expressPay has officially introduced its own range of smart Point of Sale (POS) devices into the market.
The capabilities of the POS includes acceptance of cards including Visa and MasterCard, mobile money, QR payments and contactless payment. The POS is also capable of facilitating money transfers, airtime and bill payments.
“Acceptance in the merchant space is changing. It is moving from a traditional hardware play to a software play. This is what gives expressPay the edge with these smart devices. Almost everything you can do on the expressPay app, can now be extended to merchant points, creating increased access to digital financial services” Chief Technology Officer of expressPay, Nii Tetteh said at the launch of the POS device.
expressPay’s CEO, Curtis Vanderpuije also added, “The fact that merchants can now collect payments for electricity, internet, water, etc. also serves as an additional revenue stream for businesses.”
The smart POS has real-time access to transactional records, settlement details, and history as well as end to end agency banking, loyalty, and rewards for customers.