A partnership between the mcommerce technology and payment solutions companies will be used to power Ingenico’s new Mobile Retail Platform (iMRP) with its launch in the States. The platform will combine Ingenico’s iSMP, the first EMV Chip-enabled mobile payment service, with iMobile’s innovative technologies, to allow customers tailored one-to-one in-store experiences. Alongside this, consumers will be able to pay by NFC-enabled mobile devices, contactless or magstripe swipe.
The iMRP will be showcased next week at the Annual National Retail Federation in New York, where it is sure to get a buzz as it is trying to revolutionise retail as we know it. Ingenico has recently been partnering on several projects around the world, including its partnership with MasterCard to provide transport payment solutions in Turkey, alongside projects in Nigeria and Australia with the Central Bank of Nigeria and Coles respectively. All projects are in contactless payments.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
