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Mobile Payment: PAY.ON AG Cooperates With Payworks GmbH in Development of Mobile Payment Solutions

MUNICH April 26, 2012

Munich http://www.payworksmobile.com

David Bellem Christian Deger

Wolfgang Berner

The very first product, ‘payworks.terminal’, enables payment providers to instantly release their own mobile point-of-sale (POS) solution. With ‘payworks.terminal’, small retailers are able to accept card payments easily at the POS, the only requirement being a smartphone with internet access. An optional card reader can be plugged into the phone for faster processing. The application, which is available for iPhone and Android, is customised by payworks according to each payment provider´s individual needs, representing a comprehensive all-in-one solution.

All payworks products comply with current data security standards for the international payment market. ‘payworks.terminal’ was developed compliant to the specifications and requirements of the PCI Security Standards Council’s PA-DSS. Thus, no credit card and customer data is stored on the respective mobile phone. In addition, cardholder verification via signature mitigates the risk of data abuse. PAY.ON’s PCI-DSS certified processing system ensures the safe and reliable execution of all payment transactions.

About payworks:

http://www.payworksmobile.com

About PAY.ON:

http://www.payon.com

payworks GmbH – press contact :
Veronika Zimmermann

[email protected]
http://www.payworksmobile.com

PAY.ON AG – press contact :
Wilhelm Fuchs

[email protected]
http://www.payon.com

SOURCE PAY.ON AG

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