PayTabs Touch, a mobile app-based POS system that operates using Wi-Fi or mobile data, was recently released to the Middle Eastern and North African (MENA) market. In the throes of the global pandemic where physical businesses have suffered immensely, PayTabs' new POS product provides a convenient, cost-effective, and contactless payment solution that keeps consumers safe while allowing businesses to operate efficiently and effectively.
The PayTabs Touch program is currently partnered with both Visa and Mastercard, and accepts payments from digital wallets, making the POS app an opportune retailing tool. The POS program is particularly helpful for small businesses and pop-up merchants who require an affordable and accessible way to process payments while on the go. Concerning safety, PayTabs Touch is fully secure and legally compliant and has the ability to shut down in case of security issues.
Image Credit: PayTabs
What's Driving This Trend
- Mobile-based POS Systems
- The shift towards mobile-based POS systems can provide a cost-effective and contactless payment solution for both consumers and businesses.
- Contactless Payment Solutions
- Contactless payment solutions like PayTabs Touch can become the new standard for payment processing, particularly in a post-pandemic world
- Digital Wallet Integration
- The integration of digital wallets in mobile-based POS systems can provide a convenient and efficient retailing tool for businesses.
Who This Affects Most
- Retail Industry
- Mobile-based POS solutions like PayTabs Touch can provide an affordable and accessible payment solution for small businesses and pop-up merchants.
- Hospitality Industry
- The adoption of contactless payment solutions like PayTabs Touch can enhance the safety and convenience of payment processing for hotels and restaurants.
- Fintech Industry
- The integration of mobile-based POS solutions with digital wallets presents opportunities for FinTech companies to provide innovative payment processing solutions.
