Vodafone Italia, Intesa Sanpaolo launch mPOS kit

Wednesday 27 November 2013 00:51 CET | News

Mobile network operator Vodafone Italia has joined forces with financial institution Intesa Sanpaolo Bank and its mobile payment subsidiary Setefi to develop a cashless payment kit targeted at traders in Italy who do not yet have a point-of-sale (POS) system.

The kit developed by the three companies consists of a smartphone or tablet from Vodafone and Setefi’s ‘Mobile Move and Pay Business’ POS.

The mobile POS reader offered accepts payment via Visa, MasterCard and cards of the Bancomat consortium.

Although there is no rental charge or activation cost for the reader, customers pay a percentage of each transaction based on actual usage. After downloading the free Android or iOS app, the Vodafone smartphone or tablet connects with the POS via Bluetooth and customers can begin receiving payment for goods or services.

In recent news, Intesa Sanpalo Bank has launched a mobile banking service dubbed m-Intesa in Bosnia and Herzegovina.

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Keywords: Vodafone Italia, Intesa Sanpaolo, mPOS kit, mobile PoS, POS, POS reader, cashless payments, mobile payment, Setefi, Mobile Move and Pay Business, Visa, MasterCard, Bancomat
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce