Paydiants white label platform uses existing smartphones, POS systems, and payment terminals, including entry-level countertop devices.This patented payment processing method enables retailers, payment processors and banks to integrate mobile wallet functionalities into their own iPhone and Android applications including contactless mobile payments, e-receipts, offer redemption and cardless cash access on existing payment terminals, point-of-sale (POS) systems, ATMs and online shopping carts.
Paydiants payment processing method doesn’t store a customers actual account credentials on the mobile device itself and does not link an actual payment account credential to a 2D code or other tokens which are then scanned at the point-of-sale.
Paydiant is the provider of a cloud-based, white label mobile payment, cardless ATM access, offer redemption and loyalty platform that enables merchants, banks and payment processors to deploy and manage their own mobile payment and ATM access solutions under their own brand and on their own terms.
In recent news, US-based grocery chain Harris Teeter has entered an agreement with Paydiant to deploy a pilot of the latter’s white label mobile wallet as part of Harris Teeter Express Lane online shopping service.
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