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Saturday Nov 16, 2024
Thursday, 12 December 2013 00:00 - - {{hitsCtrl.values.hits}}
NDB has partnered with Global Payments Asia Pacific Ltd. to introduce an innovative mobile payment technology that converts any smart phone or tablet into a mobile point of sale (mPOS) solution. This award winning mobile payment solution will enable small and medium enterprises to accept card payments with an affordable mobile technology.
Commenting on the initiative, NDB Chief Operating Officer Indrajit Wickramasinghe said “Combining Global Payments’ world class expertise in card payment processing with NDB’s commitment for SME development; we are pleased to introduce the mPOS solution that will help SMEs to establish card acceptance quickly and cost effectively. The business owners can simply download the free application provided by Global Payments on to their smartphone and connect it to a secure card reader to start accepting card payments. It’s easy to use and will enable them to conduct business anywhere in Sri Lanka. We believe this will open up a whole new customer base for SMEs within an economy shifting rapidly towards cashless transactions.
Catering to more SME avenues
“The opportune economic conditions in the country are opening up many avenues for SMEs especially in industries such as tourism and trade. Card acceptance is becoming increasingly important for businesses in such industries since foreign visitors prefer to transact via plastics due to added security and convenience. In contrast to the fixed card acceptance terminals commonly used, the mPOS is portable and thus more user-friendly and feasible for ‘businesses on the go’ - such as home delivery services. Besides, there are many smartphones available in the market today at affordable prices, making the mPOS solution accessible even to the small businesses,” Wickramasighe opined.
“Global Payments is excited to offer this innovative payment solution to more merchants in the country through our strengthened partnership with NDB. This new solution will make it much easier for SMEs to accept card payments and reduce the hassle of handling cash. Merchants can now capture more sales beyond a conventional retail store environment and be supported by world-class service from Global Payments,” said Global Payments Asia Pacific Ltd. Director of Sales, Sri Lanka and Maldives Nazeem Mohamed.
Global Payments Asia-Pacific Ltd. (Global Payments), currently serving merchants in 11 countries and territories across Asia, is a leading pan-Asian card processing company in the region. The company is a division of Global Payments Inc. [NYSE:GPN], a Fortune 1000 company and a leading provider of electronic transaction processing services for merchants, Independent Sales Organisations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Brazil, Europe, and the Asia-Pacific region.
Card payment innovation
Global Payments brings a new level of innovation to card payment processing in the Asia Pacific region with a full range of innovative payment solutions, industry-leading merchant reporting tools, and unparalleled merchant services. The company has a strong Asia Pacific footprint and now operates in Brunei, China, Hong Kong, India, Macau, Malaysia, the Maldives, the Philippines, Singapore, Sri Lanka and Taiwan.
