Abine Limited thumbzup is a technology firm that works with industry leaders to bring new merchant processing innovations to market. South African technology entrepreneur Stafford Masie heads the company. The company’s mission is to make credit card terminal systems safe and accessible in non-traditional payment settings and to small and micro businesses with limited administrative budgets. At the same time, the solution is also practical for large retailers and banks. In the future, Masie would like to see consumers in possession of his credit card machine. This will allow consumers to transfer funds to merchants with their own credit card terminal devices.
The thumbzup Payment Pebble Signature is a credit card terminal that merchants attach to the headphone jack of their Android or iOS device to read credit and debit cards. Part of the company’s philosophy is to make cutting-edge technology simple to use. Users of the thumbzup Payment Pebble only need to download their banking partners Payment Pebble app, logon and swipe a card. The portable credit card machine accepts Visa and MasterCard magnetic stripe, and chip-based credit and debit cards. The device is also capable of completing PIN transactions. The thumbzup Payment Pebble Signature works with a long list of popular smartphones.
Features & Benefits
The thumbzup Payment Pebble Signature is a PCI compliant device. thumbzup has designed the device so that it will immediately self-destruct if someone attempts to open its case This prevents anyone from compromising the device’s security. The company has opened up the device’s software platform for development. This means that Payment Pebble users can find third-party apps for the device, and banks can develop custom software solutions. The device is also highly configurable. A merchant can have several devices linked to one account, or users can quickly switch the unit to another smartphone.
thumbzup’s new credit card machine device has a very low monthly rental fee, making it affordable for merchants with smaller revenue streams. thumbzup Payment Pebble provides a much larger demographic with the ability to process payments. The compact processing unit is already available to the public through cooperatives with major banks in South Africa, Australia and New Zealand. The device and its software are well thought-out and designed for out-of-the-box function, leaving business owners more time to run their shops. thumbzup used South Africa as a testing ground for their devices. Connectivity problems plague the region, and the device developers knew that if they could get it to work reliably in that environment it would provide reliable service anywhere.
2015 CREDIT CARD PROCESSING COMPANIES