(MENAFN- Gulf Times) Commercial Bank said it will roll out its Mobile Point of Sale solution (mPOS) solution across all Papa John's outlets in Qatar.
Papa John's has 17 stores located across the country.
Commercial Bank is a leading provider of innovative payment solutions and, as the largest acquiring bank in Qatar processing debit and credit card payments, the bank handles the majority of the retail sector's point-of-sale transactions, according to a statement.
Commercial Bank's mPOS solution is a device that connects to a merchant's mobile phone using Bluetooth and allows the phone to process debit and credit card transactions. This new solution is designed for all types of businesses and enables card payments where cash was previously the only option.
Merchants can use their mobile phones to accept payments by using the pocket-sized mPOS device and downloading Commercial Bank's mPOS application that is available on the Android and Apple online stores.
The major advantage of mPOS is the convenience of transactions taking place via a mobile phone, allowing sales to be made on the go, anywhere within or outside a store, and can be used to pay for cash-on-delivery services, the statement adds.
Dean Proctor, Commercial Bank EGM, chief consumer and private banking, said: "Commercial Bank was one of the first banks in the region to launch the mPOS solution late in 2014 and the take-up of this product by our customers has been very positive. We are delighted to be able to extend the rollout even further by launching mPOS across Papa John's."
Jawad Business Group, owner of the Papa John's franchise in Qatar, said in a statement: "The mPOS solution provided by Commercial Bank will offer seamless payment opportunities to our customers. This is particularly relevant to our delivery business, which is a key channel for the pizza business."
mPOS is highly secure, with data between the device, mobile phone and bank sent in an encrypted format where no customer card information is stored on the mobile phone itself. In addition to supporting all types of cards, Commercial Bank's mPOS solution also provides the merchant with an online portal to track his/her card acceptance business online, rather than through paper statements.
By using mPOS, not only can merchants increase customer loyalty by accepting a wider range of payments, but can also do so in a cost-effective manner, lowering the costs of cash handling and expanding their terminal network.
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