OMA Emirates, a provider of cutting edge technology solutions for the payment industry, has announced its investment into India based MobiSwipe, a company that specializes in Mobile Point of Sale (mPOS) solutions. The new acquisition will help in broadening the services and solutions that OMA Emirates will now offer in the Middle East, Eastern Europe and the APAC regions.
The mPOS solution which is PCI-DSS and PA-DSS compliant is highly secure with payments accepted anywhere and anytime using an Android smartphone or tablet that is loaded with the MobiSwipe application and is connected to an EMV certified pocket-size card reader. The solution runs on robust Ingenico payment terminals which are clearly supported by mPOS applications.
Niranj Sangal, Group CEO, OMA Emirates Group, stated, “The new investment in MobiSwipe provides us a stronger platform to broaden our set of business solutions and services. The new solution will help us provide our merchants with a wholesome mPOS ecosystem that is a combination of mobility, payment and business processing across all sales channels.”
Features and benefits:
- The MobiSwipe mPOS and mPAY gets seamlessly integrated with the merchants existing POS backup database to retrieve and validate invoice details. This in turn enables instant activation of the service for each transaction while simultaneously connecting with the bank SWITCH to authenticate and authorize each transaction.
- It provides a range of benefits including an easy on-boarding process with simple pricing and inventory management.
- It does not call for new bank accounts and provides mobile and web analytics that is made available on a tablet POS.
- It also helps in boosting merchants’ revenues and enables customers to use the application for bill payments.
