Montreal-based National Bank’s SME clients can now use National Bank Easy Pay, a mobile point-of
–sale product powered by Montreal fintech Mobeewave.
National Bank also is partnering with Global Payments on Easy Pay, according to a press release.
With Easy Pay, merchants can accept payments in person using a compatible smartphone without the need for a peripheral. After registering for the Easy Pay, they simply download the Easy Pay app in order to accept payments from customers using an eligible contactless credit card or via the customer’s digital wallet.
Security and confidentiality are at the core of Mobeewave’s technology, according to the release. National Bank Easy Pay uses NFC, which encrypts and secures personal user information. No sensitive information is saved on the merchant’s device.
“We’re very proud to be the first Canadian financial institution to offer this convenient, quick and secure mobile point-of-sale solution to Canadian SME owners,” Lionel Pimpin, senior vice president of Digital Channels at National Bank, said in the release. “By collaborating with Montreal fintech Mobeewave and our long-standing partner Global Payments, we’re able to quickly roll out this innovative project for our clients”