- IBS intelligence
3 reasons SoftPOS is an ideal acceptance solution for MSME’s in India
“The digital payments space in India is witnessing a remarkable transformation with the adoption of multiple payment mechanisms like cards, wallets, QR codes, UPI etc.
Given the high penetration of smart mobile phones in the country and extensive telecom availability across remote locations; providing a low cost, ‘asset-lite’ acceptance solution in the form of SoftPOS is emerging as a revolutionary concept.
SoftPOS is a mobile first, mobile-only acceptance solution, that enables merchants to transform their NFC enabled smartphones into Point of Sale terminals, eliminating the need to invest in traditional POS terminals.