Lipa Payments • Mar 20, 2024

SoftPOS for On-the-Go and On-Demand Services


In the dynamic world of on-demand services, efficiency and cost-effectiveness are key factors that can make or break a business. The arrival of SoftPOS (Software Point of Sale) is a game-changer for solutions such as ridesharing apps, food delivery services, grocery delivery platforms and merchant on the go services. SoftPOS addresses various challenges faced in the Pay-on-Delivery and Pay-on-Arrival scenarios, making it a beneficial alternative to traditional payment acceptance methods .

1. Cost-Effective Transactions: 


One of the major benefits of SoftPOS for Pay-on-Delivery and Pay-on-Arrival is the lower transaction costs. Traditional payment methods include cash on delivery and e-commerce payments (card-not-present transactions). Cash handling costs and e-commerce payments fees are typically higher than the cost of in-person card payments (card-present transactions). 
 

2. Reduced Hardware Requirements: 

 

Equipping each delivery driver or merchant-on-the-go with a dedicated card machine can become quite costly at scale. SoftPOS allows the existing smartphone that is given to drivers to navigate and communicate with customers, to now be used for payment acceptance too. This means that one device can now be used for all the steps in the delivery journey. 


3. Flexibility for Customers: 

 

SoftPOS provides Pay-on-Delivery drivers and Pay-on-Arrival merchants with the ability to offer more payment options. This is a significant benefit for customers who may prefer paying after receiving their order. Customers who select pay on delivery but are caught off-guard on delivery day without any cash on hand, can now simply pay using their contactless card or through one of the alternative payment methods offered by the Lipa SoftPOS solution. 

 


4. Enhanced Security: 


SoftPOS incorporates robust security features, ensuring that customer data is transmitted securely during the payment process. After a successful tap, official branding from Visa or Mastercard assures customers they're using a legitimate channel. A scrambled PIN screen prevents anyone, even the driver, from memorising entered numbers.


Security measures are implemented to provide additional protection against applications that attempt to eavesdrop during transactions or utilise picture-in-picture functionality to capture sensitive screen information, such as entered PINs. Additionally, screenshot restrictions eliminate the risk of malicious actors capturing sensitive card details. These features not only safeguard data but also actively build trust, letting customers know their financial information is protected throughout the entire payment process. 

How can on-demand services make use of SoftPOS? 

 


  1. Simplified Integration with Lipa NFC (Near Field Communication) SDK (Software Development Kit): 

    The beauty of SoftPOS lies in its adaptability for businesses on the go, especially in the delivery industry. This is made possible through the integration of our Lipa NFC SDK, a powerful tool that empowers integrators, developers, and businesses to effortlessly incorporate contactless payment functionality into their mobile apps. With just 11 lines of code*, delivery services can seamlessly integrate SoftPOS into their existing systems. The ease of integration ensures that merchants and delivery service providers can focus on delivering exceptional service rather than getting bogged down by complicated technicalities. 

  2. White-labeled Application for Quick Market Entry

    The white labeling option provided allows delivery merchants to swiftly enter the market. By applying their branding to a pre-certified app, businesses can save valuable time and resources that would otherwise be spent on app development and certification processes. This accelerated market entry ensures that delivery services can quickly adapt to the ever-evolving demands of the industry. 

 


SoftPOS integration through the Lipa NFC SDK or white labeled application significantly reduces operational hurdles for delivery merchants. The elimination of complex hardware and the simplicity of the integration process empower businesses to focus on their core operations without the burden of extensive technical challenges. 


As the on-demand service industry continues to evolve, SoftPOS stands out as a versatile and cost-effective solution that empowers businesses to focus on delivering exceptional service while ensuring a seamless and secure payment experience for their customers. With SoftPOS, on-demand service providers can navigate the competitive landscape with confidence, knowing they have the tools to succeed in an ever-changing market.  

 

Join our mailing list to stay updated on our latest news and upcoming Pay on Delivery pilots. 

SoftPOS for On-the-Go and On-Demand Services
Lipa Payments - Product update 2024
By Lipa Payments 29 Jan, 2024
We’re excited to share the latest enhancements across the Lipa Payments ecosystem, introducing innovative features and improvements to elevate your experience. Among these updates, we made significant enhancements to our user interface (UI), ensuring a more intuitive and visually appealing interaction with our platforms. In 2024, we plan to unveil additional features and updates for our products, with ongoing updates to keep you informed. Excitingly, we've begun our PCI MPoC journey, aspiring to attain certification in the coming months.
By Lipa Payments 04 Dec, 2023
In the evolving landscape of event management amid digital acceleration, contactless payments are taking centre stage. A study by Juniper Research projects global contactless payment transactions to surge from $4.6 trillion in 2022 to $10 trillion by 2027. This growth is fuelled by investments in the contactless payments ecosystem, particularly in contactless-enabled POS terminals and device-level support. As events prioritise efficiency and safety, the increasing importance of contactless payments is evident.
Lipa Payments Achieves Visa & Mastercard Full SDK Certification for Tap to Phone
By Lipa Payments 18 Oct, 2023
Lipa Payments (Lipa), a leading fintech in the world of contactless payments, proudly announces its official listing on the Visa and Mastercard SoftPOS certified partners websites. Lipa achieved a Full SDK with PIN certification and is one of less than 20 companies globally to achieve this feat. This achievement marks a groundbreaking step forward in revolutionizing how businesses can accept contactless payments. The Lipa SoftPOS NFC SDK was designed to enable secure and user-friendly payment acceptance by enabling contactless card payments (Tap To Pay) on any NFC enabled smartphone (Tap on Phone) within existing mobile applications.
More Posts
Share by: