(MENAFN- ProactiveInvestors - Australia) Holdings (ASX: TQH) and Ingenico's point of sale solution that effectively turns a mobile phone into a secure cash register has received accreditation as an authorised payment solution.
Retail business customers will be able to use the Ingenico iSMP docking cradle equipped with Island Pacific's Mobile software to conduct mobile, secure EFTPOS transactions using an Apple iPhone or iPod Touch.
To facilitate multiple forms of payment, the Ingenico iSMP is equipped with a barcode scanner, cardswipe, chip and PIN and near field communications capabilities.
Transaction communication with the bank is carried out using the iPhone's own 3G connection, or a WiFi network connection for an iPod Touch.
Retailers can also use the Ingenico iSMP for stocktaking, transfers and as a marketing database.
The 3Q and Ingenico mobile solution will be piloted by a small number of customers before being made available for wider release.
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