WorldPay launches new chip and PIN payment system for mobiles

In association with WorldPay, which is the world’s leading payment processing company, The Federation of Small Businesses in the UK has announced the launch of WorldPay Zinc mobile Pay as you Go Chip & PIN service for its members.

FSB is one organisation that looks after the interests of small business owners in the country. This partnership between WorldPay and FSB is certainly going to bring benefits to nearly 200000 members of the organization as they get more and better opportunities of higher sales and more efficient customer service.

Under the agreement, members of FSB will get the latest system of payment processing from WorldPay that will be the most cost effective and simple procedure to accept payments through credit and debit cards. These machines will have a 24X7 support. There are no clauses of minimum business or number of transactions every month.

Merchant is not forced to sing a long term contract and the setup and installation is quick and simple. Individual traders can download the app from internet on their smartphone and apply for a new WorldPay account. After this, the only thing that is needed is the Chip & PIN Keypad that is being sold through at a price of £59.99.

This keypad allows for syncing of smartphones so that the merchant is ready to receive a payment from a customer through his smartphone or tablet. The details of transactions on a given day can be obtained on the next working day.

On their part, WorldPay expressed their happiness at the launch of this new service saying that it will improve the efficiency of payment processing by the traders thereby making customer satisfaction better. The company said that it decided to partner with FSB because it believes that it can provide lots of benefits to the members of FSB by improving flow of cash and providing payment options to them.