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NewProducts

Company: Paysafe Group
Product: Mobile Pay
Website: www.paysafe.com
Contact: elizabeth.potter@paysafe.com

Attract high-quality merchants

with best-in-class mPOS

aysafe Group launched Mobile Pay follow- Mobile Pay's permission levels facilitate a seamless multi-
ing a successful U.S. pilot in the third quar- user experience, Potter noted. Customizable, role-based ac-
ter of 2019. Used by nearly 17,000 small and cess enables employees to manage payment flows and pro-
P midsize businesses (SMBs) nationwide, the cess sales, refunds and invoices. Managers can view staff
flexible mPOS solution combines Apriva software with activities, inventory updates, reporting and sales history in
AnywhereCommerce hardware. Mobile Pay is available in real time on the Mobile Pay dashboard, creating and sus-
the Amazon Appstore, Apple App Store and Google Play pending users as needed.
and works on iOS, Android and Amazon platforms. It sup-
ports all major payment methods, including contact and Automated tax calculations, compliant with state and mu-
contactless smartcards, magstripe cards and digital wallets, nicipality guidelines, are continuously updated according
the company stated. to complex, evolving regulations in each jurisdiction, she
stated, adding that this feature, combined with searchable
A recent Paysafe survey, titled Lost in Transaction: Payment reports and remote device, inventory and invoice manage-
Trends 2018, found 30 percent of American card-present ment tools, helps merchants improve operational efficien-
SMBs plan to add mPOS apps by the end of 2020. "Smart- cies and regulatory compliance.
phones in particular seem ideally suited to use as payment
devices, thanks to rapidly improving security and advanc- Enhanced user experience
es in built-in biometric authentication," researchers wrote. Mobile Pay provides a frictionless user experience using
They noted 74 percent of consumers surveyed would use market-leading Apriva mobile app and AnywhereCom-
mobile wallets to purchase high-ticket items if limits were merce Walker BT card reader peripheral with Bluetooth
raised. and USB connectivity, Potter stated. Receipt options in-
clude Bluetooth printer, email and SMS text.
O.B. Rawls, CEO, global payment processing at Paysafe,
has seen widespread adoption of connected devices among Potter also mentioned that the simple user interface is easy
small and midsize merchants. "Smart phone and tablet us- to navigate, with little to no training needed. In addition to
age in the United States has never been higher, which is processing credit, debit, cash and check transactions, users
serving as a catalyst for the strong growth in mobile pay- can schedule and manage periodic and recurring card-on-
ments, especially in the SMB space," he stated. "Mobile Pay file payments and subscription billing, she stated.
is a timely solution and a true step forward in mobile pay-
ments through two 'best in class' Paysafe partners: Apriva The secure, PCI-compliant solution uses two-factor authen-
and AnywhereCommerce." tication and supports up to nine employee logins. Mobile
Mobile business management Pay merchants can manage devices and staff members, add-
ing, removing or suspending devices and users as needed.
Wimbish Potter, senior vice president, product delivery Mobile Pay sales partners receive Paysafe and Apriva sup-
at Paysafe, attributed Mobile Pay's rapid adoption to port, fast account onboarding, sales slicks and user guides.
its intuitive user interface and business management
capabilities. "High-quality, high-volume merchants use "Together with our partners, Paysafe builds long-term rela-
Mobile Pay," she said. "Pricing tools, reporting features and tionships by creating a migration path for merchants," Pot-
cloud-based inventory management capabilities enable ter said. "We focus on where they are today, where they
them to manage an entire enterprise from anywhere." want to go and how to help them grow their business."

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