Barclaycard to showcase new MPoS solution

Barclaycard’s new mobile point of sale (MPoS) solution Barclaycard Anywhere is set to be showcased at the forthcoming Mobile World Congress in Barcelona.

Launching in the spring, it has been designed to help SMEs take secure, on-the-spot payments to improve their cash flow and grow their business. The solution will also be available to large enterprises with mobile sales forces, allowing them to take payments quickly and easily on the road.

Incorporating a secure pin entry device which attaches to a smartphone or tablet, Barclaycard Anywhere uses a purpose-built app to accept card payments from any UK location securely, as long as there is a 3G or Wi-Fi connection, using chip and PIN technology.

Barclaycard Anywhere’s reporting system allows users to keep track of transactions wherever they are, via their mobile app or secure online portal. This gives instant, visual access to payments trends, sales performance and other crucial business intelligence.

Payments made using this device are processed through the Barclaycard app using a 3G or Wi-Fi connection, which the company says is especially important for businesses that don’t have a fixed location. Customers will receive their receipt by email or text.

Paulette Rowe, Barclaycard’s managing director of Global Payment Acceptance, said: “We wanted to create a solution that was ideal for both SMEs and for large enterprises with mobile work forces. Security, speed, ease and cost are key concerns for all businesses, whatever their size, so these were our main considerations when we developed Barclaycard Anywhere. Our simple, low-cost, secure solution will enable many more small businesses and large enterprise sales forces to accept secure card payments on the move, helping them increase sales.

“Having easy access to invaluable management information through the mobile payment app will enable time-poor business owners and staff to quickly learn about their customers’ spending behaviour. The insights they gain and the time they save can be directly invested into making their businesses more successful.”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s