Under the terms of the deal, PAX provides D200 mPOS device to Cielo Mobile Solution, which offer debit card and voucher payment methods or the Credit function, in addition to regular credit or credit through the chip card reader and pin.
The D200 is currently a Visa Ready and MasterCard approved mobile point-of-sale (mPOS) terminal. The device also includes other certifications such as Contactless, PCI PTS 3.x, SRED and EMV levels 1 and 2. Payment initiated by mobile applications on smart devices can be completed on the D200 devices by EMV smart card readers, magnetic stripes or inbuilt contactless systems. Multiple connectivity options include Wi-Fi, Bluetooth and USB cable.
In recent news, PAX Technology has teamed up with solutions provider Trimax in India to supply 10,000 mobile devices to enable electronic fare ticketing in Bangalore.
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