LIPA BLOG
Explore Lipa Payments updates, insights and news
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Explore Lipa Payments updates, insights and news
At Lipa Payments, you may know us as a provider of payment software solutions for banks and fintech, empowering small merchants to accept digital payments using Near Field Communication (NFC) and Bluetooth Low Energy (BLE) technology. Our platform has already significantly reduced the need for dedicated card payment terminal hardware.
In the dynamic world of on-demand services, efficiency and cost-effectiveness are key factors that can make or break a business. The arrival of SoftPOS (Software Point of Sale) is a game-changer for solutions such as ridesharing apps, food delivery services, grocery delivery platforms and merchant on the go services. SoftPOS addresses various challenges faced in the Pay-on-Delivery and Pay-on-Arrival scenarios, making it a beneficial alternative to traditional payment acceptance methods.
In the evolving landscape of event management amid digital acceleration, contactless payments are taking centre stage. A study by Juniper Research projects global contactless payment transactions to surge from $4.6 trillion in 2022 to $10 trillion by 2027. This growth is fuelled by investments in the contactless payments ecosystem, particularly in contactless-enabled POS terminals and device-level support. As events prioritise efficiency and safety, the increasing importance of contactless payments is evident.