Mobi724 Global Solutions Inc. announced it has entered into an agreement to provide its value-added services on Ingenico's Payments Platform as a Service (PPaaS). Ingenico has designed and developed a Payment Platform as a Service solution to leverage the payments ecosystem of acquiring and acceptance partners such as banks, PSPs and ISVs along with a network of Service Providers such as Alternative Payments Methods, Loyalty programs, Buy-Now-Pay- Later solutions, which combined enable merchants to orchestrate payments with other services. PPaaS will enable Mobi724 to deploy and service its customers' payment acceptance needs through a cloud- and API-based set of services.

PPaaS is hardware-agnostic and will provide a series of services centered on Payments, Commerce and Device Management, in a simple, secure and efficient manner, using a unified connection and orchestration layer.