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iVeri & Nedbank’s ‘Tap-on-phone’ – a first in Africa – empowers SMMEs with safe and secure contactless payments

At the height of the global Covid-19 pandemic, Nedbank became the first bank to offer small, medium and micro enterprises (SMMEs) the ability to turn their cellphones into a payment acceptance device with the launch of its Tap-on-phone functionality in October 2020.

Following a successful closed pilot in June, the easily downloadable app has empowered a number of merchants and business owners with the ability to accept card payments on their cellphones without having to purchase point-of-sale (POS) devices. Merchants include beauty parlours, hairdressers and car washes, proving the importance of such a solution for small to medium sized enterprises in South Africa.

iVeri, Nedbank and Synthesis new ‘tap on phone’ – a first in Africa – enables safe and secure contactless payments

30 June 2020 – Nedbank has unveiled its new tap-on-phone functionality that allows all merchants and business owners to convert their mobile phones into payment acceptance devices.

Tap on phone makes it easier for small- and medium-sized businesses to use their compatible smartphones to accept quick, easy, and secure, payments from their customers for goods or services. Due to the Covid-19 pandemic facing the world we have all been sensitised to the need for social distancing, which has impacted all areas of our lives, including how we transact on a day-to-day basis. The tap-on-phone functionality enables contactless payment acceptance and there’s no health risk to the merchant or customer.

Corona Virus update

With Covid19 Shutdowns being implemented in many countries, please note that iVeri remains fully operational. Contact us through your normal channels, info@iveri.com or log a request on our website under Support and please stay safe!!!

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IndiGo goes Mass Transit

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