It is a POS application that allows merchants to carry out transactions from Android-based devices using contactless cards or mobile wallets, without needing physical devices.
Companies may give this product various names such as pocket POS, POS in my pocket, my POS in my pocket, POS to pocket, or POS on mobile.
The most important points are that it can be used on an Android and NFC-capable device. In addition, for PIN entry on above-CVM transactions, it needs to be supported by software that meets PCI standards.
Soft POS applications include many sections and screens such as Sale, Cancellation, Refund, Reports, user permissions, and contact screens.
In addition, a terminal must be created for each user, and that terminal must only be allowed to be activated on a single device. Allowing merchant staff to manage this process themselves from the management panel will reduce operational workload.
The benefits of the Soft POS product include;
- Merchants can get set up quickly,
- No device purchase cost,
- No device field deployment or inventory cost,
- Contributes to sustainability since there is no printed receipt, and many other benefits.
So, why can't it be used on iPhone devices? This is because Apple does not support NFC for this use case.