Info-tech

MTS launches mobile card payment service

S. Ronendra Singh New Delhi | Updated on March 12, 2018 Published on June 27, 2012

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Telecom company Sistema Shyam TeleServices Ltd on Wednesday launched MTS mPOS service that would offer acceptance of card-based payments through mobile phones and tablets.

It would be a mobile substitute to the conventional credit or debit card swipe machines, the company said.

The total bundle — MTS MTag 3.1, mPOS attachment and one-year data plan — would be priced between Rs 3,000 and Rs 4,000. The average monthly spends on usage would be between Rs 200 and Rs 300, it said.

The company has rolled out a pilot project with e-commerce retailers Flipkart.com and Yebhi.com wherein MTS would provide MTS MTag 3.1 smartphones and the data services required.

The company plans to launch this service nationally in the near future.

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Published on June 27, 2012
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