PayTabs collaborates with Visa for Tap to Phone mobile payment offering
Payment solutions firm PayTabs has collaborated with Visa to offer its PayTabs Touch mobile acceptance solution.
The Tap to Phone solution is designed to help merchants use contactless software-based solutions for payment acceptance.
It will enable merchants to accept payments with contactless cards or wallets with smartphones.
The merchant’s smartphone must be equipped to share data wirelessly via open networks and payment will be processed through the PayTabs Touch Terminal Management Server.
To pay, cardholders have to tap their contactless Visa or other enabled payment cards or wallets on the merchant’s smartphone.
All this can be done without additional devices, thus making the solution cost-effective.
Merchants can view payment history while customers can receive e-receipts for keeping tabs of their purchases.