OTP Mobile has developed the SimplePay platform containing an online software solution for ecommerce merchants including support for wire transfer payments, and the SimpleBusiness solution for face-to-face card payments.
The partnership will enable SimpleBusiness to offer a SoftPOS solution to small businesses and micro merchants via their Android smart phone or tablet using MYPINPAD’s SoftPOS CPoC (Contactless Payments on Commercial off-the-shelf) PCI certified solution, and CircleBlue Pay’s Payment Infrastructure services.
OTP Mobile merchants acquired via OTP Bank will no longer require additional hardware to accept payments and users can now pay with their preferred mobile wallet or other payment methods such as QR codes.
The service is live with a small group of selected merchants, with the solution getting a full roll out across Hungary in 2022 via OTP Mobile, OTP Bank’s own sales channels, and users of the SimpleBusiness app.
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