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Otkritie Bank allowed using a smartphone instead of a terminal

Otkritie Bank allowed using a smartphone instead of a terminal
Photo: pixabay.com
Otkritie Bank has offered entrepreneurs with Samsung smartphones a new SoftPOS payment solution. The application on the phone has reduced the cost of acquiring payment terminals.

Otkritie Bank’s smartphones can now be used as POS-terminals or online cash registers. After payment, the customer receives a check by e-mail or in an SMS message. Moreover, the new application makes it possible to accept all types of payments: from bank cards, cash or transfers from applications.

According to the press service of Otkritie Bank, the security of the new software provides protection against unauthorized access and hacking. Also, the application does not allow you to intercept and copy card data, protects against viruses and spyware, stores encryption keys. So far, the new option is only available in Moscow.
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