HybridPaytech Selects Vodafone to Connect Its Mobile Payment Service
Aug 26, 2013 (Close-Up Media via COMTEX) --
HybridPaytech announced it has selected Vodafone's global machine-to-machine (M2M) platform to provide connectivity for its mobile payment service.
According to a release, the service allows businesses to equip mobile employees with smartphones or tablets that can securely process credit and debit card payments globally using Vodafone's network. This will allow businesses to fully embrace mobile payments while also introducing new revenue stream and improving the customer payment experience.
Vodafone said it will provide global M2M SIM cards, remote device management tools and highly secure, worldwide connectivity for the mobile payment devices.
Massimo Barone, Founder & Chair of HybridPaytech's Advisory Board, stated, "The ability to process credit and debit card payments anywhere in the world using a wide variety of standard mobile devices will drastically simplify how companies charge their customers. The fact that we can support both credit and debit cards means the mobile payment market can now really take off. By working with Vodafone we not only benefit from a highly secure, comprehensive global network - we also receive international SIM cards and management tools that make it easy to remotely monitor, repair and update the payment terminals."
Andrew Morawski, Head of M2M Americas, Vodafone, said, "M2M is rapidly transforming a wide variety of different industries -and a range of applications from connected cars to smart digital billboards. Companies like HybridPaytech are showing how the technology can also cut the cord on card payments for the first time. This won't just help mobile businesses - it will give peace of mind to customers who, for example, would rather pay for pizza at the door on a secure card machine rather than sharing details over the phone."
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