Author: Kim Graber

Mastercard Piloting Smartphone Payment Acceptance in Poland

Mastercard announced a new smartphone payment acceptance pilot in Poland on Wednesday. The solution does not require the purchase of any POS equipment. Users will only need to download a mobile app and create a merchant account to begin accepting payments, making the process simpler and more cost-effective for small and micro-merchants. The company expects that payment facilitators will be critical in bringing solutions like this to scale once they extend beyond the pilot stage, a Mastercard spokesperson told PaymentFacilitator.com. The initiative supports Mastercard’s continuing drive to enable digital payments for small businesses, furthering its goal of bringing 40...

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