Polish fintech SoftPos announce that first merchants in Poland have started to use the new version of their app, which allows to accept contactless transactions requiring PIN, including those above the CVM limit.
It’s another milestone for the solution, which is already present in multiple European countries, including Poland, Hungary and Spain.
- From the very beginning we knew, that the solution will be complete once we allow our users to accept payments requiring PIN. We are already at this point - less than a year after our first live transactions were registered in Poland, and that makes us proud. We hope that this milestone will help us to reach new markets and continue the contactless revolution with SoftPos. - says Grzegorz Nowakowski, SoftPos Co-founder and Vice President.
SoftPos is a mobile payment terminal in form of an Android app, which works exactly as the traditional terminals. The app allows to accept contactless payments with card or its virtual equivalents (digital wallets such as Google Pay, Apple Pay, Garmin Pay, etc.). It can serve as a standalone app or white-label solution and be installed on both commercial devices and specialistic hardware made for couriers, restaurants, ticket sellers, etc.
Companies already using the latest version of the app notice that the opportunity to accept transactions requiring PIN improves cooperation with clients, as they value the comfort of new features. They also mention growing awareness of their clients regarding new, safe payments acceptance solutions, responding to their needs.
The only requirements are an Android 8.0 (or higher), internet access and NFC chip. The safety of acceptance of transactions was confirmed by various certificates of payments’ organizations, including Mastercard and VISA. Those certificates guarantee the highest security levels during each transaction processed using the solution.