Presently, the latest advancement has emerged in the form of Kernel in the Cloud – characterised as the forthcoming wave in digital payment solutions says Jason Penton, Chief Product Officer, and Co-founder of Banking as a Service and embedded finance enabler,Penton explains, “While ‘Tap-on-glass’ technology enabled merchants to accept payments through customers tapping a card on an NFC-enabled Android phone, KiC elevates this capability by enabling seamless communication between any device and...
“Furthermore, users can manage several mPOS devices through a single wallet on Eclipse. This means a merchant with multiple shops or, say, a restaurant with several devices being used by different waiters at once, can direct all those funds to a single wallet and manage their finances from there,” says Penton.
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