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Zenius Solutions adds real time authorization to mobile contactless acceptance service

Monday 21 September 2009 13:56 CET | News

US mobile payments and NFC software company Zenius Solutions has completed its first end-to-end live acceptance of a contactless credit card on a mobile phone.

Zenius’s new offering adds real-time authorization (RTA) to the company’s existing ZeniusMobilePOS service, released in early September 2009. ZeniusMobilePOS with RTA reads information from a contactless card, performs transaction processing and connects with the authorize.net payment gateway for online authorization. ZeniusMobilePOS with RTA thus interfaces with an external authorization system, allowing on-the-spot authorization for field merchants.

The ZeniusMobilePOS with RTA enables merchants to read and process Mastercard PayPass, Visa payWave, American Express ExpressPay and Discover Network Zip on an NFC-enabled mobile phone. Additionally, transaction information can optionally be stored securely in the Secure Element for later batch processing. ZeniusMobilePOS can support both US and EMV Contactless transactions.


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Keywords: Zenius Solutions, real time authorization, RTA, mobile contactless acceptance, ZeniusMobilePOS
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce