Pivotal Payments' future-proof solutions continue to help business owners be ready for new and emerging payment types as soon as they are available. The omnipresence of mobile smart devices is changing the way consumers pay, with leading analysts expecting mobile payment transaction volume to reach $720 billion by 2017. Pivotal's current hardware lineup offers near field communication (NFC) mobile payment capabilities that are fully compatible with Android Pay, plus point-to-point encryption (P2PE), providing merchants and consumers faster and safer payments.
Android Pay allows consumers to make purchases conveniently, securely and easily by simply unlocking their phone and holding it near the contactless terminal. Sign-up and adding credit or debit card data is performed directly through the Android Pay app. To further extend the reach and benefits of Android Pay, Pivotal's FlexPoint® integrated payments platform empowers ISV developers to seamlessly incorporate mobile wallets with their core payment software, gift and loyalty apps.
"With more consumers beginning to rely on their smartphones to make payments, we're making it easy for business owners to accept Android Pay, adding choice, flexibility and convenience to the purchase experience," said Philip Fayer, president and chief executive officer of Pivotal Payments. "Our goal is to ultimately help our merchants and partners adopt payment technologies that make a meaningful impact to their long-term success."
"We're excited to bring the simplicity and security of mobile payments to Pivotal Payments' customers with Android Pay. People will now be able to use their Android device to pay at more than one million stores in the US and we're adding more every day," said Pali Bhat, Director, Product Management, Google.
About Pivotal Payments
Pivotal Payments is a leading provider of technology-driven global payment processing solutions to the point of sale, B2B and ecommerce industries. Our proprietary solutions include card not present, integrated POS and mobile payments that deliver efficiency and profitability to businesses across all sales channels and platforms. With a focus on security and fueled by continuous investment in research, product development and innovation, we are shaping the future of payments. Our goal is to maximize our clients' revenues and performance by empowering them with safer and smarter transactions. Learn more at http://www.pivotalpayments.com or twitter.com/pivotalpayments.
SOURCE Pivotal Payments
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