Mastercard lets Polish merchants accept payments with just their smartphones
Two hundred small businesses are to participate in a pilot that lets them accept contactless payments using just a mobile app on their NFC smartphones. “No separate payment terminals nor other peripheral equipment will be needed,” Mastercard says.
“The first stage will involve 200 small and micro businesses from all over Poland, with the number ultimately expected to grow to 500,” Mastercard explains. “In the pilot phase, the limit for each transaction accepted by a mobile device will be PLN 50 (US$14), which is the contactless payment limit in Poland without the need to enter a pin.”