India Mobile Money/Tech Info : MTS Launches mPOS – Mobile As Point Of Sale

MTS is all set to launch a revolutionary service called mPOS –
Mobile as Point of Sale that will change the
way products are bought & sold in India. The
user just has to put the mPOS attachment
(portable card reader) on an MTS Smartphone
or tablet through the 3.5 mm audio jack, swipe
the credit/debit card, enter transaction
amount and that is it.
This service has been specially designed to suit
the needs of retailers, home-delivery based
service models like e-commerce players, food
chains, pizza delivery outlets and companies
into direct sales model like FMCG, Insurance
providers etc and equip them to offer
‘payment by card option’ to the customers
anytime anywhere. mPOS is an easy to use,
hassle free, economical and a mobile substitute
to the conventional credit/debit card swipe
machines (Electronic Data Capture Machines)
that works through mobile phones and tablets.
The payments made and received through MTS
mPOS are completely safe and the entire end-
to-end solution is PCI (Payment Card industry)
DSS (Data Security Standards) compliant. The
details of the Credit/Debit Card are encrypted
at the time of swipe. The application uses
Smartphone’s data connectivity to send the
packet out to the host servers. At no point is
the card data saved on the phone or on the
mPOS attachment.

More Info :
MTS Launches mPOS – Mobile As Point Of Sale

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