Tappr, a Brisbane-based mPOS company has formed a partnership with Mint Payments, integrating its POS application within Mint’s ‘‘card present’’ payment solution.
Tappr will now be able to accept payments from Visa and MasterCard consumers, as well as EFTPOS through Apple Pay, contactless, chip and pin, and magnetic swipe. The Tappr solution will consist of a reader, app and dashboard analytics.
The new partnership aims to target small and medium-sized enterprises (SMEs) in Australia. Small business owners who can’t afford expensive mobile payment solutions can use the Tappr solution to process contactless payments at a much lower cost.
‘‘We are delighted to have been chosen as a payments partner by such an innovative company and we are looking forward to working with Tappr to provide SME’s with a unique and cost effective POS solution,’’ commented Alex Teoh, CEO of Mint.
The Australian transaction market is an expansive one. In 2014, the nation processed $18m per month in debit card transactions and $19bn per month in credit card transactions.
‘‘Tappr will capitalise on the rapid growth in the mPOS and mobile payments industry by offering the Tappr solution directly to SME’s and retailers. Tappr’s vision is to be a market leader in the mPOS space by the end of 2015 and our partnership with Mint, a leading payments solution provider in Australia, will allow us to do that,’’ explained Brett Hales, CEO of Tappr.
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