Nedbank allows merchants and business owners to convert their mobile phones into contactless payment acceptance devices

Called “tap-on-phone”, this technology makes it far easier for small- and medium-sized businesses to use their smartphones to accept payments from customers for their goods or services.

Nedbank said it is currently the only bank in Africa to offer this capability, which is built on its PocketPOS payment solution.

To install and run the tap-on-phone software, clients require a device running Android 7.0 or newer that has NFC capabilities (and obviously a Nedbank account).

See Nedbank now lets clients use their smartphones as payment terminals

#technology #southafrica #banking

Nedbank has launched new functionality which allows merchants and business owners to convert their mobile phones into contactless payment acceptance devices.

source https://gadgeteer.co.za/nedbank-allows-merchants-and-business-owners-convert-their-mobile-phones-contactless-payment