants may not get the payments solution that is right for their business.
MYPINPAD HAND PICKED TO EXHIBIT AT IFC 2018
On 22 March 2018, HM Treasury will host the second International FinTech Conference in London.
The UK’s most exciting FinTechs have been hand selected by a specialist panel to exhibit at this years’ International FinTech Conference. Considered the best of the UK sector, MYPINPAD is proud to exhibit at the event.
WHY WERE WE SELECTED?
The International Fintech Conference offers a unique opportunity to explore why the UK is the ideal place to invest in FinTech. MYPINPAD were chosen to showcase our revolutionary technologies.
We recently hosted an executive briefing at MYPINPAD’s headquarters in Canary Wharf introducing the PCI’s new standard for software-based PIN entry on mobile devices for card payment acceptance.
This week we launch our exclusive video content from the event, which was attended by some of the industry’s most influential figures in retail, tech and payments.
15 March 2018, London, UK: MYPINPAD, an innovator in payments software authentication solutions and Ingenico Group, the global leader in seamless payments, have announced a partnership to pilot ‘PIN on Mobile’ (PoM) solutions for SME merchants & mobility transactions in Europe.
PoM is the latest innovation in payment acceptance for in-store transactions and is set to revolutionise the industry. It has been developed to enhance and expand the current mPOS market offering and to meet the ongoing demand for increased card acceptance points across the globe.
The World’s Largest Gathering for the Mobile Industry
Mobile World Congress 2018 once again took place at Fira Gran Via, Barcelona last week and what an amazing few days it was! Mobile World Congress is a showcase of incredible technology and ideas.
This year, the focus was on ‘creating a better future, today’ with an impressive agenda including product launches, important announcements and an impressive list of guest speakers.
February 2018, London, UK: MYPINPAD, a global leader in payments software authentication solutions, today announced a significant appointment to its leadership team, Neal Hindocha joining as Chief Security Officer (CSO).
Hindocha has a 20-year career background in international IT security, working in research, product development, network security, consulting services and management.
MYPINPAD – LONDON
1 Canada Square
London, E14 5AB
Office Tel: + 44 (0)203 757 6317
MYPINPAD – CARDIFF
3 Assembly Square
Cardiff CF10 4PL
Office Tel: + 44 (0)2920 674437
MYPINPAD – ASIA
21/F Gloucester Tower
15 Queens Road Central