New Payment System Uses NearBytes to Pay Directly on POS Devices

Edgetech Solutions, a banking solutions company based in Zimbabwe-Harare, will soon launch a mobile payment application that uses NearBytes technology to transmit payments through sound. The solution named Edgepay integrates Edgetech systems, NearBytes and POS APIs to build a solid Mobile Payment application.

With this app, which will be released for iOS and Android platforms in the coming weeks, users will be able to make financial transactions directly into physical stores. Consumers will be able to make payments directly from their smartphone without the need of being connected to the internet. The new POS model has all the current capabilities for card payments (EMV/NFC/magnetic tape reader) and also features a microphone and speaker allowing NearBytes communication.

Wilson Tawodzera, Edgetech Consultancy Managing Director, recently gave an interview about his new product, also describing his experience integrating the Edgepay Solution with NearBytes Technology.

Speaking about the new product he said, “This solution is called Edgepay and is a mobile payments solution. A native application integrated to NearBytes is installed on a mobile device (we used the NearBytes api for phonegap); On the POS terminal we also have an application integrated to NearBytes (using the linux API for NearBytes). When a customer wants to pay for goods and services at a POS terminal, the POS attendant inputs the transaction details on the POS terminal. Then using NearBytes, the transaction details are transferred to the customer’s mobile device (using the native application). The customer can view the transaction details and then inputs his mobile banking PIN to authenticate the transaction. The details are transferred back to the POS terminal from the mobile device (including the authentication details which are encrypted); The POS terminal sends the request to bank for processing and prints receipt on successful response”

 

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