POS devices in retail stores haven’t developed as much in the past 10 years since the introduction of NFC. Some of the devices will offer different design, size and weight, however the functionality will remain the same.
With the growing crypto market we can see a huge demand for ways on how to utilize the digital currency, however there are not many options around in the market and even those are not fully proven solutions.
At Sfero, we have come together to not only bring something new to the table but also to challenge the existing payment ecosystem and to make it better.
Your choice on how you pay
At Sfero we have created the technology that allows users to decide on how they wish to pay at their local retail store. With our innovative payment solution that combines the well established payment methods such as Visa and Mastercard, alongside Apple Pay & Google Pay, we introduce to users the ability to complete their transactions using Crypto currency.
Benefits
- Expanded Payment options: Accepting Cryptocurrency retailers provide consumers with more options on how to make their purchase. This can attract crypto holders that prefer to spend their digital currency.
- Lower Transaction Fee: Traditional payment methods can be costly for retailers, when cryptocurrency transactions typically have lower fees, which will reduce the overall costs that the retailer incur.
- Cryptocurrency transactions are much faster than traditional card payments, which leads to a much shorter checkout time and improves the overall experience for the buyer.
- Marketing: Adding cryptocurrency as means of payment the retailer will attract another line of customers, it will also show that the retailer is forward thinking and moves together with innovation.
Overall, integrating crypto as a means of payment solution into retail POS systems will lead to innovation, attract a new audience, streamline transactions and will benefit both retailers and consumers in the fast growing digital economy.
