Mobile PaymentPoint Of Sale IntegrationSoftPOS

SoftPOS: Transform A Mobile Android Device Into A Payment Terminal

October 16, 2024

A DYNAMIC PARTNERSHIP

Introducing Lipa Payments

Transaction Junction (TJ) and Lipa Payments (Lipa) have formed a dynamic partnership with the outcome redefining the level of simplicity, convenience and affordability in accepting contactless payment on the move.

The SoftPOS platform empowers merchants to transform a regular Android device into a payment terminal, enabling payment acceptance via Near Field Communication (NFC).

These payments are processed through IMBEKO, TJ’s in-house switch, ensuring transaction speed, accuracy and industry-leading stability. Additionally, merchants are provided access to TJ’s Transpector portal to track, manage and reconcile transactions post-payment.

ACCEPT PAYMENT

Embrace Contactless Payments On Android

Lipa allows merchants to accept NFC “tap on phone” contactless payments directly on an Android device. Consumers can simply tap their NFC-enabled bank card, smartphone or wearable to make a payment.

PIN On Glass

For transactions exceeding contactless limits, Lipa includes a “PIN on Glass” feature, enabling consumers to securely enter their PIN on the mobile device’s screen, ensuring sensitive information remains protected.

INTEGRATION OPTIONS

Add NFC Payment Capabilities To Your Current App

Intent app: Integrate NFC payment into your existing app to enhance the overall user experience, making payment processing smoother and more efficient. Using Android Intents, your app can send an instruction to wake up the SoftPOS and prompt it to accept payments effortlessly.

INTEGRATION OPTIONS

Utilise An “Out Of The Box” Payment Application

Standalone app: Businesses can utilise a pre-certified complete payment application. This approach provides the quickest, simplest deployment option. The standalone app can be fully white-labelled to align to the merchants brand strategy.

Use Cases

Handling Increased Traffic: During peak shopping periods, such as Black Friday and the Festive Season, SoftPOS can be used as an added tool to effectively manage additional traffic.

Back Up: SoftPOS can be used as a back-up should there be an issue with an existing card machine.

Queue Busting: During busy hours, merchants can process payments on the shop floor, reducing wait times and serving more consumers in a day.

Delivery Services: Merchants can accept payments on the go, providing convenience and swift transactions to customers. SoftPOS can be integrated into a number of existing delivery applications.

Events: For events and festivals, merchants can quickly set up mobile payment, allowing for fast transactions whilst enhancing customer experience.

Small Businesses: Small businesses can leverage SoftPOS to accept payments easily without the cost of traditional payment hardware.

Key Advantages

Mobile: Reduce payment friction and expand your business by accepting payments on the go.

Versatile: Merchants can operate SoftPOS entirely without payment hardware or alongside existing systems for added versatility. All you need is an Android device.

Affordable: SoftPOS reduces hardware costs, providing a cost-effective solution for merchants of all sizes.

Secure: Advanced security features protect sensitive customer information, fostering trust in the payment process.

Easy & Quick Setup: The straightforward integration process enables merchants to start accepting payments rapidly and effortlessly.

Brand Customisable: Businesses can personalise the UI, reinforcing their unique brand identity.

Certifications

Lipa has received both VISA and Mastercard Tap On Phone certifications, this serves as a testament to their unwavering commitment to providing a secure payment solution. Their SoftPOS solution has undergone rigorous evaluations, meeting all security and functional requirements mandated by the EMVCo, PCI-SSC and Card Scheme standards.

Minimum Specs

Device requirements for running Lipa SoftPOS:

Minimum: Android OS 11.0
NFC: Enabled
WiFi or mobile data: Enabled
Device must not be rooted, tampered with, have developer options enabled, be an emulator, or be hooked.

Transaction Management Tools

TJ provides their customers with access to Transpector, a user-friendly portal helping merchants to seamlessly manage their business’ transactions.

Transaction reporting: The Transpector portal provides merchants with direct and intelligible access to their business’s transaction data in real-time. With a full breakdown of transaction history and intuitive search and filter functionality, merchants can quickly locate specific transactions, with the option to download reports.

Automated reconciliation: Say goodbye to the timeous and error-prone task of manually reconciling transactions. TJ’s sophisticated automated reconciliation process meticulously compares and interrogates transactions from the app against those recognised by your acquiring bank, with clear visibility of what was sold versus settled.

Conclusion

Transaction Junction’s partnership with Lipa Payments focuses on enhancing payment mobility, simplicity and go-to-market time through SoftPOS technology. SoftPOS provides exceptional flexibility by allowing businesses to process payments without the need for additional hardware or seamlessly integrate with their existing systems.

About Lipa Payments

Lipa Payments is a payment software solution for small business and enterprises that allows small merchants to accept digital payments using Near Field Communication (NFC) and Bluetooth Low Energy (BLE) technology. We reduce the need for dedicated card payment terminal hardware.

Founded in 2019 by visionary tech entrepreneurs, Thando Hlongwane and Roger Bukuru, Lipa Payments stands at the forefront of empowering small businesses and reshaping the future of financial transactions.

For more information, visit www.lipapayments.com

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SoftPOS: Transform A Mobile Android Device Into A Payment Terminal

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