Finance

Bank’s app turns mobile phones to PoS

Sterling Bank Plc has launched ‘OnePay for Business’, a mobile app that empowers merchants to use their mobile phones as the point-of-sales platform.

The app enables merchants and their customers to receive and make card-less, contactless and cashless payments for goods and services in a near-cash form, using QR code, Bluetooth and PaywithSpecta.

Introducing OnePay for Business in Lagos, Group Head, Digital Banking at Sterling Bank, Dipo Alabede, said the innovation meets the need for a hygienic payment method in a COVID-19 world.
“The contactless payment feature on the app is essential for merchants and customers because it keeps both safe as the world combats the coronavirus pandemic. It is also an effortless way to make payments,” he said.

Read:  Coca-Cola launches JAMII sustainability platform for Africa

According to Alabede, OnePay for Business is easy to use and available for download on the Android Play Store and iOS Store. It requires a smartphone with an internet connection to set up.

Read:  CreditVille, Dradrock, Others win West Africa Innovation awards

After setting up, customers could log in to use payment options that include QR code, nearby payment (Bluetooth) and PaywithSpecta.

Alabede explained that customers could make payments using the app’s QR feature if it is enabled as a part of their mobile banking offerings.

Read:  Rising bank charges put customers on edge

“To pay merchants, customers have to open their OneBank app or any other bank mobile app to select the QR service option, validate and complete the transaction.”

Guardian

Related posts

Vitafoam reports revenue growth to N82.58 billion

NigGal

Access Bank to drive banking closer to Nigerians with over 70k Closa Agents

NigGal

Notore records N4.1bn revenue in Q1 2023

NigGal

Nigeria’s stock market trends bullish as investors gain N117bn in 2 days

NigGal

Montblanc expands to Nigeria

NigGal

Itel rewards customer with brand new car in Ibadan

NigGal

Leave a Comment