Leading fintech, expressPay, has launched a new product for the Ghanaian market, a smart Point of Sale (POS) device to facilitate merchant payments.
Bringing its wealth of experience from its consumer app, expressPay aims to revolutionize merchant payments via this 4-in-1 device for merchants which accepts all cards (Visa, MasterCard, American Express), all mobile money schemes and QR payments, whilst also facilitating money transfers, airtime and bill payments.
On top of that, the POS accepts contactless payments, which will serve to further curb the spread of the current COVID-19 pandemic.
The POS has a built-in reporting functionality which will provide merchants with real-time access to all transactional records, settlement details and history, which will help to ease reconciliation. Furthermore, a host of other additional capabilities (like end-to-end agency banking, for example) can be built onto the smart POS device.
This development serves to entrench expressPay’s position as a market leader, whilst also helping to achieve a cash-lite society to further boost the fight against the Covid-19 pandemic in Ghana.