NETS unveils terminal-less contactless payment solution

It accepts card payments and QR payments from local and overseas apps.

Singapore's NETS has launched SoftPOS, a terminal-less payment solution enabling its merchants to accept contactless payments from card, QR, or mobile.

Card payments accepted include the NETS ATM / debit card, NETS Prepaid Card and major international card schemes.

QR payments can be accepted from DBS, OCBC and UOB banking apps, as well as select overseas banking and wallet apps from China, Indonesia, Malaysia and Thailand.

Merchants can download the NETS SoftPOST app from the Google Play Store and use their Android smart devices as payment terminals to accept contactless payments.

NETS said that merchants do not need to worry about additional terminals or hardware to integrate into their existing workflows, all whilst allowing them to offer on-the-go payment acceptance securely.

NETS SoftPOS is compatible with most Android based devices including single or dual Screen POS hardware and tablets should merchants prefer not to use their personal mobile devices, according to NETS.