Mobile points-of-sale allow consumers integrate their card payments with smartphone applications creating mobile wallets which make payment methods like tap-and-go possible.
Barclays Bank has partnered with Pewin taxi cab to roll out the solution on a pilot project and is in the process of extending similar partnerships to other companies.
According to the company, mPOS will enable businesses that previously operated on a cash only basis to increase their sales and expand their customer base by enhancing their payment solutions.
The Paypers. All rights reserved. No part of this site can be reproduced
without explicit permission of The Paypers(V2.3).