Leading financial technology company, expressPay, has introduced into the Ghanaian market, a smart Point of Sale (POS) device to enhance merchant payments.
expressPay brings its wealth of experience from its consumer app to revolutionize merchant payments. The expressPay POS is essentially a 4-in-1 device for merchants – 1. It accepts all cards (Visa, MasterCard, American Express)
It accepts all mobile money schemes, QR payments, It facilitates money transfers, airtime and bill payments. And to top it off, the POS accepts contactless payments – a key feature that creates additional peace of mind, especially during the current pandemic.
Speaking at the launch of the expressPay POS, the Chief Technology Officer of expressPay, Nii Tetteh said: “acceptance in the merchant space is changing. It is moving from a traditional hardware play to a software play. This is what gives expressPay the edge with these smart devices. Almost everything you can do on the expressPay app, can now be extended to merchant points, creating increased access to digital financial services”. expressPay’s CEO, Curtis Vanderpuije added, “the fact that merchants can now collect payments for electricity, internet, water, etc. also serves as an additional revenue stream for businesses.”
The POS has reporting functionality built in, providing merchants with real-time access to all transactional records, settlement details and history which help with reconciliation. And most excitingly, there are lots of additional capabilities that can be built onto these smart devices, for example, end -to – end agency banking, loyalty and rewards for customers, etc.
The introduction of the expressPay POS will not only entrench expressPay’s position as a market leader, but also boost industry efforts to attain a cashlite society and help in the fight against the Covid-19 pandemic in the country.
About the Company
expressPay is a leading financial technology company in Ghana, with an innovative platform that simplifies the payment of bills, goods and services. expressPay accepts and facilitates payments across all major international card networks (Visa, MasterCard, American Express), the domestic card network and mobile money schemes.
As a marketplace, expressPay gives consumers real time access to services such as airtime for all the major telecom service providers, (MTN, Surfline internet, Vodafone, Busy internet, AirtelTigo, and Glo), DSTv, GOtv and utility services, etc. It also offers real time payments for services such as schools and hotels with lots of other segments in the pipeline.
expressPay offers an interoperable mobile money service which enables payment across all the major mobile money operations – MTN Mobile Money, AirtelTigo Cash and Vodafone Cash. expressPay serves as a one-stop-shop technology provider with both payment and merchant aggregation capabilities.
expressPay meets all the international security standards and is ISO and PCI DSS certified.