Felix Soft Pos Tap to Phone solution

Soft POS the next step in the mPOS evolution

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Soft POS v mPOS

We are all used to Point of Sale (POS) systems, first we swiped and now we tap debit and credit cards to pay. with the advent of new technology, soft POS v mPOS seems to be the comparison the industry is making.

Mobile Point of Sale (mPOS) consists of a card reader that is paired with your smart device either wirelessly or physically, allowing payment outside of bricks and mortar stores.

However, a major problem with both of these systems has been the cost of the hardware. Unfortunately, merchants are locked into expensive contracts for POS or mPOS hardware. With those supplying the hardware maintaining and replacing faulty devices.

Current technology is costing merchants.

Now new technology, a software-only Point of Sale payment solution (SoftPOS) is available through Felix. Soft POS technologies allow merchants to transform their smart devices into payment terminal systems with no additional hardware.

Software only Point of Sale (Soft POS) is an application installed on an NFC enabled android mobile device, that acts as a software-based solution which lets merchants turns the merchants phone into a NFC payment terminal system with no additional hardware, while maintaining the security levels of the traditional chip and pin cards.

One of the biggest advantages of Soft POS system is that it enables merchants to become mobile and move across different locations while having the POS system available to them at any moment.

This provides a simple, secure, and frictionless way to accept mobile payments anywhere any time. Simply enter the transaction amount into a device, tap the card or digital wallet (Google Pay, Apple Pay, etc) on the back, enter your PIN if required, and you are done.

We have partnered with Visa and MasterCard to pilot Felix. We are looking to register eligible businesses to join us in bringing this to commercial release.

If you are a small business looking to take cashless payments at lower rates, contact us.