- contactless mobile payment
- Contactless software payment solution
Honeywell announced the release. honeywell smart payis a contactless software payment solution that enables the company’s powerful mobile terminals to become secure and compliant payment terminals, enabling contactless payments from wherever businesses sell or offer goods and services. You can accept mobile payments.
Honeywell Smart Pay enables sales and service representatives to capture payments on the spot in retail, parcel delivery, public transit services, and other businesses where mobile payments are accepted.
Employees using Honeywell mobiles, such as the CT30 XP and CT40 XP, can accept payments from consumers in the field or in stores using any major chip-enabled credit card or contactless payment-enabled mobile phone. and improve overall cost. Provide a customer experience and a seamless trading experience, improve the security and flexibility of payment options.
“Easy checkout and professional customer service delivery help create loyal customers and make a lasting impression. said Taylor Smith, Chief Technology Officer, Honeywell Productivity Solutions and Services. “Honeywell Smart Pay was designed with the goal of helping merchants make consumer purchases faster, easier and more secure, improving the customer experience.”
More and more people are using cards and digital wallets instead of cash for in-store purchases. The Federal Reserve noted that by 2021, only one consumer out of five would prefer to pay in person with cash. Salesforce A recent report found that 83% of consumers are already using contactless payments, and 65% of customers plan to use contactless payments more in the next three years.
For merchants, traditional mobile point-of-sale (mPOS) accessories that attach to mobiles incur the recurring lifetime costs of hardware for card readers and encryption keys for payment processing. Combined, these are comparable to the cost of a mobile computer alone. , the total initial cost of mobile payments will almost double. Smart Pay software POS eliminates these additional costs and the bulk and weight of accessories while keeping customer data safe.
This software solution was designed in collaboration with Amadis, a leading payment software and consulting provider. Amadis’ software is deployed on his over 40 million mobile devices worldwide.
“Honeywell Smart Pay combines sophisticated secure code and tamper-proof technology with the essential elements of Amadis’ proven card processing and security software to provide a secure payment acceptance service solution.” Emmanuel Heydont, CEO and co-founder of Amadis, said: “This technology emulates in software the physically secure platform and tamper detection employed by traditional payment terminals, while maintaining the high security compliance demanded by payment networks to ensure secure retail payments. To do.”
Honeywell Smart Pay supports essential credit cards representing over 85% of global transaction volume, with additional regional card brands expected in 2023.