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
Smart and Intelligent: Payments Redefined
Discover how managed connectivity is shaping the future of fintech. Explore the exponential growth of Soft Point-of-Sale (SoftPOS) solutions and their dependence on reliable connectivity. Learn how managed connectivity empowers merchants, enables innovation, and ensures robust transactions in the fiercely competitive fintech landscape.
So you're a SoftPOS vendor. So what?
Amidst SoftPOS technology's mainstream adoption, driven by accessibility and convenience, businesses must navigate numerous providers, including industry giants like Apple, Stripe, and Ayden. To make informed choices, they should consider factors such as commitment to ongoing product development, local market understanding, integration flexibility, and cross-platform compatibility. These criteria ensure that chosen solutions not only meet current needs but also pave the way for sustainable growth in the rapidly evolving payments landscape.
Halo Dot Achieves Visa-Ready Certification for Tap to Phone SDK
Halo Dot, a division of Synthesis Software Technologies, has attained Visa Ready Certification for its Tap to Phone SDK, streamlining contactless payments on Android devices. The Full SDK certification eliminates the need for PCI lab assessments, saving time and costs for integrators. By offering a simplified and secure solution, Halo Dot aims to accelerate SoftPOS technology adoption. This achievement underscores Halo Dot's expertise in contactless payments and showcases its leadership in the SoftPOS field.
Welcome to the next generation of Point of Sale (POS)
It’s hard to believe that a DVD mail-order business has redefined what it means to stream digital content for the global age. And yet, that is precisely what Netflix has done. From its humble postal beginnings in 1998, the streaming service is now a household name and a global presence. This is the ultimate showcase of how innovations in technology can reshape an entire industry, and this is precisely what software point of sale is doing.
Bringing the Tech and the Fin to Money20/20
Money20/20, a premier fintech event, highlights innovations in the industry. Halo Dot's user-friendly contactless payment system for SMEs stood out this year. By eliminating bulky hardware, it simplifies transactions. The event emphasized topics like cryptocurrencies and NFTs. Halo Dot showcased its relevance by streamlining payments and aligning with evolving tech trends.
The stickiness of security for customer trust and seamless transaction
The McKinsey 2020 Digital Payments Consumer Survey found that digital payments continue to grow in adoption and relevance. Smart solutions that offer accessible and easy digital transactions are increasingly becoming essential to consumer stickiness and engagement. However, as these solutions evolve, so must the security surrounding them to ensure that both retailer and consumer are protected. This is particularly relevant with software Point-of-Sale (POS) platforms which are gaining traction in the payments space.
Seamless, Speedy and Secure: The Lowdown on Halo Dot
We live in a world where ease and speed are expected - our impatience grows stronger every day. This doesn’t stem from a sense of entitlement but is a product of constant evolution and innovation. This applies especially to making payments.
Halo Dot, Ukheshe Technologies partner for global mobile payment innovation
Halo Dot, the developers of a contactless card payment technology that allows merchants to make sales and accept payments directly on their mobile phones, and Ukheshe Technologies, a global embedded finance enabler, have entered a strategic partnership.
6 Reasons why Halo Dot is a Game-Changing Technology
Halo Dot is a contactless card payment technology that allows merchants to make sales and accept payments directly on their mobile phones. It has the potential to disrupt how payments take place in a digitally-driven world massively. Pierre Aurel, Head of Product at Halo Dot, explains why merchants and their customers should embrace this technology.
A Changing Payments Landscape for Small Businesses
In South Africa, managing customer payments is crucial for small businesses, especially informal traders. Halo Dot's innovative technology empowers businesses by enabling secure cardless payments through mobile apps. This eliminates the need for costly Point of Sale devices, making it easier for street vendors and small shops to accept card transactions. By integrating with existing apps, Halo Dot enhances inventory management and provides insights for growth. This shift towards digital payments not only improves convenience but also supports the evolving payment landscape, benefiting self-employed individuals and small enterprises alike.
What is NFC technology and how is it already part of your life?
You may not know what the acronym stands for, but chances are, you are already benefitting from this technology.