OpenWay, an e-payment processing and omnichannel banking software company, and 2?an, a Russian firm in mobile acquiring, have completed certification of the first EMV-enabled mPOS product in Russia, according to a joint press release.

Earlier this year, 2can's service product was certified according to EMV Level 1 and Level 2 standards and PCI DSS. This product consists of a mobile application, combined (dual) card reader and processing platform. Users can operate the device on all Android and iOS mobile devices.

"Thanks to certification of the 2can mPOS solution, our clients get full payment services with a proven level of functionality and security to accept magnetic stripe and EMV cards," Nikolai Zhmurenko, general director, Smartfin (2can trademark), said in a press release. "[Our] terminals can be used for transactions by all acquirers working with OpenWay's WAY4 processing system."

OpenWay provided technical support and consultation to 2can for the entire certification period.

"Many banks and processors whom OpenWay serves internationally are interested in mobile acquiring services. We hope that 2can's well-timed solution will accelerate small business development and simplify payment relations between small merchants and their clients," Anton Kolomiets, director of OpenWay's Moscow office, said in a statement.

The companies plan to add chip-and-PIN support by the end of 2014.