Payments processor HSBC Merchant Services and mobile chip and PIN device maker team up to allow merchants to take card payments using their smartphone or tablet
HSBC Merchant Services has launched a mobile card payment processing product in partnership with eMerit.
HSBC claims that even small merchants can use eMerit’s chip and PIN devices, which plug into a smartphone or tablet to accept secure card payments.
Yes Telecom founder Keith Curran (pictured right) joined eMerit as business development director in January 2011 to help develop the devices, which include the version for HSBC that is EMV, PCI, DSS and major credit card scheme compliant.
Mobile News first reported the deal between eMerit and HSBC in December last year.
HSBC said the device will be available to “selected” merchants in the near future and to all by the end of the year.
HSBC Merchant Services managing director Chris Davies said: “The current economic climate has resulted in increased pressure on sole traders to retain loyal customers.
“By accepting credit, debit and gift card payments through smartphones and mobile device s, the eMerit device gives merchants the ability to process payments that will ultimately drive forward repeat business – quickly and easily.”
eMerit CEO Tim Corke (pictured centre) said: “Within the eMerit range, we are delighted to offer a fully-compliant product that provides a new and exciting environment for merchants, whilst still adhering to an experience that card holders are completely comfortable with.”
“Initially targeting UK businesses, our wide range of value-add tools for merchants of all sizes provides a truly compelling business case in a card accepting environment.
“We are genuinely excited about our relationship with HSBC Merchant Services, and about working together in full support of the major UK card schemes to maintain and extend the undoubted tole that chip and PIN has played in driving down card fraud.”