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Mastercard and Helopay to roll out SoftPOS in South Africa

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Mastercard and Helopay to roll out SoftPOS in South Africa
04 March 2021
Source: Mastercard
Hellopay, South African payments facilitator and the financial services arm of the Hello Group, and Mastercard today announced a partnership to roll out SoftPOS – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale.
This move is expected to boost digital payment acceptance at small informal enterprises in South Africa, while supporting consumers’ preference for touch-free payments amidst social distancing. ....

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Mastercard partners with Hellopay to bring contactless payments to South Africa's informal economy

Mastercard partners with Hellopay to bring contactless payments to South Africa's informal economy
cbn.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbn.co.za Daily Mail and Mail on Sunday newspapers.

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Hellopay to Roll Out Mastercard's 'Tap on Phone' Tech in South Africa - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Hellopay and Mastercard have partnered to roll out SoftPOS – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale.
This move is expected to boost digital payment acceptance at small informal enterprises in South Africa, while supporting consumers’ preference for touch-free payments amidst social distancing.
SoftPOS leverages Mastercard Tap on Phone technology developed for micro and small businesses like spaza shops, independent retailers, market stall traders, mobile servicemen and tradesmen who tend to operate in a cash economy due to the costs and complexity of obtaining traditional point of sale devices.
“The SMME market represents 98% of businesses in South Africa and has been deeply impacted by the pandemic. We recognise the overwhelming pressure that small business owners are currently facing and are committed to supporting them through COVID-19 and beyond by bringing our tools at a low cost and rapid t ....

South Africa , Amnah Ajmal Sharma , Market Development , Mastercard Tap , அம்னா அஜ்மல் ஷர்மா , சந்தை வளர்ச்சி , மாஸ்டர்கார்டு தட்டவும் ,

Mastercard Pioneers Cloud Tap on Phone, its First Pilot of Cloud Point of Sale (POS) Acceptance Technology

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Move unlocks opportunities for partners worldwide to enable contactless payments acceptance via a mobile phone.
Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), a Napa, Calif.-based independent IT Services provider. Cloud Tap on Phone is one of Mastercard s innovative next generation acceptance products, with the software hosted on Microsoft s Azure cloud platform.
Mastercard has been spearheading the transition to contactless payments for years. The demand for faster, more convenient, safe, and now cleaner ways to pay has driven the transition to contactless, and it s a one-way street with touch-free experiences expected to be permanent for consumers and businesses even after the pandemic ends. In fact, in the third quarter of 2020, contactless penetration represented 41% of in-person purchase transactions globally, up from 37% in the second quarter and 30% a year ....

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Mastercard pilots cloud POS solution for contactless payments acceptance on NFC smartphones • NFCW

Mastercard is piloting a cloud-based version of its Tap on Phone payments acceptance solution aimed at merchants of all sizes ....

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