This initial mPOS pilot project is set to be targeted at selected merchant retail outlets. This will give Equity Bank the necessary data to implement a more in-depth countrywide roll-out of the Ezetap mPOS solution.
The mPOS solution from Ezetap includes three components: a mobile phone, the mPOS card reader payment application and the Ezetap mPOS card reader that plugs into the mobile handset. The card reader allows the retailer to swipe debit, credit or prepaid cards.
In recent news, Credit union service organization PSCU has entered an agreement with MasterCard to offer the MasterPass digital payment service to its almost 700 Member-Owner credit unions.
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