Creates an innovative brand for your POS business
Merchants are able to turn their mobile phone into contactless POS terminals
Different markets have different CVM (cardholder verification method) requirements. While the European market mandates PIN, the U.S market doesn’t support it currently. Signature is a preferred way along with CD CVM in the U.S. SoftPOS vendor should ensure that the solution supports all CVM methods, including PIN, signature, and CD CVM
There is an increasing number of POS systems and applications due to the various needs of different market segments and regions. U.S market requires POS app developers to implement special application selection logic for U.S Common Debit to support domestic debit networks. On the other hand, the European market has other regulations such as Strong Customer Authentication (SCA). All these requirements require modified transaction flows which SoftPOS SDK should support
In the hardware POS business, POS terminals come to the merchant’s hand already installed and in a secure way.
However, for SoftPOS, merchants only need to download the app from Google Playstore