Estel Technologies, a provider of mobile financial services solutions for MNOs, banks and service providers in emerging markets, has launched its mPOS platform for card payments acceptance in Asia, Africa and Latin America.
Estel?s mPOS technology converts an Android smartphone into a card accepting POS terminal by combining it with a smart mobile application and an external card reader which is attached to the phone via its headphone jack.
The Estel mPOS platform is operated by acquiring banks, or payment service providers, and includes an mPOS merchant device (consisting of Android phone, Estel smart mobile application and approved card reader), and merchant portal, for registration, management and selfcare, with access to sales and transaction reports.
Estel mPOS platform is PCI compliant, supports both magnetic stripe and PIN pad card readers which are set to be EMV certified and it enables electronic signature capture.
Estel Technologies is focused on m-commerce technology offering m-commerce software platforms such as mPOS, mobile banking, mobile money, mobile payments, e-recharge, voucher management.
Source: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/c6jv6g3b8_Y/752631-16
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