Pine Labs launched AllTap, a feature-rich app that may considerably speed up digital funds adoption in India. Pine Labs AllTap is a revolutionary new app for small retailers to instantly begin accepting digital funds on their NFC-enabled smartphone with out the necessity of any further {hardware}. The ‘faucet and pay’ function inside the app is safe and is licensed by PCI Safety Requirements Council (PCI SSC), RuPay, Visa, Mastercard and Amex.
Whereas the continuing pandemic propelled the adoption of digital funds in India, a big and demanding section of small entrepreneurs are nonetheless untouched by digitization. Pine Labs AllTap addresses this key section particularly small retailers, dwelling entrepreneurs, road distributors, hawkers, cab drivers, and others who should not able to spend money on a standard point-of-sale (PoS) terminal to just accept digital funds.
Commenting on the launch, B. Amrish Rau, CEO, Pine Labs mentioned, “We heard from small retailers, taxi drivers, self-employed people, tuition-givers, and a number of other different solopreneurs, who needed a easy digital funds acceptance resolution. We’re proud to unveil AllTap in response to their wants. AllTap comes with a cutting-edge contactless funds know-how and requires no further {hardware} for retailers to start out accepting digital funds. Their NFC-enabled smartphone is now a funds acceptance gadget. Pine Labs AllTap has large potential to bridge the digital divide not solely in India but additionally in different markets. We’re excited to introduce this pioneering app out there as we speak.”
Sanjeev Kumar, CTO, Pine Labs mentioned, “With AllTap, we’re providing retailers a strong PCI SSC-compliant Contactless Funds on COTS (CPoC) resolution. This ensures all faucet and pay transactions are totally safe. Our PCI SSC-CPoC itemizing underwent an intensive audit and certification from PCI SSC and main networks Visa, RuPay, Mastercard, and Amex.”
Utilizing the Pine Labs AllTap, retailers can convert their NFC-enabled smartphone right into a fee acceptance gadget in minutes and avail a number of further options comparable to changing a transaction into Pay Later EMIs to extend gross sales. AllTap is powered by Pine Labs’ strong fee infrastructure which is already trusted by over 150,000 retailers.
Pine Labs AllTap addresses a number of ache factors of small retailers. Service provider can now swap to contactless digital fee, settle for digital funds acceptance throughout door-step supply, cut back the checkout time delays by fast tap-and-go funds.
The app requires little documentation for the digital onboarding of retailers, making it a fast to obtain and use resolution. Pine Labs AllTap app is offered on Google Play Retailer
