HomeATM ePayment Solutions is changing its business model, shifting away from relying on merchants to distribute its keypads to consumers who want to use debit cards to shop online in favor of licensing its technology to processors and merchant acquirers.

"We're going to license our hardware to Tier 1 processors to try and get our product in the market instead of HomeATM being the lead sales generator for the device," Kenneth Mages, the Montreal payments technology company's chairman and chief executive, said in an interview.

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