Dream Payments Unveils EMV MPOS Solution in Canada

October 27, 2015         By: Melanie Macinas

Dream Payments, a Payments Cloud dedicated for small businesses, has launched Dream Mobile Point of Sale (MPOS) solution—the first and only off-the-shelf EMV MPOS sold in retail stores and accepts Interac debit, chip and PIN credit cards, as well as contactless payments.

The Canada-based company has also teamed up with leading mobile operator TELUS to deliver safe and affordable MPOS solutions designed to help merchants sell in stores and on-the-go.

The MPOS solution comprises an MPOS application for Android and iOS devices and a Bluetooth-enabled EMV debit and credit card reader.

It is powered by the Dream Payments Cloud, benefiting merchants with several commerce capabilities.

Merchants can begin accepting payment within minutes after purchasing a Dream payment terminal. The MPOS solution enables merchants to accept payments, issue receipts, customize and manage product catalogues and view sales in real time.

The app also comes with an online dashboard allowing merchants to generate reports, view analytics, update settings and manage their businesses right from their phones.

Aside from being EMV and PCI certified, the Dream solution also offers end-to-end encryption and the latest security technologies to guarantee merchants’ protection.

Brent Ho-Young, CEO of Dream Payments, commented, “For far too long, small businesses in Canada have been forced to choose between insecure magstripe card readers or purchase expensive EMV payment terminals with monthly fees. That stops today. At Dream, we put merchants first. We provide a cloud based Mobile Point of Sale that is secure, simple to use, and is available for small businesses.”

The launch of the Dream MPOS solution comes as EMV migration kicks off in the US, requiring merchants to upgrade their terminals to accept EMV payment cards.