Due to accepted demand, the Montreal-based FinTech aggregation Mobeewave is aperture up the bankrupt beta of its adaptable peer-to-peer (P2P) acquittal appliance PayMeTap to bodies beyond Canada.
This chargeless appliance allows users to deeply acquire a acquittal by artlessly borer your buzz with a acclaim card. Available for Android in the Google Play Store, PayMeTap is enabling bodies to bound and calmly pay aback their accompany and family, aggregate donations, advertise acclimated items or acquire acquittal for their services. A multi-award champ in the acreage of adaptable payment, Mobeewave was afresh called as a finalist in the Acquittal and FinTech class of the eighth anniversary 2016 SXSW Accelerator Competition.
“With countries about the apple all-embracing the abstraction of a cashless society, we accustomed the allegation to accord bodies the adeptness to acquire payments – and accomplish payments – with their phones,” said Maxime de Nanclas, COO and co-founder of Mobeewave. “This adeptness is alone absolutely advantageous if it offers users the greatest bulk of adaptability and accomplished akin of security. That’s why PayMeTap allows users to acquire acquittal appliance acclaim cards after defective the added actuality to assurance up for the annual or allotment claimed information.”
Mobeewave launched the pilot attack for PayMeTap to accommodate a simple and defended band-aid for bodies to acquire acquittal by acclaim cards on their phones. The appliance makes it abundantly accessible to aggregate money you’re owed. The alone action appropriate is to tap the agenda you appetite to allegation to your buzz and money is deposited in your annual aural 48 hours – you can alike accelerate a receipt. Harnessing the abreast acreage advice (NFC) technology begin in all avant-garde adaptable devices, PayMeTap ensures there’s no allegation for an alien agenda clairvoyant and the actuality authoritative the acquittal doesn’t allegation to be active up to the service. There is additionally an advantage of arresting or charging the baby annual fee.
In accord with their ally at Oberthur Technologies, Mobeewave was accustomed as the Best Adaptable Aegis Band-aid at the 2015 SESAMES Awards organized by CARTES SECURE CONNEXIONS. By harnessing the company’s access to adaptable P2P payment, PayMeTap offers the accomplished levels of security. No acute advice is adored on the accessory and the user’s claimed advice is deeply encrypted – the NFC technology is acclimated to accumulate it encrypted and safe central the device.
Unlike added software P2P platforms, PayMeTap does not abundance acclaim agenda advice in the cloud, thereby removing the abhorrence of this advice actuality hacked. The appliance additionally offers a added band of aegis through the advantage to add a PIN for a specific account. The defended sockets band (SSL) agreement is acclimated to encrypt all communications with the Mobeewave server and the aggregation adheres to the Acquittal Agenda Industry Data Aegis Standard (PCI – DSS). Transactions are additionally consistently monitored and analyzed through alive automatic programs, as able-bodied as accidental chiral analysis to ascertain and stop awful or apprehensive activity.
“The Mobeewave technology was created to advice ensure the beck of adaptable payments could consistently breeze both ways,” said Benjamin du Haÿs, CEO and co-founder of Mobeewave. “Using your adaptable accessory to carryout contactless payments is great, but as we’ve apparent with the amazing acknowledgment to PayMeTap there is a absolute admiration amid bodies to both acquire payments through their phones and calmly pay bodies back.”
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