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

June 13, 2019 

As an authorized Visa solution provider, IBA Group launched Tap to Phone solutions in Ukraine and Belarus. 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 Ukraine and Belarus. 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.

On June 6, IBA Group presented the Tap to Phone technology in Belarus in cooperation with Visa and Priorbank, a leading commercial bank of Belarus. On June 4, IBA Group in cooperation with Visa and Oshchadbank, a leading Ukrainian bank, launched a Tap to Phone solution in Ukraine. The two countries are among the first in the world to introduce the Tap to Phone technology.

Vadim SmotryaevSolution Architect and Division Director at IBA Group

IBA Group was listed among The Global Outsourcing 100 companies in the Leader category for six consecutive years and is included in the Best of The Global Outsourcing 100 this year. It is a great honor for us. We have repeatedly demonstrated commitment to the highest standards of excellence, customer service, innovation, and social responsibility. This achievement inspires us and motivates to keep moving forward, going to the next level of excellence and performance.