MANILA, Philippines - Smart Communications Inc. (Smart) and wholly-owned subsidiary Smart Hub Inc. (SHI) is offering Smart Pay, a new mobile payment tool which enables merchants, retailers, and professionals to accept MasterCard payments even when they are on the go.
Smart Pay is a point-of-sale (POS) card reader that can be attached to any smartphone or tablet, which enables users to swipe a MasterCard credit or debit card.
Smart Global Access, International and Financial Services Group head Tina Mariano said that perfect payment solution for independent merchants such as doctors, small shop owners, and self-employed professionals.
Together with the proprietary Smart Pay app, merchants can conveniently process payments wherever they are.
“Through the use of a portable point-of-sale device, any merchant with a smartphone can accept card payments with a simple swipe. This will enable merchants and professionals who previously were unable to service MasterCard holders to expand their customer base. This could translate to more sales or profit,†Mariano added.
Dental clinics, for example, that would like to take advantage of credit card payments can do so with Smart Pay.
Those interested in the Mobile POS solution may send their inquiries to SmartMerchants@smart.com.ph or call (02) 5113059/5114131.
Smart Pay is an offshoot of SHI’s recent acquisition of a MasterCard license which allows the group to accept and process MasterCard transactions.
SHI is the first non-bank institution in the Philippines to receive such an authorization from the global financial services giant.