August 27, 2019Read more
Mobeewave deploys secure, certified contactless mPOS payments worldwide
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Most people today rarely ever carry physical cash. With the flurry of online payment options and devices that process credit cards on the fly, there’s not really a good reason to make a trek to an ATM.
One area where cashless payment can be most advantageous is at music and cultural festivals around the world. At South by Southwest (SXSW) this week, Connect&GO and Mobeewave announced a partnership to change the way cashless payments are accepted at big events.
Through the use of Connect&GO’s RFID solution offering and Mobeewave’s payment technology, these Montreal-based companies are equipping event organizers with the ability to process payments that include credit, debit or RFID tags through a single device — the mobile phone.
What makes this offering unique for event organizers is the fact that these payment forms are being processed wirelessly. Connect&GO’s CEO Anthony Palermo commented to Finextra on the reasoning behind his company’s decision to move forward with this partnership: “Our clients were looking for payment options, and we’re always committed to innovation and testing new ways of supporting consumer behavior, so this partnership made total sense. It’s really a win-win-win: for the vendor, the organizer and the patron.”