By Consultants Review Team
HyperPay, a digital payment solutions provider, has introduced HyperTap, a secure Tap on Phone payment solution that aims to transform the way UAE businesses receive payments.
By allowing smartphones to operate as contactless point-of-sale (POS) terminals without the need for extra hardware, HyperTap offers consumers and businesses smooth, affordable, and effective transaction experiences.
Additionally, HyperTap by HyperPay is a major advancement in the digital payment revolution, allowing companies to accept payments at any time and from any location, especially small and medium-sized businesses (SMEs). With the help of a straightforward app, merchants can safely process transactions using NFC-enabled smartphones, improving customer satisfaction and operational effectiveness.
Muhannad Ebwini, Founder and CEO of HyperPay, stated, "In the current fintech landscape, businesses require flexible, affordable payment options that adapt to their changing needs. We offer innovative solutions to SMEs and business owners, such as HyperTap, to streamline payment acceptance, promote digital adoption, and ensure customer convenience while maintaining the highest security standards."
According to the press release, companies can do away with point-of-sale devices by using this application to convert their current smartphones into contactless payment terminals. As a validated MPoC Solution (MPOC) approved by the PCI Security Standards Council (PCI SSC), HyperTap is secured by industry-leading encryption and security protocols that protect transactions and guarantee secure payments for both consumers and companies.
Additionally, it lowers the expenses related to conventional payment hardware, which makes it a great option for field-based SMEs, startups, and mobile-focused companies. Additionally, consumers can swiftly and securely complete contactless transactions using wearable technology, digital wallets, or credit/debit cards.
According to the press release, HyperTap's launch is consistent with the UAE's vision of a cashless economy and digital transformation. The growing demand for secure and seamless payment solutions is expected to have a significant impact on financial transactions throughout the region.
Retail, eCommerce, delivery, logistics, freelancers, and independent professionals are just a few of the industries and merchant segments that HyperPay's HyperTap is designed to cater to. Additionally, by bridging the digital divide, the application assists SMEs in adapting to the evolving financial landscape.
By employing transaction-streamlining technology, HyperTap gives businesses a competitive edge and frees them up to concentrate on growth rather than operational inefficiencies.
According to the statement, HyperTap can now be used by businesses throughout the UAE, with plans to expand to other markets including Saudi Arabia and Egypt. Merchants can download the HyperTap app from popular app stores or register on HyperPay's official website.
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