Outlooks 2016

Next year will be full of complex challenges for pay-now product experts, as the last decade has been. Indicators suggest that less effort will be wasted on legal entanglements and arbitrary requirements and more thought and effort will be focused on improving the user experience, improving payment security, and solving real payments problems.

Monet mPOS

Monet, the largest mPOS (Mobile POS) service provider in Pakistan, and China’s UnionPay jointly announced the launch of a mPOS acquiring service in Pakistan. The UnionPay mPOS solution is to be launched at fast food restaurants, express companies and in hospitals and on taxies.

Moneris EMV

Moneris Solutions has expanded its portfolio of EMV-capable solutions for merchants to accept EMV payments in the United States. Moneris’ EMV-capable product lineup features integrated and standalone solutions for merchants seeking net-new EMV payment solutions or terminal upgrades for existing point-of-sale (POS) systems.