Raiffeisenbank can already turn a mobile phone into a payment terminal

The fact that customers can already use a smart mobile phone as a replacement for a payment card has become accustomed to this in the Czech Republic for a long time. But for the mobile to serve in our region as well receiving payment terminal, it was still just a fantasy. A revolutionary solution designed directly for the Czech market is now being implemented by Raiffeisenbank in cooperation with the REVO brand. News by name REVO SoftPOS, which will allow you to receive contactless payments through the NFC module in your mobile phone, is intended for corporate clients of this bank.

There are no monthly fees associated with the application, the customer pays only if he really uses it. Electronic receipts are simply sent by e-mail. Anyone who owns the REVO SoftPOS application can use it smart mobile device with NFC reader and at the same time with Android 8 and higher. The tool is intended primarily for sole proprietors or small businesses with a smaller volume of transactions who accept cards in smaller quantities or are often on the road. Alternatively, it can be used as a supplement to existing payment terminals.

We are constantly trying to offer our clients some news and this type of terminal represents the pinnacle of current technology in the field of accepting payment cards. The customer only needs to own a smartphone with the Android OS, to have it with us set up a business account and enter into a contract at a bank branch, ”Says Raiffeisenbank segment manager Jiří Zeman.

How many places do you know without the possibility to pay by card?

Source: Raiffeisenbank