October 31, 2011

Moneris launches mobile payment app for merchants

TORONTO -- Moneris Solutions announced the launch of e-Select plus Mobile App, offering Canadian merchants the ability to accept credit card payments using their smartphones and capture sales on the go.

Merchants can obtain real-time authorization, send email receipts to customers, and generate reports on transaction history through their mobile devices. The bundled card reader accessory plugs into the audio port of the smartphone, allowing credit cards to be swiped for ease-of-use. The Mobile App extends the capabilities of the e-Select plus platform, offering merchants additional convenience and security.

In a recent survey conducted by Moneris, 57 per cent of Moneris Advisory Council members, composed of Canadian small business owners, described their mobile device as a vital asset in the successful running of their businesses. In terms of smartphone usage, 57 per cent of the respondents said they are current users, with BlackBerry® showing the highest level of adoption at 29 per cent.

When it comes to accepting payments with a smartphone, 38 per cent stated that they would be willing to do so, and another 20 per cent were undecided. Many Canadian merchants are looking to be early adopters, with 60 per cent of the respondents stating that they would adopt a mobile payment solution within the first three months of introduction.





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