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Net Element, PAX Technology partner for contactless payments via Aptito

Friday 30 October 2015 11:26 CET | News

Net Element, a provider of mobile payment and transactional services, has teamed with PAX Technology, a point of sale terminal providers, to enable contactless and EMV-compliant payments via Aptito.

Net Element` Aptito is a mobile Apple iOS-based platform for restaurants and an omnichannel payment processing solution that enhances restaurant efficiency and lowers POS deployment costs. Aptitos cloud-based POS solution combines EMV-compliant end-to-end encryption and tokenization. It also uses the PAX S300 contactless PIN pad which is a device that accepts all types of electronic payments including Android Pay, Apple Pay, Samsung Pay, mag-stripe cards and EMV chip cards.

Launched in October 1, all Aptito all-in-one POS solutions work with a combined PIN pad and card swiper.

Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise in the US, Russian Federation and other international markets.


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Keywords: Net Element, PAX Technology, contactless payments, mobile payments, EMV, Aptito, omnichannel, POS, iOS, tokenization, magnetic stripe cards
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce