Accumulate launches mobile merchant app

Stand–alone mobile PoS terminal

The app functions as a mobile PoS terminal and is designed for small businesses and event-based trading functions such as markets and fairs (view press release). The solution is based on Pera Mobile, a global standard for mobile payments, and does not require the installation of any extra hardware. The app works as a stand–alone mobile PoS terminal and enables payment service providers and terminal manufacturers to cater for merchants who only handle cash transactions. The app runs on Android, iPhone and iPad. Purchases are carried out as a money transfer and support mobile wallet and cards in mobile solutions as well as active and passive NFC, QR codes and bar codes. Sensitive data is never stored or communicated during a purchase.

Accumulate CEO, Stefan Hultberg, says that “with this solution, merchants get a secure, easy to use and cost effective payment solution for customers who do not have cash. We are in discussions with a number of providers of payment services and terminals, and interest is very high.”

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