2025-07-06, Sun.

Top Stories       Business       Culture & Life       Science & Technology       World

Lecture

Notification

 

NEWS > Business


Samsung and Mobeewave Partner to Deploy mPOS Payments Worldwide

Date: 2019-10-15

SEOUL, Korea – October 15, 2019 – Samsung Electronics today announced that in partnership with Mobeewave, a pioneer in contactless mobile card payment acceptance, the company will deploy NFC-enabled contactless payment acceptance on mobile devices worldwide starting Oct 15, 2019.
 
Over the past several months, the two companies have worked together on a pilot in Canada, testing Samsung POS, a secure, mobile-based, Point Of Sale (POS) solution. Samsung POS enables merchants to accept debit and credit payments by tapping contactless cards, Samsung Pay, Apple Pay, and Google Pay wallets onto Samsung NFC-enabled devices - without dongles, cables or other additional hardware.
 
The pilot generated over 10,000 downloads of Samsung POS, driven by transactions micro-merchants and small businesses in a variety of industries looking to grow their revenue by accepting card payments.
 
Merchants who want to accept mobile payments can easily download the Samsung POS app from the Galaxy Store or Google Play Store and go through a simple sign-up process within the app to register as a merchant.
 
Samsung also provides simple payment solutions for consumers through the Samsung Pay digital wallet, enabling them to pay with their device in Samsung Pay launched countries. Samsung POS now allows the company to provide a frictionless and cost-effective POS solution to businesses.
 
“We’re excited to launch this solution with our strategic partner, Mobeewave. Their patented contactless payment processing platform is the only mobile-based solution accepting Mastercard, Visa and Interac transactions in pilot in Canada. Mobeewave has passed numerous certification and security processes, to deliver a highly secure payment acceptance solution to merchants in a variety of verticals. Their proprietary technology allows us to launch this new solution on a global scale,” said Sunny Park, VP and Head of Service Operation Group, Mobile Communications Business at Samsung Electronics.
 
“Together with Samsung, we’re creating a brand-new market segment with an opportunity to offer the untapped micro and small business market with an easily accessible, highly secure, low-cost and easy-to-use mobile payment acceptance solution. There are an estimated 25 million micro-merchants and approximately 5.5 million small merchants worldwide*, many of whom are unable to grow their business due to a lack of easily accessible and affordable payment acceptance services. We aim to drive incremental revenue for these businesses through our secure solution,” added Maxime de Nanclas, co-Founder, Mobeewave.
 
Samsung and Mobeewave will be deploying their solution first in Canada from October 15, 2019, and plan to expand globally starting



 to the Top List of News

OQP BioM Shareholder Alliance: Quest-pharma Tech's Takeover Bid for OQP BioM Meets Scrutiny Amid Accusations and Silence
Mars¡¯ Pending Acquisition of Kellanova Clears FTC Antitrust Review
Rigaku Expands Production Facilities for the Semiconductor Market
Gigaphoton Triples its Field Service Capacity in Kyushu
WebPros Expands Web Enablement Ecosystem with Strategic Acquisition of Comet Backup
HistoSonics Wins First Insurance for Non-Invasive Liver Tumor Treatment with BCBS Michigan
Andersen Consulting Enhances Business Transformation Capabilities With Addition of The Clearing

 

ZEDRA Appoints Dean Blackburn as CEO
ExaGrid Expands Cohesity Partnership With New Integrations, Enabling S...
Bentley Systems, Enactus Launch 2025 iTwin4Good Challenge Amid Global ...
TH Global Capital Wins ¡®Boutique Investment Bank of The Year¡¯ for 3r...
MSCI Announces Results of the MSCI 2025 Market Classification Review
Expensify Expands Global Support for Company Cards, Languages, Billing...
¡®TH Growth Strategy + Deal¡¯ to Drive Sustained Value Creation for Cl...
Celonis Named a Leader for Sixth Consecutive Year and Star Performer i...
Lenovo Ranks 8th in the Gartner¢ç Supply Chain Top 25 for 2025
Auramet Closes $350 Million Syndicated Revolving Credit Facility to Su...

 

 

60, Gamasanro 27gil, Guro-gu, Seoul, Korea, e-mail: news@newsji.com

Copyright, NEWSJI NETWORK.