Absa launches Payment Pebble

[rpm]

Absa launches Payment Pebble

Absa has officially launched its long-awaited Payment Pebble, bringing its mobile payments offering to merchant-held smartphones and tablets.

 

[tRoN]

How does one keep an audit trail if there is no slips being printed as is done with the traditional POS devices?
IMO no "real" business will be content with this....seems like a failure for me.

 

[djdallas]

it needed to jump through several regulatory hoops in order to meet international standards

One would hope so!
The bank will not be in control of the software on the merchant's smartphone. Without those standards (and some common sense), their device could potentially be a great way to skim people's credit or debit card details.

 

[smallearth]

One year after publicised launch date...

 

[TelkomUseless]

One year after publicised launch date...

they outsourced their IT department ... not surprised for delayed launch.

 

[RichardG]

Wouldn't dare to transact with a business if they using their cellular phone! Card Skimming

 

[Fingolfin]

Those who would use the Pebble, will Pay.

 

[ebendl]

How does one keep an audit trail if there is no slips being printed as is done with the traditional POS devices?
IMO no "real" business will be content with this....seems like a failure for me.

As far as I know they can email you a slip. Seems like a win too me - I might actually keep my slips then.