Imagine checking out at the grocery store once, and breaking that single transaction into multiple payments at scheduled intervals. Visa sites research that indicates this functionality is attractive to consumers and Visa is developing an API that will allow merchants to offer this option.
Paidpiper, mobile payments processing provider, offers its unique mobile payments platform via the Paidpiper API. Instead of relying on network security to ensure reliability and compliance, Paidpiper's unique approach secures the smartphone making the transaction to prevent malfeasance and fraud. By securing the smartphone itself, no need for additional POS hardware becomes necessary.