SmartTrade App has gone live with MasterCard and Wirecard!
This allows businesses to accept bank to bank payments directly from the application with no hardware. The customer simply receives a text and authenticates themselves in their online banking app (currently live in Barclays Pingit and HSBC) and the payment is processed in minutes.
Further, this integration allows SmartTrade App to process payments with the cheapest rates in the market, starting as low as 1.65% for card payments and a whopping 0.45% for Pay by Bank App. SmartTrade is the only mPOS provider live with this product which means a lot of opportunity through MasterCard to acquire additional channels and, as you may already be aware, significant marketing sponsorships.
The first marketing campaign will be going live on April 29th, after they have had two weeks to iron out last bits and monitor some activity to make sure everything is running smoothly with a few merchants before onboarding thousands of small businesses.
Today is a pivotal moment in SmartTrade’s history and this summer will be no less exciting with national marketing, new partners and what we project will be a tremendous growth, never before seen in SmartTrade App. Growth, with partners and people, who will bring this company in to a whole different dimension.