Mobile Payments:
Ingenico Group has developed a payment product for micro merchants based on a technology generally called PIN on Glass (PoG) or PIN on Mobile (PoM), according to a press release.
The product will enable consumers to insert their cards in a compact smartcard reader and manually enter their PIN on the personal mobile device of the merchant. This concept was developed with Ingenico’s technological partner, MYPINPAD, a company that specializes in payments software authentication products and headquartered in the U.K.
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