SnapScan is a mobile payment beacon that is already widely popular in Cape Town, South Africa. The platform is currently being offered by over 40 merchants and makes financing easy while on the go.
Rather than having to scan a code, users can pay for purchases via bluetooth thanks to SnapScan. The new process ultimately saves consumers time by avoiding line-ups and extra payment steps. This widely popular mobile payment beacon uses QR code and safety pin technology to let users make their purchases and ensures fast, efficient and secure transactions.
The technology marks the evolution of mobile banking and proves that apps are only the beginning of finance management's bold future. This and other beacon technologies focus on user convenience and create a customized experience for consumers.