Dream Payments Announces Next Generation Mobile Payment Solution for Merchants of All Sizes
End-to-end mobile payment solution accepts EMV contact and NFC contactless debit and credit cards
LAS VEGAS, NEVADA -- Nov. 3, 2014 - Recognizing that merchants of all sizes need secure, mobile, and affordable ways to accept EMV credit and debit cards, Dream Payments today announced that it is releasing the Dream Mobile Point of Sale in early 2015.
Dream Payments enables merchants of all sizes to accept payments anywhere, anytime, using mobile commerce solutions. Dream streamlines payment processing while improving the consumer experience. The low cost mobile point of sale device and supporting cloud-based commerce system provides the most cost effective, low risk and flexible end-to-end mobile payment solution available on the market today.
The Dream Mobile Point of Sale accepts all forms of payment including cash and EMV credit and debit cards. The Dream Mobile Point of Sale works with existing iOS or Android smartphone, tablet or integrated traditional point of sale (POS) system. The Dream Payments solution also provides merchants a comprehensive dashboard with in-depth sales and inventory reporting as well as portal full of analytics and customer insights.
"We recognized a need in the market for an affordable and comprehensive mobile point of sale that can replace outdated, fixed, and expensive payment terminals. Cash-based merchants also need a secure, low cost, and simple way to start accepting credit and debit cards," said Brent Ho-Young, CEO of Dream Payments. "The Dream Mobile Point of Sale allows merchants to transform their mobile devices into payment terminals that enable them to sell anywhere, accept all payments, and grow their business."
Merchant Acquirers that desire to offer mobile point of sale and mobile payment processing solutions to their end customers can license the Dream Payments platform. Dream Payments is also opening up its Software Development Kit (SDK) to third party developers to extend and deliver value added services to the Dream Payments' ecosystem.
"Dream Payments is going to do for the payment terminal what Apple did for the phone. The power of Dream is the third party value added applications that brick and mortar merchants will be able to access for the first time," said Aran Hamilton, CEO of Vantage Analytics. "Merchants will finally have revenue generating applications such as analytics, offers, and rewards that ecommerce merchants have had for years. Vantage Analytics allows business operators to transform data from their point of sale into insight, and their insight into action."
The Dream Payments Mobile Point of Sale will be launched in Canada in Q1 of 2015 and will be available in the United States shortly thereafter.
To learn more or see a live demonstration of the solution, Dream Payments executives will be hosting one-to-one meetings at Money20/20 in Las Vegas from November 2 to 5, 2014 and Cartes Secure Connections in Paris, France from November 4 to 6, 2014. To schedule an appointment at one of these events please email info@dreampayments.com.
About Dream Payments
Dream Payments enables merchants to sell everywhere using mobile devices. Dream's cloud based payment platform combined with its mobile point of sale device allows merchants to accept credit and debit cards, access rich analytics and reports, and provide digital receipts to customers. Dream's solutions are secure, EMV compliant, and accept Contactless and CHIP payment cards. The Company is headquartered in Liberty Village, Toronto, Canada. For more information, visit www.dreampayments.com.