First Data to Provide Payment Processing for Mahala
Partnership Powers Secure Transactions for Users of Mahala´s Mobile Payments App
Atlanta, GA (PRWEB) June 06, 2013
First Data, a global leader in electronic commerce and payment processing, will power credit card transactions for Mahala, a secure mobile payments app for merchants, content owners and nonprofits.
The resulting partnership helps Mahala scale its mobile payments technology globally.
“We´re excited to bring our product to market with First Data,” said Mahala CEO Sonny Fisher. “First Data is unmatched in terms of sheer processing capabilities as well as security. By partnering with their amazing team, we immediately gain a global partner that can effectively support our growing international client base.”
On June 10, Mahala will launch a limited-availability beta version of its mobile payments app with select partners on the Android operating system. With the app, consumers just scan the company´s secure QR codes with their phones to complete transactions. The S-QR enables payments anywhere, including social media sites, without forcing consumers to go to another site to pay.
As Mahala users scan sellers´ S-QR codes, bank account information is never stored at the point of purchase — unlike credit cards or traditional QR payment systems.
Mahala is finalizing a list of beta users, including musicians, retail outlets, online retailers and nonprofits, for a wider-release iPhone launch in late June. To learn more, go to http://www.mahala.us.
With Mahala´s secure mobile payments app, merchants, content owners and nonprofits can finally accept money anywhere — without installing card readers or being charged fees.
Consumers simply scan Mahala´s secure QR codes with their phones to complete transactions. The S-QR enables payments without forcing consumers to go to another site to pay.
Mahala was formed in Atlanta in 2012 by retail technology expert Sonny Fisher, one of the youngest CEOs to list a company on the South African stock exchange.
About First Data
Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability.
Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/6/prweb10801330.htm