Banque Nationale clients will now get the chance to use a new mobile point-of-sale feature created through a partnership with the bank and a local Montreal startup.
Mobeewave, located in Montreal’s Old Port area, previously gained media traction for offering mobile payment technology for foreign governments hungry to curb corruption while encouraging online banking as a solution.
Now it’s powering a mobile point-of-sale solution for Banque National called “Easy Pay,” which will allow Canadian businesses to accept contactless payments. Banque Nationale says it’s the first Canadian financial institution to offer this solution.
With Easy Pay, merchants can accept payments in person using a compatible smartphone – no peripherals required. After registering for the Easy Pay solution, they simply download the Easy Pay app in order to accept payments from customers using an eligible contactless credit card or via the customer’s digital wallet. It works with Interac e-Transfer for businesses, Apple Pay, Samsung Pay and Google Pay digital wallet services.
Benjamin du Haÿs, Mobeewave’s CEO, said of the major Canadian bank that it has “a genuine desire to innovate and partner up with fintechs to integrate new services.”
“We’re very proud to be the first Canadian financial institution to offer this convenient, quick and secure mobile point-of-sale solution to Canadian SME owners,” said Lionel Pimpin, Senior Vice-President, Digital Channels, at National Bank. By collaborating with Mobeewave and our long-standing partner Global Payments, we’re able to quickly roll out this innovative project for our clients.”
Easy Pay recently won the “Most innovative product/feature Award” of Barlow Research’s 2018 Monarch Innovation Awards.
Moreover, the solution can be downloaded to a merchant’s Samsung Galaxy S7 and S7 edge, Galaxy S8 and S8+, and Galaxy Note8 to enable acceptance of Mastercard and Visa contactless credit cards.