MTS is set to launch a service called mPOS or Mobile as Point of Sale wherein a user will just have to put the mPOS attachment (portable card reader) on an MTS Smartphone or tablet through the 3.5 mm audio jack, swipe the credit/debit card and enter a transaction amount.
This service has been specially designed to suit the needs of retailers, home-delivery based service models like e-commerce players, food chains, pizza delivery outlets and companies into direct sales model like FMCG, Insurance providers etc and equip them to offer ‘payment by card option’ to the customers anytime anywhere. mPOS is an easy to use, hassle free, economical and a mobile substitute to the conventional credit/debit card swipe machines (Electronic Data Capture Machines) that works through mobile phones and tablets.
The payments made and received through MTS mPOS are completely safe and the entire end-to-end solution is PCI (Payment Card industry) DSS (Data Security Standards) compliant. The details of the Credit/Debit Card are encrypted at the time of swipe. The application uses Smartphone’s data connectivity to send the packet out to the host servers. At no point is the card data saved on the phone or on the mPOS attachment.
MTS in partnership with the solution provider is rolling out a pilot with India’s leading e-commerce retailers like Flipkart.com and Yebhi.com and will soon launch this service nationally.