This is an application for smartphones that allows merchants to accept payments directly on their device, without any additional hardware. This technology, also known as SoftPOS, supports Payplug’s promise of accessibility by offering more mobility for in-store and outdoor payments. Built on cutting-edge technologies, the Payplug platform provides merchants with a unified view of their payments while integrating with their business tools, allowing them to offer a true omnichannel experience.
Its team of 350 payment specialists currently supports over 17,000 merchants such as Seagale and large groups like Maisons du Monde and Veepee. Payplug has been part of the Groupe BPCE since 2017. With Tap to Pay, merchants can accept contactless payments by credit card or wallets such as Apple Pay (on iPhone or Apple Watch), Google Pay, and Samsung Pay.
No additional hardware is required, and there is no limit to the amount: for payments over €50, the PIN code can be entered directly on the smartphone. This allows merchants to:
Capture new sales opportunities: No need to limit transactions to the counter; contactless payments can be made anywhere in a store without a card reader. Equipped with just a smartphone, sales associates can close the sale directly on the shop floor without going through the checkout.
It also facilitates payments at outdoor events such as trade shows and markets. Accelerate the payment process: According to LSA-Conso, 89% of visitors have left a store due to long queues. Tap to Pay solutions help alleviate congestion at the checkout.
Merchants can offer visitors the option to pay wherever they prefer: directly in the store aisles or at a restaurant table. Besides being fast, this solution will leave customers with the memory of a simple and innovative shopping experience. This solution can complement the terminals and/or e-commerce payment modules offered by Payplug, allowing merchants using the solution to have a centralized view of all their transactions.
These transactions are displayed directly on the Payplug portal, whether they come from a smartphone, e-commerce site, or payment terminal. Furthermore, the ability to accept payments with just a smartphone completely changes the paradigm of the sector. The deployment of physical payments is no longer centered around acquiring hardware, but the payment technology itself.
The era of single-use devices is already behind us in terms of personal use, and Tap to Pay opens the door to using a smartphone – in various ways – for businesses as well. Merchants can now accept payments on their smartphones, in-store or on the go. Tap to Pay technology thus streamlines one of the most important steps in the physical purchasing journey: payment.