Mobilty offers the Transenix app, which turns a standard smartphone into a portable point‑of‑sale terminal for small and medium‑sized merchants. The solution enables contactless card, QR code, and major mobile‑wallet payments without any additional hardware, supports software‑based PIN entry for high‑value transactions, and provides real‑time processing, multi‑terminal management, and electronic receipts while meeting PCI‑DSS and SPoC security standards.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized merchants often lack affordable, portable point-of-sale hardware, making it difficult to accept contactless card and digital wallet payments in diverse settings such as kiosks, delivery, or on‑the‑go services.
Solution
Mobilty’s Transenix app turns a standard smartphone into a fully functional POS terminal, enabling merchants to accept contactless cards, QR codes, and major mobile wallets without additional equipment. The app securely captures payment data, supports software‑based PIN entry, and processes transactions through the acquiring bank in real time. Merchants can register remotely, manage multiple virtual terminals, and view transaction history via mobile and web interfaces. Receipts are delivered electronically by SMS, email, or QR code, and the system complies with PCI‑DSS and SPoC security standards, ensuring card data never resides on the device.
Target Audience
Primary customers are small and medium-sized businesses—including kiosks, cafes, restaurants, delivery services, logistics providers, gyms, taxis, travel agencies, and beauty salons—that need a low‑cost, mobile solution for accepting contactless payments.
Features
- Contactless card acceptance (Visa, Mastercard) and QR code payments directly on a smartphone
- Integration with major mobile wallets (Apple Pay, Google Pay, Garmin Pay, Samsung Pay, etc.)
- Software‑based PIN entry (SPoC) for high‑value transactions without external hardware
- Remote merchant onboarding and multi‑terminal management through a unified app
- Real‑time transaction processing with encrypted data transmission to the acquiring bank
- Automatic e‑receipt generation via SMS, email, or QR code
- In‑app chatbot support and optional integration with retailer or logistics mobile apps
- Compliance with Security Evaluation Certification and PCI‑DSS standards