Visa has signed an agreement with mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology, the payments technology company announced on 26 February.
ROAM is the first global mCommerce provider to participate in the Visa Ready Partner Program for mobile point-of-sale (mPOS) solutions, the company said in a statement.
The companies aim to displace cash payments by expanding the reach of electronic payments to new merchant categories, and by making it easier for merchants and acquirers to take advantage of secure mobile acceptance solutions.
ROAM is a leading provider of mobile acceptance technology, delivering hardware peripherals, applications, and services that enable merchants to realise the benefits of electronic commerce.
As part of the agreement with Visa, ROAM will participate in the Visa Ready Partner Program. The company has agreed to bundle its mobile point-of-sale hardware peripherals with Visa's acceptance solutions to offer merchants globally a cost-efficient and secure way to accept card payments.
"Displacing cash payments with the security and efficiency of electronic payments continues to be a primary driver of growth for the global payments industry," says Jim McCarthy, Global Head of Product, Visa Inc. "Visa, through its mPOS partner programme, is committed to accelerating the use of mobile technology to enable merchants worldwide to accept Visa payments. Our agreement with ROAM will help us reach that goal globally."
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