ASB Accept mPOS provides new point-of-sale system

ASB has released Accept mPOS which turns 3G or Wi-Fi connected iPhones, iPod Touches or iPads into a wireless payment terminal that accepts EFTPOS and credit card payments on the spot.

Accept mPOS for Android devices is currently in development, according to ASB.

“The first in a planned series of payments innovations,” says Russell Jones, ASB’s executive general manager of technology and innovation. “It is an entirely new way to get paid instantly and securely from any location.”

“New Zealand businesses will now be able to accept payments while out and about visiting customers with the added assurance of card-present technology that is fully chip and pin compliant for improved security and unprecedented convenience.”

“This means, for example, that tradespeople visiting customers at home will be able to accept a payment securely as soon as the work has been completed,” says Jones, in a statement. “Customers will also be able to pay with either EFTPOS or credit card, a choice that not all other mobile payment terminals in New Zealand currently offer.”

ASB Accept mPOS will accept all types of card transactions via swipe, chip or contactless. It can issue immediate refunds to customers, or allow businesses to email customers their receipts instantly. There is also a print capable terminal for businesses that need it.

ASB’s Pi platform provides a flexible payment interface and, on launch, will feature functionality to set up multiple users, split bills and accept multiple payments methods across one bill. This means businesses and customers can have complete flexibility over where and how to accept payments.

“Splitting bills is a regular part of dining out with friends. Using the Payment Interface (Pi) app that has been designed specifically for use on this device, businesses with ASB Accept mPOS will be able to offer a streamlined dining experience by letting customers easily split the bill and pay by different methods right from the restaurant table.”

“The first set of applications we have developed includes bill-splitting and tipping, which are great examples of everyday merchant problems that we are addressing," says Jones. "We are looking forward to working with businesses and app developers in the future to develop a comprehensive range of useful and practical new applications.”

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