IBA Group and Visa Launch Tap To Phone in Belarus and Ukraine

As an authorized Visa solution provider, IBA Group launched Tap to Phone solutions in Eastern Europe. Designed for small and medium-sized enterprises (SMEs), the Tap to Phone technology is an evolution of the mobile acquiring technology, enabling a smartphone with an NFC chip to work as a point of sales (POS). To accept payments, one needs to install a transaction processing application on a smartphone and have a bank account.

As an authorized Visa solution provider, IBA Group launched Tap to Phone solutions in few countries in Eastern Europe. Designed for small and medium-sized enterprises (SMEs), the Tap to Phone technology is an evolution of the mobile acquiring technology, enabling a smartphone with an NFC chip to work as a point of sales (POS). To accept payments, one needs to install a transaction processing application on a smartphone and have a bank account.

The application supports payments by contactless bankcards and NFC-enabled smart devices. Using the technology, SMEs can provide additional services to their customers who prefer cashless transactions.