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Hybrid Paytech, BancNet sign managed service agreement in the Philippines

Monday 12 November 2012 08:49 CET | News

US mobile payment services provider Hybrid Paytech has signed a managed service agreement with Philippines-based electronic banking consortium Bancnet.

Under the agreement, Hybrid is set to become an authorised Point of Sale/Service (POS) hardware provider to BancNet and will be working cooperatively to integrate standard POS terminals and mobile handheld technology to the BancNet POS network.

Hybrid Paytech enables payment systems focusing on authentication, approved security and merchant adoption in fleet, delivery, logistics and retail industries. The company has market access to over 3 million merchants worldwide.

In recent news, Hybrid Paytech has entered a partnership with Canadian reseller of enterprise hardware and software PiiComm to integrate their existing merchant accounts to enable payment and checkout on mobile devices.


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Keywords: Hybrid Paytech, BancNet, managed service agreement
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce