Nedbank and Synthesis Support Contactless Payments on Smartphones using AWS

South African bank Nedbank is committed to prioritizing its product development to suit the needs of its personal and small business clients. To make banking services more inclusive and accessible, the bank worked with AWS Advanced Consulting Partner Synthesis to develop a software-based point-of-sale (POS) system. The solution, built on Amazon Web Services (AWS), can be installed on smartphones without any additional hardware. This allows single operators or small businesses to accept contactless payments easily, lowering the barrier to entry for the country’s retail industry