VeriFone Expands PAYware Mobile to Global Markets

by Mercator Advisory Group 0

In a year that is deemed to be the arrival year of NFC mobile payment solutions, VeriFone is promoting its next-generation, mobile phone-based, PAYware payment acceptance solution to the worldwide market.

With this solution, small businesses around the world will be able to accept smart card, mag-stripe card and contactless-based payments anywhere at any time.

The second generation of PAYware Mobile will be available in the UK and Canadian markets during the first quarter of 2011. In addition, PAYware Mobile will be introduced into additional countries across Europe, Latin America and Asia throughout 2011.

The UK was among the few earlier European markets to fully adopt EMV, and Canada is actively moving EMV as well. The US, on the other hand, has yet to engage in a pan-industry initiative towards EMV though there are actitivies and voices about moving towards EMV.

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