{"id":5074,"date":"2021-01-13T19:11:07","date_gmt":"2021-01-13T19:11:07","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5074"},"modified":"2022-02-24T22:08:47","modified_gmt":"2022-02-24T22:08:47","slug":"mastercard-launches-pilot-of-cloud-pos-technology","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/news\/mastercard-launches-pilot-of-cloud-pos-technology\/","title":{"rendered":"Mastercard Launches Pilot of Cloud POS Technology"},"content":{"rendered":"\n<p><strong>Mastercard <\/strong><a href=\"https:\/\/www.mastercard.com\/news\/press\/2021\/january\/mastercard-pioneers-cloud-tap-on-phone\/\"><strong>announced<\/strong><\/a><strong> this week that it is launching the first live pilot of its new contactless payment acceptance technology, called Cloud Tap on Phone.<\/strong><\/p>\n\n\n\n<p>The card network is launching the pilot in partnership with two other payment enablement companies. <a href=\"https:\/\/www.nmi.com\/\">NMI<\/a> is helping with integration and distribution, and Global Payments is providing point-of-sale technology.<\/p>\n\n\n\n<p>Napa, Calif.-based IT provider Computer Engineering Group will pilot the technology.<\/p>\n\n\n\n<p>\u201cWe continue to see an accelerating shift to digital payments, with businesses of all sizes wanting to provide swift, secure, compelling point-of-sale experiences. Cloud POS enables us to make these experiences available to our partners with greater speed and efficiency,\u201d said Milan Gauder, Global Head of Mastercard\u2019s Acceptance Solutions Group.<\/p>\n\n\n\n<p>\u201cOur partners are the center of everything we do, and our trusted technology powers innovative experiences, choice, flexibility and certainty, creating the products they need. Mastercard\u2019s Cloud Tap on Phone delivers on our promise of ground-breaking products and innovation.\u201d<\/p>\n\n\n\n<p>In a press release, the company said that Cloud Tap on Phone uses an Android phone or tablet as an acceptance device, reducing the need to invest in infrastructure such as POS terminals. The new offering is an enhancement of the company\u2019s Tap on Phone product that moves transaction processing and security functions to the cloud. This reduces development and maintenance costs and allows \u201cimmediate connectivity to partners,\u201d the company said.<\/p>\n\n\n\n<p>Mastercard is making Cloud POS software development kits (SDKs) available so other providers can use them to help create new cloud-based solutions, it said.<\/p>\n\n\n\n<p>According to Mastercard\u2019s announcement, contactless transactions accounted for 41% of in-person purchases during the third quarter of 2020. That number is up from 37% in the previous quarter and 30% the previous year.<\/p>\n\n\n\n<p>The company plans to conduct more pilots and deployments in other markets this year, it said. Its Tap on Phone solution is currently available in 16 markets worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard announced this week that it is launching the first live pilot of its new contactless payment acceptance technology, called Cloud Tap on Phone.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1014],"tags":[],"class_list":["post-5074","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=5074"}],"version-history":[{"count":2,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5074\/revisions"}],"predecessor-version":[{"id":7967,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5074\/revisions\/7967"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5074"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}