The world of payments is changing at lightning speed.
Contactless payments, online payments e digital walletsare excellent examples of this change, a change which, as well as being challenging, also brings great business opportunities.
One of these challenges goes by the name of tap on phone and has recently developed in Portugal, first with the presentation of the "National Strategy for Retail Payments 2025" by the Bank of Portugal and, subsequently, with the launch of the REDUNIQ Soft, a solution that promises to revolutionise the way businesses can receive payments.
What is Tap on Phone?
In practice, the Tap On Phone (ToP) is a technology that turns a business's smartphone or tablet into a real physical POS capable of receiving NFC payments, QR Code payments or Contactless paymentsat any time of day and in any place.
For this to happen, the economic agent must install a payment app on your smartphone which, once activated, allows you to move to receive payments by MB WAYby contactless, Google Pay or Apple Pay, by approaching the mobile phone.
Faster, more mobile and more affordable (they don't usually require you to pay a monthly fee). tap on phonesuch as REDUNIQ Softare the ideal solution for businesses that want to streamline their operations and become more mobile and digital.
These and other advantages, which we will systematise later in this article, have led the Bank of Portugal to include in its "National Strategy for Retail Payments 2025" the will that, by 2025, Portuguese businesses will dynamise
"tap-to-phone and similar payment solutions that allow the retailer to receive contactless, QR Code and NFC payments from a smartphone"
REDUNIQ Soft: the innovative solution tap on phone that takes your business everywhere
If the Bank of Portugal asks for innovation and dynamism, REDUNIQ responds with the REDUNIQ SoftThis solution allows Portuguese businesses to accept QR Code, NFC or Contactless payments wherever and whenever they need them.
Generally speaking, by contracting this service and installing the REDUNIQ Soft app on your smartphone or tablet, turning it into a real Android POS system, businesses are ready to receive payments from their customers immediately via contactless card, MB WAY, Google Pay, Apple Pay, QR Code, mobile phone number or NFC.
In order for the payment to take place, after installing and activating the REDUNIQ Soft app, you will need to:
- Enter the amount to be paid by the customer in the application;
- Select the desired payment method (QR Code & NFC, Mobile phone number or Contactless) and the money will be debited from your account;
- Authentication and issue of payment receipt. At the end, you can email the payment receipt to your customer.
Tap on Phone: main benefits for business
The inclusion of a solution tap on phone in your business will bring you a number of benefits, including:
- Receive payments on your smartphone via NFC, QR Code, mobile phone number or Contactless securely, without the need for a POS;
- With no need for extra equipment, installing the REDUNIQ Soft application is all you need to receive payments by smartphone;
- It now accepts payments at any time of day and from anywhere;
- There is no monthly TPA fee;
- As it is a more digital service, it saves you having to print receipts, as the receipt is sent by email;
- Remote returns;
- Possibility of personalising your customers' profiles;
- Backoffice Management.
