Smartphones used as POS, here is the solution of Mastercard and Intesa Sanpaolo

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Tap on Phone, presented by Mastercard and Intesa Sanpaolo, is an experimental solution that allows the smartphone to be used as a POS for payments. All managed within a single app.

Is called Tap on Phone and it is an experimental solution that allows use the smartphone as a POS for payments. The initiative was promoted and presented by Mastercard and Intesa Sanpaolo at the Milan Payments Show. Made in Italy, the function allows merchants to directly use the smartphone to manage and collect payments made by their customers with contactless cards and via digital wallets, such as Apple Pay and Samsung Pay.

The new payment solution is currently available on Samsung's Galaxy S8 smartphones and later models. Once the amount to be paid has been selected, the customer can approach his smartphone, wearable or card to the seller's smartphone to make the payment. Everything will be managed by a single application – called XME Commerce – which also allows issuing the receipt which will always be transmitted in digital format.

"Tap on Phone is born from the so-called new digital acceptance, that is the path that Intesa Sanpaolo has taken in recent years to promote the spread and use of digital payments: not only new solutions aimed at consumers, but also new proposals to extend the network and the methods of acceptance".

The ultimate goal of Tap on Phone is to enable merchants, companies and freelancers – who work on the move – to accept cards and digital wallets through a solution that does not require an additional hardware device, in addition to the merchant's smartphone, and which allows a user friendly and secure payment experience to end customers.

Tap On Phone draws the Samsung Pay Touch application very closely, available in Canada. The South Korean manufacturer's app makes it possible to transform some Galaxy smartphones into a POS terminal. However, with the spread of payments via smartphone and wearable, these solutions represent a step towards the simplification of new payment methods even for those who receive them.

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https://www.tomshw.it/smartphone/smartphone-utilizzati-come-pos-ecco-la-soluzione-di-mastercard-e-intesa-sanpaolo/

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