National Bank brings NFC mobile terminals to Canada
National Bank of Canada (NBC) has launched Easy Pay for its SME clients, a mobile point-of-sale solution powered by Montreal-based fintech Mobeewave, and produced in collaboration with Global Payments.
With Easy Pay, merchants can accept payments in person using a compatible smartphone via contactless – no peripherals required.
The bank claims to be the first Canadian financial institution to offer this solution to its SME clients.
Additionally, the solution can be used to accept payment from various mobile wallets including Samsung Pay, Google Pay and Apple Pay. Customers can then choose to receive receipts via email.
The solution is available on Samsung Galaxy phones, and accepts various mobile wallets, such as Samsung Pay, Google Pay and Apple Pay. It can also be downloaded to a merchant’s Samsung Galaxy S7 and S7 edge, Galaxy S8 and S8+, and Galaxy Note8 to enable acceptance of Mastercard and Visa contactless credit cards.
National Bank Easy Pay uses near-field communication (NFC) technology which encrypts and secures personal user information. No sensitive information is saved on the merchant’s device.
The Easy Pay solution complements the recent launches of Interac e-Transfer for businesses, a new contactless debit card and the Apple Pay and Google Pay digital wallet services.