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South Africa: Absa to launch mobile payment device for small businesses

Tuesday 4 December 2012 11:13 CET | News

South African financial services provider Absa Group has entered an agreement with payment services provider thumbzup to launch a plug-in device dubbed The Absa Payment Pebble.

The Absa Payment Pebble is a small card-reader device that plugs into an audio input on mobile smartphones or tablets and includes a mobile application. The device is set to enable businesses on-the-go across South Africa to accept debit or credit card payments using their smartphones or tablets. Absa is set to provide the Absa Payment Pebble as a value added service to all small business owners and merchants on-the-go with availability scheduled for early 2013.

As a first step, the merchant downloads the Absa Payment Pebble’s mobile app and, once registered, receives a pre-configured Absa Payment Pebble that plugs into the mobile phone. Once plugged into the mobile phone Absa’s Pebble is turned into a mobile point-of-sale terminal where merchants can accept card payments by “dipping” the card into the Pebble, entering the PIN and following the prompts on the mobile application to conclude the transaction.


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Keywords: Absa, mobile payment device, Absa Payment Pebble
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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