Elinext Group Announces Delivery of Secure Mobile Payment Solution for Tablets and MPED Devices

Marina Astapchik
IT Trends Research Specialist
January 13, 2013

Elinext Group, an international alliance of software development companies, created a custom mobile payment app for tablets used in combination with MPED devices

January 4, 2013. Tablets are becoming a mainstream payment instrument in the burgeoning mobile commerce market. Elinext Group, a global provider of outsourced IT services, delivers a new app for mobile payments to a US customer. The developed application works with MPEDs (Mobile Pin Entry Devices) and thus transforms tablets into secure and wireless payment terminals.

The transactions space is changing. Merchants, retailers, resellers, and agents are all focused on how to best process payments, and deliver incremental value to their customers. “The solution is designed to provide a faster, more convenient, and more technology-enabled experience for consumers. This helps merchants and service companies be more productive in the mobile environment,” said Alexey Trigolos, IT Services Director at Elinext Group.

In today’s marketplace, speed and convenience in payment settlement systems are getting increasingly important. Not just for customer satisfaction, but for better sales and higher profit, too. The created application is intended for use with MPED devices that support magnetic stripe and smart cards. All data transmissions in the payment ecosystem are securely encrypted, which increases consumer confidence.

Moving away from fixed point of sale registers creates a myriad of selling opportunities. “With the help of our app sales staff can significantly extend their selling radius. In fact, our client got a complete remote payment solution, suitable to service an increasingly demanding and intelligent consumer,” said Alexey Trigolos.

The tablet-based POS system may extend sales capabilities, recover sales typically lost due to poor personalized service, encourage return purchases, and ultimately boost sales.

LATEST ARTICLES

Elinext Confirms Its ISO 27001 and 9001 Certifications

We’re glad to announce that Elinext has confirmed both ISO 27001 and 9001 certifications led by PECB. By meeting the substantial criteria for these standards once again, Elinext has demonstrated its commitment to information security of clients’ sensitive data and the ability to deliver high-quality services by bringing out improvements...
READ ARTICLE

Trends That Have Defined the IoT Domain in 2018

The current year is drawing to a close, so it’s the right time to discuss the market trends which have defined the IoT domain in 2018. According to Statista, the number of devices with access to the Internet will increase to 23 billion by the end of the year. The...
READ ARTICLE

Inside a Smart Factory: New Paradigms, Difficulties and Profits

Like anything that’s new, the terms “digital manufacturing”, “Industry 4.0”, “smart factory” are often confused, but in fact, all of these concepts represent the currents of a single trend. I mean the automation of individual machines and separate processes has evolved into full integration of all elements into a single...
READ ARTICLE