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.
This blog explores the advantages of adopting these contactless payment solutions, focusing on Lipa Payments' flagship offerings: Lipa Pay and Lipa SoftPOS.
What is Lipa SoftPOS:
Lipa SoftPOS is an application designed for businesses of all sizes that want to accept contactless payments. It enables various types of payment acceptance using a smartphone in a single application, including card payments using NFC, Bluetooth payments, and Pay by Link. This versatility allows businesses to offer simpler and faster ways for consumers to pay.
Why use Lipa SoftPOS at events?
What is Lipa Pay:
Lipa Pay is a consumer-facing wallet solution, aiming to make the payment process as straightforward as dealing with cash. The Lipa Pay wallet app uses Bluetooth Low Energy (BLE) for phone-to-phone payments without manually inputting details like account numbers. This patented solution uses BLE technology for seamless, contactless transactions between smartphones—enabling payments, money transfers, and wallet top-ups directly from your smartphone.
Why use Lipa Pay at events?
As we delve into practical applications, consider a few noteworthy use cases that highlight the versatility and impact of our solutions:
As we witness the rise of contactless payments, we provide businesses with innovative solutions to meet the evolving expectations and needs of customers. Whether it's the versatile Lipa SoftPOS or Lipa Pay, these contactless payment options offer efficiency, security, and a seamless experience for both event organisers and attendees.
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