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Payments General

Upco International announces launch of new POS payments system

Thursday 6 June 2019 | 01:53 PM CET

Upco International has announced it has launched a new POS payments system, called Upcopoint, which will be available across Europe.

Upcopoint is a POS payments system that will enable businesses to conduct sales and manage inventory and customer data in a streamlined manner. Upcopoint’s key features include:

  • it accepts all forms of payment, including cards, cash, checks, and gift cards;

  • it incorporates blockchain technology for a more secure payment method;

  • it will be fully integrated with UpcoPay's mobile e-wallet, enabling merchants to accept instant payments from consumers using the UpcoPay App;

  • it enables funds to be sent immediately to other Upcopoint users around Europe in order to facilitate real-time cash transfers;

  • it can generate a voucher that can be used to top-up any UpcoPay e-wallet in Europe.

Upco will soon publish its new website showing the new features of Upco App and Upcopoint. Upco is currently developing the customer onboarding process, following the KYC directive to enable the e-wallet functionality in the UpcoPay App.

More: Link
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