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2can together with Master-Bank has launched the service of receiving payments by credit cards using mobile devices

The leader of the mobile acquiring 2can (ZAO Smartfin) has launched a joint project with OAO Master-Bank - Mobile Terminal. Mobile Terminal is an innovative service that allows to accept payments by credit cards Visa, MasterCard and ChinaUnionPay using a card reader connected to a mobile device (smartphone or tablet PC).

First of all, this service will be in demand by small and medium-sized businesses engaged in itinerant trade, insurance and taxi industry. Instead of the traditional POS-terminal for bank cards a courier or a seller can accept payments using their own smartphone with the connected card reader and the installed application 2can.
To receive a payment it is enough simply to insert a card reader into an audio jack of the mobile device, run the application, enter the sum and payment purpose, and to swipe a bank card. The customer confirms payment with the signature on the screen. The check comes to the specified email address or as SMS-message. In the private office there are functions of monitoring, payment management and reporting convenient for the seller. A high level of security is guaranteed to the customers due to the data encryption system for the data transmitted from a card into a smartphone, and correspondence to PCI DSS standards.
"Developing the service of mobile acquiring we actively try to engage new partners into the process, and the beginning of cooperation with such a major player in the market as Master-Bank will make the service even more affordable", - comments Maxim Morozov, the Director of Business Development, ZAO Smartfin.
"Our introduction of mobile payment service together with the company 2can will allow Master-Bank to cover new segments and groups of the customer base, as well as to continue formation of the positive image of mobile devices as safe and comfortable means of payment among customers", - says Polina Putnaya, the Head of Direct Sales of OAO Master-Bank.

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