Smart eMoney partners Hybrid PayTech for m-payments in the Philippines

Monday 13 January 2014 09:40 CET | News

US-based mobile payment services provider Hybrid PayTech Asia has entered a partnership with Smart eMoney (SMI), the financial services subsidiary of wireless services provider Smart Communications, for the deployment of a mobile payment ecosystem platform that enables enterprise and retail businesses in the Philippines.

Under the terms of the agreement, SMI is set to use the HybridVIRTUO Ecosystem Platform for mobile point-of-sale (mPOS) rollout which includes a host of services for the enhanced integration with other existing payment systems. The Hybrid platform is set to enable SMI to deploy a suite of compliant mobile payment solutions for businesses and includes Hybrids HybridMPOS APPs, a mobile application built on operating systems for wireless devices such as Android, iOS, Blackberry and Windows Phone.

Hybrids platform which allows for multi-device interoperability using Bluetooth or audio-jack payment acceptance units is set to enable clients of SMI to acquire mPOS MasterCard credit card transactions, allowing processing and acceptance of card payments.

The system is compliant with the Payment Card Industry Data Security Standards (PCI-DSS).

In recent news, Hybrid Paytech has selected Vodafones machine-to-machine (M2M) platform to provide connectivity for its mobile payment service.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Smart eMoney, Hybrid PayTec, mobile payments, mPOS, HybridVIRTUO, MasterCard, PCI DSS, Bluetooth, audio-jack, Philippines
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events