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New business: Every smartphone will become a clearing device - Walla! Of money

2021-12-19T09:53:54.557Z


Isracard has launched PAYware Touch, an innovative service that will enable every business in Israel to turn its Android device into a clearing device


New business: Every smartphone will become a clearing device

For the first time in Israel, businesses will be able to turn any Android device into a smart clearing terminal.

Isracard credit company has launched PAYware Touch, a new business service that turns a smartphone into a clearing device

Walla!

Of money

19/12/2021

Sunday, 19 December 2021, 11:29 Updated: 11:44

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Meet PAYware Touch, an innovative service that will enable every business in Israel to turn its Android device into a clearing device.



With the new product, which is launched in collaboration with MasterCard and Verifon, and will be called Isracard PAYware Touch, the business will be able to clear payments using an Android device and make non-contact transactions (contacts) in the EMV standard.



As part of the service, business owners will be able to receive payments from any credit card or digital wallet without the need to purchase any hardware.

In other words: by downloading an app it will be possible to allow sellers, waiters, fairs, couriers, freelancers, to receive payment on credit including digital wallets without the need for additional hardware.

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When the smartphone becomes a clearing device.

From the Isracard campaign for business owners (Photo: PR)

There is no longer a need for a special fund

Until now, businesses that wanted to receive credit card payments had to purchase a cash register or hardware, at an additional cost to the business. These businesses will now be able to save on the cost of purchase, and use any Android mobile phone in the business to clear payments anywhere and anytime.



The credit company estimates that the new solution will strengthen Isracard's leadership in the field of the digital payments revolution in the credit card industry, which is reflected in the launch of the option for mobile payments without a card and without contact, including support for Apple's digital wallets, Google and more. The innovative product also addresses the need of businesses for a non-contact payment application that only works by placing the card and / or bringing the digital wallet closer.



Isracard emphasizes that the new service meets the EMV security standard in order to provide maximum safety for customers as well as businesses.



Shimon Hadad Senior Vice President of Business Customers

"Isracard leads to the vision of Shell suggested most complete and advanced traders, in 2021 we have seen the revolution payments on the card holder, and the entry of tech titans and World wallets digital and Israel. We believe 2022 is going to be a year of revolution on businesses.



PAYware Touch will enable every home Business flexibility and convenience in the ability to receive payment in the EMV standard in the most secure way anywhere at any time and thus increase sales and improve customer service. "



Oz Azaria Business Development Director at MasterCard Israel

: "The new product will allow all businesses that have not yet completed the transition to EMV, to make the transition at a minimum cost. In addition, it can allow chains, restaurants, cafes and more to equip their sellers and flight attendants with a device. "Their Android, shorten queues, increase clearing capacity and increase sales. The solution supports non-contact payment with plastic cards and cell phone wallets."

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Tags

  • Isracard

  • MasterCard

  • Business

  • small businesses

Source: walla

All business articles on 2021-12-19

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