Merchants in the UK, Sweden and the Netherlands can now accept contactless payments on a standard Android NFC smartphone or other mobile device using a software point of sale (sPOS) solution being rolled out by PayPal. PayPal says it plans to launch the solution in other markets “in the near future”, according to NFCW.
To use Tap to Pay with Zettle, merchants download PayPal’s Zettle Go application on their Android device and sign up for the service through the app or directly from a PayPal business account.
They can then begin accepting contactless payments made with a physical credit or debit card or via a mobile wallet.
Once a payment is approved, the merchant can opt to print, email or text a receipt to the customer.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
