This enhancement allows entrepreneurs to combine the functions of the cash register and the payment service in one all-in-one mobile application. The solution is available to business clients of PJSC “BANK VOSTOK” and was implemented in partnership with “E-CHECK” company.
Now entrepreneurs need only one convenient application on their Android device.
Ekaterina Smaznova,
Head of Acquiring Department at PJSC “BANK VOSTOK
This is not just an innovative solution, it’s a guarantee of unprecedented speed and convenience in transactions, significantly simplifying receipt fiscalization and payment acceptance. Our solution surpasses existing market analogues as it includes extended POS functionality, inventory management, and detailed sales analytics. We take pride in offering the market, together with our partners, a convenient alternative to existing simple fiscal register solutions, opening new opportunities for efficiency and business growth.
The new solution is ideal for entrepreneurs working with smartphones, couriers and mobile cashiers, food vendors, and small café owners. It’s also perfect for anyone who wants to accept payments quickly, easily, and conveniently while offering their customers familiar payment methods for goods and services.
Vadzim Smatrayeu,
VP FinTech Services at IBA Group
We’re pleased to be part of launching this new business solution that significantly advances Ukraine’s contactless payments market. Today’s entrepreneurs need comprehensive products that satisfy both market demands and comply with current legislation requirements. This solution opens new opportunities for enhancing efficiency and business growth.
IBA Group has been developing its proprietary SoftPOS solution for over five years, with Ukraine being one of tapXphone’s priority markets. The first solution launch took place in 2020 for Oschadbank. Today, tapXphone-based solutions are also offered by Raiffeisen Bank Ukraine, monobank, Ukrgasbank, PUMB, and PrivatBank. Notably, PrivatBank also provides payment acceptance using Tap to Pay on iPhone technology.
