Using a smartphone to make and accept payments is not a new concept in South Africa. An app from Nedbank – known as Pocket POS – has been around since 2020, and Absa’s Mobile Pay was introduced early last year.These apps provide the technology for a very simple but nifty idea. Basically, Nedbank, Standard Bank and Absa have come up with a way for users to use their smartphone as a Point of Sales device.
Absa Mobile Pay users said that the app was easier enough to use. But they were concerned about safety features.
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