We are all used to Point of Sale (POS) systems, first we swiped and now we tap debit and credit cards to pay.
Then mobile Point of Sale (mPOS) systems began to appear. These consist 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 the 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 device into a payments terminal with no extra hardware.
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.