Hellopay, Mastercard partner to launch mobile POS solution in South Africa

Thursday 4 March 2021 15:35 CET | News

South Africa-based payments facilitator Hellopay has announced a partnership with Mastercard to launch a mobile POS solution, enabling contactless payments acceptance on NFC-enabled Android devices.

The solution leverages Mastercard’s ‘Tap on Phone’ technology, which was developed for micro and small businesses like spaza shops, independent retailers, market stall traders, mobile servicemen, and tradesmen who tend to operate in a cash economy due to the cost and complexity of obtaining traditional point of sale devices. Hellopay’s ‘Tap on Phone’ solution is the result of a collaborative partnership between Nedbank, Mastercard, and SmartPesa.

By downloading the app, businesses can turn Android smartphones into payment acceptance devices for contactless cards, mobile wallets, and smartwatches. The solution is aimed at facilitating low-value transactions, enabling merchants to accept payments in store or upon delivery.

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Keywords: helloPay, Mastercard, mPOS, online payments
Categories: Payments & Commerce
Countries: South Africa
This article is part of category

Payments & Commerce

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