With the addition of these options, PayNearby will be launching an all-inclusive digital package for retailers that is form factor agnostic. PayNearby’s digital payment package now supports QR code payment, UPI payment, Aadhaar Pay, SMS payment, Card payment (debit/credit/contactless), and payment through mobile tokenization.
While SoftPoS allows merchants to accept contactless payments of up to USD 67 through a tap and pay mechanism on NFC-enabled smartphones, PayNearby’s 2-in-1 Micro ATM + MPOS machine allows acceptance of debit/credit cards at the last mile. Customers can use any physical card or mobile with tokenization and pay by using the above options. Aiding PayNearby in this initiative is processing partner, PayNext and SoftPoS solution partner, Uvik.
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