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Mentioned Companies:

Global Payments Mobile Acquiring in Canada

Global Payments will offer its merchant customers in Canada the ability to accept contactless payments from cards and smartphones without the need for a peripheral card reader or a dongle. It is working with Mobeewave, whose technology turns an Android smartphone with embedded secure element into an NFC-enabled payment acceptance point. Merchants will download Global Payments’ payment acceptance application into the smartphone’s embedded secure element. Mobeewave’s platform will then provision the device over the air. Its software encrypts the cardholder’s personal account number. W...

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