Mobile payment

MagTek, a supplier of payment technology, has teamed with Xpress-pay, a Software-as-a-Service digital bill payment solution provider, on a handheld payment ...

"While formerly offering desktop and mobile payments, the tDynamo now allows our clients to accept payments from anywhere the Internet is available," Thomas Buttino, director of marketing for Xpress-pay, said in the press release. When coupled with Magensa, clients get instant encryption, tokenization and authentication. By integrating the MagTek tDynamo with the Xpress-pay payment application, merchants and consumers are both able to benefit from lower card-present interchange costs associated with in-person transactions, according to a press release.