Performance Motors Limited (PML), the dealer of BMW cars and motorcycles in Singapore, has launched a new mobile Point-of-Sale (mPOS) technology designed by Wirecard, a leading company in payment and internet technology. A first-of-its-kind for the automotive industry in Singapore, the technology enables quick and seamless payment transactions and is fully certified by Visa and Mastercard.

When a PML customer visits the BMW Service Centre, they will have the option of making payment for services directly with the Customer Service Advisor (CSA) using the mPOS device without going to the payment counter. E-receipts can then be emailed to the customer directly or printed out immediately from the mobile printer carried by the CSA. This allows for greater opportunities to engage with customers, reduce waiting time and promote faster turnover of transactions.

The Wirecard mPOS meets Visa's and Mastercard's contactless mandate in Singapore, which states that merchants accepting payments from these payment networks must establish contactless payments as standard by the end of 2019. Wirecard's mPOS app and portal is capable of capturing an electronic signature hence the merchant does not need to capture the signature on a handwritten paper receipt.