March 11, 2021
As part of its drive to turn off-the-shelf mobile devices into secure point-of-sale terminals using software as opposed to a dongle, MagicCube Inc. announced Thursday that its i-Accept application has expanded to Brazil.
Acquiring banks and financial-technology service providers in Brazil can now enable merchants and retailers to accept contactless cards across all four major card networks, as well as capture financial PINs and other verification methods, without the need for additional hardware.
The move, which dovetails with an announcement by
MagicCube earlier this week that it is partnering with integrated payments and next-generation POS provider
Handpoint, continues to build the business case for broader acceptance of what MagicCube calls Software Defined Trust, especially in the United States.
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