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

A Brief Guide To Counter Cybersecurity Risks in IoT

Sensors, robots and cloud technology –  here’s how the Internet of Things disrupts the business world with connectivity and automation. The new concept interest a lot of companies, however, few bring the ideas to life, and the main reason is security. The important thing to know is that security is...
READ ARTICLE

How Robots Are Putting A Fresh Face On Healthcare

From construction and farming to banking and transportation, robots are seeping into every aspect of our lives. And healthcare is no exception. Oristep Consulting, a market research and analytics company, puts the future of healthcare robotics under the spotlight. Over 200 tech companies are already building specialized robotic devices for an...
READ ARTICLE

Health IT: What Patient-Centered Care Is All About

The modern healthcare has seen a transition from disease-centered to patient-centered care, and this change is part of the National Quality Agenda in the United States. Also called family- or user-centered, individualized or personalized care, it means putting patients and their relatives at the heart of medical decision-making and regarding...
READ ARTICLE