Global Payments Inc., a worldwide provider of payment technology services, announced an agreement with Mobeewave, a Montreal-based technology company, to offer its Canadian clients a new mobile payment acceptance product.

The companies said the product is designed to enable secure, in-person payment transactions, made with any contactless credit card or NFC-enabled mobile wallet directly on an NFC-enabled mobile device without the need for additional hardware such as a card reader or dongle. The transaction is designed to be enabled and secured directly within the device, using point-to-point encryption, according to a press release.

Global Payments and Mobeewave plan to release the product in the spring.

"Advances in mobile technology are enabling our merchants and partners to benefit from entirely new payment experiences that change the way consumers and merchants interact," said Frank T. Young, senior vice president of global product and innovation at Global Payments. "We are thrilled to partner with Mobeewave to deliver this innovative new mobile acceptance solution to our Canadian clients."

"We are delighted to have such a forward-looking partner as Global Payments," said Benjamin du Haÿs, CEO and co-founder of Mobeewave. "While mobile payments have previously been the focus of industry interest, mobile payment acceptance is the necessary next step leading the industry to a complete mobile payment offering. Also, we know Canada is the ideal market to premiere the solution because Canadian consumers are well accustomed to tapping their contactless cards to pay and readily embraced mobile phones as acceptance points in a recent pilot we conducted."