Honeywell launches Honeywell Smart Pay to help merchants meet customer needs
Honeywell has announced the release of Honeywell Smart Pay, a contactless software payment solution enabling the company’s powerful mobile to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.
Honeywell Smart Pay gives sales associates and service workers the ability to complete on-site payments in retail, package delivery, public transportation, and other businesses that may use the payment. mobile math.
With a chip-enabled credit card or a mobile phone that supports contactless payments, any employee with a Honeywell cell phone, including the CT30 XP and CT40 XP, can accept payments from consumers used in the field or in-store, thereby improving the customer experience and providing a seamless transaction experience with greater security and flexibility of payment options.
“Effortless check-out and the delivery of specialized customer service can help create loyal customers and make lasting impressions,”
“We designed Honeywell Smart Pay with the goal of helping merchants make consumer purchasing faster, easier and secure – making the customer experience better.”
Taylor Smith, CTO of Honeywell Productivity Solutions and Services.
More and more people are using cards and digital wallets for in-store purchases instead of cash. The Federal Reserve notes that by 2021, only one in five consumers will want to pay directly in cash. Salesforce recently reported that 83% of consumers are already using contactless payments, and 65% of customers plan to use contactless payments more in the next three years.
For merchants, traditional mobile point-of-sale (mPOS) accessories that mount on a mobile device incur recurring lifetime costs for card reader hardware and the cost of encryption keys for payment processing. payments, when ‘they are combined, will compete with the cost of mobile computers alone, nearly doubling the total initial cost of mobile payments.
The point of sale of Smart Billing software eliminates these additional costs and the bulk and weight of accessories while protecting customer data. The software solution was designed in collaboration with leading billing and consulting software provider Amadis, a software provider that has been deployed on more than 40 million mobile devices worldwide.
“Honeywell Smart Pay incorporates sophisticated secure code and anti-tampering technology with Amadis’ proven card processing and security software essentials, providing a secure payment acceptance services solution,”
“This technology emulates in software the physical secure platform and tamper detection employed on traditional payment terminals to maintain the high level of security compliance demanded by payment networks to assure safe retail payments.”
Emmanuel Haydont, CEO and co-founder of Amadis.
With additional regional card brands coming in 2023, Honeywell Smart Pay will support significant credit cards that account for more than 85% of global transaction volume.