Morpho, Portugal, recently launched MobiPag, the latest payment pilot project, to turn NFC mobile phones into mobile POS for payment and receipt. The partners include major Portuguese operators and credit card and clearing giants MasterCard and Visa.
Prior to the pilot of the project, a two-year design and development was carried out to provide merchants with a simple way of acquiring.
It is sponsored by CEDT, with the support of CEDT, and is supported by the three major operators of Portugal, TMN, Vodafone Portugal, Optimus, as well as financial institutions such as SIBS FPS, BPI, MasterCard Europe and Visa Europe. stand by.
Morpho said the project is a good example of integrating industry roles such as telecommunications, payments and technology to advance mobile payment development. It is understood that the MobiPag project only announced the pilot dates of several projects, but there is no comprehensive promotion plan.
Turning NFC mobile phones into mobile POS can solve the problems that terminals lack in mobile payment, but the security of payment needs confirmation from all parties in the industry, especially financial institutions. After ensuring the security of payment, how to let consumers and merchants accept such a payment method is a long process.
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