SIX launches mPRIME – the new mobile payment terminal

SIX is introducing a new mobile terminal – mPRIME – offering merchants and traders maximum flexibility for cashless payments.

mPRIME allows payments to be processed quickly, easily and securely via the merchant’s tablet or smartphone (iOS or Android). Regardless of where the point of sale is – in the store, at a trade stand or on the move – mPRIME is an easy-to-use entry-level product for merchants who want to offer their customers the option of paying by card, and is also suitable as an inexpensive second terminal.

mPRIME is cost-effective and time-efficient: the SIX mPRIME app for Android and iOS can be downloaded free of charge from the respective stores. mPRIME allows acceptance of all major credit and debit cards (Visa, V PAY, Mastercard, Maestro, American Express, PostFinance, Diners Club, Discover, UnionPay and JCB) and meets the latest security standard. Contactless payments using near-field communication (NFC) and billing in customers’ home currency (DDC) are also provided. For large companies, mPRIME can also be enhanced with a barcode scanner and integrated into existing cash register systems.

Roger Niederer, Head Merchant Services at SIX Payment Services, views mPRIME as an on-trend addition to the SIX portfolio: “With the new mPRIME mobile payment terminal, we are responding to the growing demand for mobile points of sale and also supporting smaller merchants with straightforward, modern payment solutions.”

mPRIME is now available in Switzerland. SIX is planning rollout in Luxembourg and Austria for spring 2018. Further information at: www.mprime.me

SIX Payment Services offers financial institutions and merchants secure, innovative services along the entire value chain of cashless payments. Our tailor-made solutions include settlement of domestic and international payments by credit, debit and prepaid card. One of Europe’s largest card transaction processors and market leader in Switzerland, Austria and Luxembourg, SIX Payment Services ensures that card-based payments in Switzerland and abroad are both accepted and processed. With around 1,100 employees and 10 locations worldwide, SIX Payment Services supports clients in 33 different countries. www.six-payment-services.com

SIX operates the infrastructure underpinning the Swiss financial sector and offers a comprehensive range of services around the world in the fields of securities trading and settlement, financial information and payment transactions. The company is owned by its users (approximately 130 banks of various orientation and size). Its workforce of over 4,000 employees and presence in 25 countries throughout the world generated operating income of CHF 1.8 billion and a Group net profit of CHF 221.1 million in 2016. www.six-group.com