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Optus To Offer Mobile Credit Card System |
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Written by Adam Gosling
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Thursday, 11 October 2007 |
A deal announced with mobile credit card
payment company, Mint Wireless, will see Optus agree to help sell the
system via its Business and Small and Medium Business divisions.THe system will also be available in Optus World retail stores from November 2007.
Optus will offer a bundle the solution including a BlackBerry
Curve or O2 Xda Atom Life smartphone, along with a voice and data plan
and a subscription to Mint.
Mint
has signed up to a three year supply agreement with Optus to carry data
for the system. The system turns a user's smartphone "into a portable
cash register" allowing them to accept and process credit card payments
(and other payments such as cash, cheque or account) without wires.
The
system includes a pocket-sized printer and card reader so the seller
can print an invoice on the spot and get paid on the spot. All
transactionrecors are kept in their Mint online administration system,
which can be downloaded straight into MYOB or QuickBooks to reduce
bookkeeping time and electronically manage all their accounting data.
Alex Teoh,
CEO of Mint Wireless said: "We believe Mint is something that
Australian businesses, large and small, have needed for a long time -
something that enables faster payment, and significantly reduces
administration time. We're delighted to be working with Optus because,
together, we're making it more affordable and extending the benefits to
businesses nationwide."
Mint Wireless will charge a monthly subscription to its system and fees to process the credit card transactions.
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