As the first and only neutral processor for payment providers offering in addition to e-commerce also m-commerce and point of sale (card present) transactions in one single platform, we see an enormous success rate for our clients in acquiring a totally new merchant segment. Merchants highly appreciate the offer, processing all their transactions, online, mobile and traditional POS transactions through one single channel, with one platform, one reporting tool and one single point of contact.
In the first 6 months only, payment providers relying on services provided by PAY.ON have boarded more than 10.000 merchants on the platform, which is a huge success that we have not expected. Currently more than 100 merchants register every day.
Together with our partner payworkswe are the only white-label-only provider offering fully-certified end-to-end solutions for mobile POS. The solutions are launched by our clients in their corporate entity in their brand for iOS, Android and Windows Mobile operating systems.
PAY.ON relies on PCI and FIPS 140-2 Level 3 certified hardware security modules (HSMs) provided by Futurexthat are used at the data centers in London, Munich, and Salzburg. The Miura Shuttle is the preferred PIN entry device and is already tightly integrated and certified. Nevertheless the solution is capable to be certified with any hardware manufacturer and any of the more than 100 globally connected credit card acquirers connected to the platform.