Explore Lipa Payments updates, insights and news
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With the festive season fast approaching, retailers are gearing up for one of the busiest times of the year. Transaction volumes and customer activity are at their peak, and retailers must ensure their operations are efficient and scalable to meet this demand. This is where SoftPOS (Software Point of Sale) steps in, transforming Android devices (OS11 and above, with NFC capabilities) into payment terminals that help retailers go beyond traditional POS systems. While often associated with lowering hardware costs for small merchants, SoftPOS has many missed oppurtunities, particularly valuable during high-traffic periods like the festive season and beyond.
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.
GUIDES AND EBOOKS
Get to know more about fintech and payments
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Get to know more about fintech and payments
Navigating the payments industry can be challenging due to all of the acronyms and technical jargon used.
To assist in your payments journey, we have compiled a list of these terms and their meanings, all in one convenient location for better understanding.
African fintech is in a state of constant growth, this is due to the the rapid growth of mobile penetration and use in the continent. This has also given rise to a large number of startups that have generated a wide range of new employment opportunities.
PRODUCT UPDATES
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We’re excited to share the latest enhancements across the Lipa Payments ecosystem, introducing innovative features and improvements to elevate your experience. Among these updates, we made significant enhancements to our user interface (UI), ensuring a more intuitive and visually appealing interaction with our platforms.
In 2024, we plan to unveil additional features and updates for our products, with ongoing updates to keep you informed. Excitingly, we've begun our PCI MPoC journey, aspiring to attain certification in the coming months.
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