Visa and iBox launched a joint mobile payment terminal

Visa and company ibox, provides mobile acquiring, today launched a new solution for the payment by cards - mobile terminal ibox.

Mobile payment terminal ibox - ibox-reader - a reader that connects to your phone or tablet running iOS or Android.

Ibox for individual entrepreneurs and companies with a large network of agents - insurance companies, courier services, taxi services, meal delivery and network marketing.

Votlichie from traditional bank acquiring iboxne requires the purchase of expensive equipment and is available to all businesses regardless of their sales volume.

From a marketing point of view, this decision is competing with a number of previously featured mobile payment terminals, such as NFC-service company PayPal, a Swedish product iZettle Square or from the creators of Twitter.


Infrastructure ibox logs in the bank every reader ibox-reader, which is initiated by the encryption keys. For transactions of payment card information is encrypted gets on a mobile device (smartphone or tablet), which is physically impossible to decipher it. Next on the SSL-channel information is transmitted to the server in the bank, where it is verified and decrypted poslechego confirmation of transaction returns the mobile device.