The SPOS is set to debut in the second quarter of this year
Samsung and FDP have published a press release in which they announced that they are working on a solution that will allow users to turn their smartphone into a payment terminal. The so-called Soft POS, which in this case is being called an SPOS, is supposed to hit the Polish market in the second quarter of this year. After that, Samsung and First Data are planning on introducing it abroad.
The press release states that the SPOS will use a payment accepting app created by First Data, as well as Samsung Knox technology, which will take care of safety on the mobile device. The project will also use software made by Cardtek, while First Data will serve as the paying agent and make sure the transactions are processed quickly and securely. – We are sure that, together with Samsung, we will offer customers and business owners a comprehensive yet very safe solution for accepting payments, which will be easy to use and intuitive – said Krzysztof Polończyk, FDP president.
SPOS will not be the first Soft POS on the Polish market. A few months ago Polskie ePłatności, together with Canadian company Mobeewave and Mastercard, began a pilot project. Elavon is also planning on testing a similar solution. What all these projects have in common is accepting payments of up to 50 złoty (11.7 euro) with no need for entering a PIN code. Recently eService has also announced work on a mobile app terminal. This terminal will accept larger payments, but it will require a smartphone dongle to separate the card data from the payment app.