We all know the pain. We all have a dozen methods to buy goods and services, but some stores accept option A, the other is option B and the third is just cash.
That is why payment acceptance and personal authentication solutions MYPINPAD has announced a partnership with Clik, a Cambodia-based payments aggregator and data analytics startup. The partnership seeks to support retailers in the region to overcome the fragmented local payments landscape.
With more and more people going cashless and becoming familiar with the e-Wallet concept, merchants often find themselves having to deal with four or more third-party payment providers which do not interoperate. MYPINPAD and Clik are looking to address this issue.
The new partnership will allow Clik to assist merchants’ complete payment needs – whether via card or mobile payment – without merchants having to work with additional suppliers. As a result, merchants are expected to be able to concentrate on delivering their service to consumers.
Clik utilises MYPINPAD’s payment security system to integrate existing payment infrastructure, such as pre-existing bank and International Payment Scheme cards.
MYPINPAD will also provide Clik with Open mPOS solution. The Open mPOS approach is expected to save Clik time and money when deploying the latest mobile payment innovations .
“MYPINPAD’s strong encryption, security, and comprehensive authentication offering and commitment to achieving PCI SPoC certification make it the perfect partner for us as we work to deliver a better payment experience for retailers and consumers,” said Matthew Tippetts, CEO of Clik.
“Merchants of all sizes are looking to the payments industry to respond rapidly with products and services that meet their ever-changing needs. By working with Clik, MYPINPAD can meet that requirement for merchants in the region, providing them with a payment solution that provides a better shopping experience for their customers,” said Morten, Hofstad, Head of Asia Pacific, MYPINPAD.