What Goes Inside a PIN on Mobile Solution?

Small business and micro-merchants across the U.S. are looking for a solution that helps them securely accept payment without compromising on security and burning a hole in their pockets. An answer to their call seems to be brewing up in the industry with PIN on Mobile technology. In my first blog post in this series, I discussed the basics of what a PIN on Mobile solution is all about and how does it work. In the second post, I explored which vertical benefits the most from this technology and how. For my third blog post in the series, I am taking a technical route and am looking to talk about the different components of a PIN on Mobile solutions. This is again a common question that I get when I talk about this subject.

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Who Needs PIN on Mobile Anyways?

While PIN on Mobile is becoming a popular topic of conversation in the industry, there is still a lot of questions out there about the solution. In my last blog post, I talked about the basics of PIN on Mobile and how it works. In this post, I discuss which vertical benefits the most from PIN on Mobile and why. While PIN on Mobile is still making its way into the US, it is important for merchants of all sizes to understand why this solution matters and how it might be helpful for their business.

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What is PIN on Mobile and How Does It Work?

Payment technology is constantly evolving and every so often we are met with new terminology and solutions in the industry. This technology is often looking to drive innovation forward and make business solutions better. Two such terms that are being discussed frequently now are ‘PIN on Glass’ and ‘PIN on Mobile.’

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The Evolution of Payments: From Expense to Business Tool

Payment acceptance for the longest time was thought to be a necessary business expense. But over the last decade, a few significant changes have transformed the definition of “payments” in the industry. One of the changes that acted as a catalyst in this transformation is the improved efficiency in carrying out electronic transactions. Combined with the advancement in technology over the last two decades, innovative solutions have become easily available in the market for all merchants (big or small) looking to improve efficiency and enhance their customers’ experience.

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Next Stop, the Intersection of Payments and IoT

When it comes to payments, consumers want convenience.

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