This would enable small-medium enterprises to accept digital payments through their smartphones at a lower cost.
Visa and fintech payment solutions provider Global Payments have co-launched the mobile tap payment solution in Singapore, allowing sellers to facilitate payments using their smartphones without additional hardware investment.
The solution uses Visa’s tap to phone technology, which allows merchants with Android devices to accept contactless payments through a third party application, eliminating the need of a point-of-sale terminal.
